Guideline Value for Nanthagopal Reddy Avenue
₹1200/sq.ft.
The guideline value for Nanthagopal Reddy Avenue in Sriperumbudur A village (Sriperumpudur SRO, Chengalpattu zone) is Rs 1200 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Sriperumbudur A
Village
Sriperumpudur
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1200 /sq.ft. |
| From 1-4-2023 | ₹1200 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹804 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | N/A |
| From 1-8-2007 To 31-3-2012 | N/A |
| From 1-4-2003 To 31-7-2007 | N/A |
| From 1-4-2002 To 31-3-2003 | N/A |
Guideline Value Timeline
Guideline Value Comparison
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Nanthagopal Reddy Avenue
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Sriperumpudur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Nanthagopal Reddy Avenue guideline value
The current guideline value of Nanthagopal Reddy Avenue is Rs 1,200 per sq.ft, effective from 1 July 2024. This street is located in Sriperumbudur A village, under the Sriperumpudur SRO, and is classified as Residential Class I Type - I.
How the guideline value of Nanthagopal Reddy Avenue has changed
The guideline value for Nanthagopal Reddy Avenue has undergone several revisions over the years. The most recent figures show that the 2024 revision is Rs 1,200 per sq.ft, which is the same as the 2023 revision. Prior to that, in the 2017 revision, the guideline value was Rs 804 per sq.ft. Notably, there are no figures available for the years 2002, 2003, 2007, and 2012.
From 2017 to 2023, the guideline value increased by 49%, and the overall change from 2017 to 2024 is also a 49% increase. The current guideline value reflects stability when compared to the previous year, showing no percentage change from 2023 to 2024.
Guideline values in Sriperumbudur A
In Sriperumbudur A, there are 238 streets under the Sriperumpudur SRO that have a 2024 guideline value ranging from Rs 400 to Rs 3,000 per sq.ft, with a median value of Rs 700 per sq.ft. The guideline value of Nanthagopal Reddy Avenue is above this median.
- Nandagopal Nagar: Rs 700 per sq.ft (2024)
- Navaneetham Nagar: Rs 700 per sq.ft (2024)
- Nazareth Nagar: Rs 1,200 per sq.ft (2024)
- Nehru Street: Rs 700 per sq.ft (2024)
- Nethaji Nagar: Rs 1,200 per sq.ft (2024)
- New Ramanujar Nagar: Rs 1,800 per sq.ft (2024)
Stamp duty and registration fee for property in Nanthagopal Reddy Avenue
For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value amounts to Rs 12,00,000. The stamp duty at 7% would be Rs 84,000, and the registration fee at 2% would be Rs 24,000, bringing the total cost for these fees to Rs 1,08,000. It is important to note that the duty is charged on either the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Nanthagopal Reddy Avenue?
The Sub Registrar Office that covers Nanthagopal Reddy Avenue is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Sriperumbudur A
The guideline value plays a crucial role in the registration process when buying or selling property in Sriperumbudur A. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from property transactions.
When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. Buyers should be aware that these costs are based on the guideline value or the sale price, depending on which is higher, thus impacting the overall expenses involved in the transaction.
Frequently asked questions
What is the current guideline value of Nanthagopal Reddy Avenue?
The current guideline value of Nanthagopal Reddy Avenue is Rs 1,200 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has remained stable at Rs 1,200 per sq.ft from 2023 to 2024. However, there was a significant increase of 49% from Rs 804 per sq.ft in 2017 to the current value.
What is the median guideline value in Sriperumbudur A?
The median guideline value in Sriperumbudur A is Rs 700 per sq.ft. The guideline value for Nanthagopal Reddy Avenue is above this median.
What are the stamp duty and registration fees for properties in this area?
The stamp duty is charged at 7%, and the registration fee is 2% of the guideline value. For a property valued at Rs 12,00,000, the total fees would be Rs 1,08,000.
Where can I find the Sub Registrar Office for Nanthagopal Reddy Avenue?
The Sub Registrar Office for Nanthagopal Reddy Avenue is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.
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