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Guideline Value

Corporate

Guideline Value for PERIYAR SALAI (WARD -8)

₹1980/sq.ft.

The guideline value for Periyar Salai (ward -8) in Kattankollatur village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kattankollatur

Village

Chengleput Joint II

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1980 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1800 /sq.ft.
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

SRO (Sub Registrar Office)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Periyar Salai (ward -8)

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Periyar Salai (Ward -8) guideline value

The current guideline value of Periyar Salai (Ward -8) is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Kattankollatur village and falls under the Chengleput Joint II SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Periyar Salai (Ward -8) has changed

The guideline value for Periyar Salai (Ward -8) has undergone several revisions over the years. The 2012 revision set the value at Rs 1,800 per sq.ft. This was followed by a decrease to Rs 1,206 per sq.ft in the 2017 revision. The 2023 revision increased the value to Rs 1,800 per sq.ft, and the most recent 2024 revision raised it further to Rs 1,980 per sq.ft. Notably, the revisions for the years 2002, 2003, and 2007 have no figures recorded for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a significant increase of 49%. The value then increased by 10% from 2023 to 2024. Overall, comparing the values from 2012 to 2024, there has been a 10% increase.

Guideline values in Kattankollatur

Kattankollatur has a total of 453 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 440 to Rs 3,612 per sq.ft. The median guideline value in this village is Rs 1,100 per sq.ft, placing the 2024 guideline value of Periyar Salai (Ward -8) above this median.

Stamp duty and registration fee for property in Periyar Salai (Ward -8)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value would be Rs 19,80,000. The stamp duty at 7% would amount to Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, bringing the total fees together to Rs 1,78,200. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Periyar Salai (Ward -8)?

The Sub Registrar Office that covers Periyar Salai (Ward -8) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Kattankollatur

The guideline value plays a crucial role in property transactions in Kattankollatur. It is used to determine the stamp duty and registration fees when a property is bought or sold. The guideline value is essential for ensuring that the transaction is recorded accurately and fairly in the official registry.

When a buyer or seller approaches the registration office, the guideline value will be referenced to calculate the applicable fees. This ensures that both parties are aware of the financial obligations associated with the transaction, based on the established guideline value for the property.

Frequently asked questions

What is the current guideline value of Periyar Salai (Ward -8)?

The current guideline value of Periyar Salai (Ward -8) is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then back to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,980 per sq.ft in 2024.

What is the land classification for Periyar Salai (Ward -8)?

The land classification for Periyar Salai (Ward -8) is Residential Special Type - II.

What are the stamp duty rates for property in Periyar Salai (Ward -8)?

The stamp duty for property in Periyar Salai (Ward -8) is calculated at 7% of the guideline value or the sale price, whichever is higher.

Which office handles the registration for properties in Periyar Salai (Ward -8)?

The Chengleput Joint II Sub Registrar Office handles the registration for properties in Periyar Salai (Ward -8), located at 10, Kancheepuram Main Road, Chengalpattu 603 002.