Guideline Value for PAZHAYASEEVARAM MADHURA SANKARAPURAM
₹250/sq.ft.
The guideline value for Pazhayaseevaram Madhura Sankarapuram in Pazhayaseevaram -a village (Walajabad SRO, Chengalpattu zone) is Rs 250 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Pazhayaseevaram -a
Village
Walajabad
SRO
Residential Class II Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹250 /sq.ft. |
| From 1-4-2023 | ₹250 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹167 /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.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]
Records for a plot on Pazhayaseevaram Madhura Sankarapuram
- 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
- Walajabad sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Pazhayaseevaram Madhura Sankarapuram guideline value
The current guideline value of Pazhayaseevaram Madhura Sankarapuram is Rs 250 per sq.ft, effective from 1 July 2024. This village falls under the Walajabad SRO and is classified as Residential Class II Type - I.
How the guideline value of Pazhayaseevaram Madhura Sankarapuram has changed
The guideline value for Pazhayaseevaram Madhura Sankarapuram has seen several revisions over the years. The 2017 revision set the value at Rs 167 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded Rs 250 per sq.ft. The 2024 revision has maintained this guideline value at Rs 250 per sq.ft, indicating no change from the previous year.
From 2017 to 2023, the guideline value increased by 50%. Overall, from 2017 to 2024, there has been a 50% rise in the guideline value. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.
Guideline values in Pazhayaseevaram -A
Pazhayaseevaram -A has a total of 26 streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 500 per sq.ft, with a median value of Rs 350 per sq.ft. The guideline value for Pazhayaseevaram Madhura Sankarapuram is below this median.
- Palm Avenue Part-I,II,III: Rs 400 per sq.ft (2024)
- Pjr Temple Gate: Rs 500 per sq.ft (2024)
- Royal Avenue-II: Rs 250 per sq.ft (2024)
- Lakshmi Sri Nagar Part-I Ext-2: Rs 250 per sq.ft (2024)
- Sri Arunachala City Phase-III: Rs 200 per sq.ft (2024)
- Sri Arunachalacity Phase-IV: Rs 500 per sq.ft (2024)
Stamp duty and registration fee for property in Pazhayaseevaram Madhura Sankarapuram
For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, bringing the total fees to Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
You can use our stamp duty and registration fee calculator for more detailed calculations.
Which Sub Registrar Office covers Pazhayaseevaram Madhura Sankarapuram?
The Pazhayaseevaram Madhura Sankarapuram area is covered by the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Pazhayaseevaram -A
The guideline value is a crucial component in property transactions in Pazhayaseevaram -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 through stamp duty and registration fees.
When buying or selling property, the guideline value helps in assessing the financial obligations involved in the transaction. Buyers and sellers must be aware of the current guideline value to ensure compliance with legal requirements during registration.
Frequently asked questions
What is the current guideline value of Pazhayaseevaram Madhura Sankarapuram?
The current guideline value of Pazhayaseevaram Madhura Sankarapuram is Rs 250 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has remained at Rs 250 per sq.ft from 2023 to 2024, while it increased from Rs 167 per sq.ft in 2017 to Rs 250 per sq.ft in 2023, marking a 50% increase over that period.
What are the other streets in Pazhayaseevaram -A and their guideline values?
Other streets in Pazhayaseevaram -A include Palm Avenue Part-I,II,III at Rs 400 per sq.ft, Pjr Temple Gate at Rs 500 per sq.ft, Royal Avenue-II and Lakshmi Sri Nagar Part-I Ext-2 both at Rs 250 per sq.ft, and Sri Arunachala City Phase-III at Rs 200 per sq.ft, among others.
What is the stamp duty rate for properties in this area?
The stamp duty rate for properties in Pazhayaseevaram Madhura Sankarapuram is 7% of the guideline value or the sale price, whichever is higher.
Where can I find the Walajabad Sub Registrar Office?
The Walajabad Sub Registrar Office is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find more details about your SRO online.
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