Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for PREMA NAGAR (CHEN)

₹660/sq.ft.

The guideline value for Prema Nagar (chen) in Sengundram - 1 village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Sengundram - 1

Village

Chengleput Joint II

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹660 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /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 Prema Nagar (chen)

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Prema Nagar (Chen) guideline value

The current guideline value of Prema Nagar (Chen) is Rs 660 per sq.ft, effective from 1 July 2024. This area is located in Sengundram - 1 village under the Chengleput Joint II SRO and is classified as Residential Class I Type - III.

How the guideline value of Prema Nagar (Chen) has changed

The guideline value for Prema Nagar (Chen) has seen several revisions over the years. In 2012, the value was set at Rs 600 per sq.ft. This figure remained unchanged until 2017 when it decreased to Rs 402 per sq.ft. However, from 2017 to 2023, there was a significant increase of 49%, bringing the guideline value up to Rs 600 per sq.ft. The most recent revision in 2024 increased the value to Rs 660 per sq.ft, reflecting a 10% rise from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Sengundram - 1

In Sengundram - 1, there are 126 streets under the Chengleput Joint II SRO with guideline values ranging from Rs 660 to Rs 3,285 per sq.ft. The median value for these streets is Rs 880 per sq.ft, indicating that the guideline value for Prema Nagar (Chen) is below this median.

Stamp duty and registration fee for property in Prema Nagar (Chen)

For a 1,000 sq.ft plot at the current rate of Rs 660 per sq.ft, the guideline value amounts to Rs 6,60,000. The stamp duty at 7% would be Rs 46,200, and the registration fee at 2% would be Rs 13,200, totaling Rs 59,400. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Prema Nagar (Chen)?

The Sub Registrar Office that covers Prema Nagar (Chen) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Sengundram - 1

The guideline value is a crucial factor in property transactions, as it determines the minimum value at which properties can be registered. When buying or selling property in Sengundram - 1, the guideline value is used to calculate the stamp duty and registration fees applicable to the transaction.

It is essential for buyers and sellers to be aware of the current guideline value, as it impacts the overall cost of the transaction. Ensuring that the property is registered at or above the guideline value helps in maintaining compliance with legal requirements.

Frequently asked questions

What is the current guideline value of Prema Nagar (Chen)?

The current guideline value of Prema Nagar (Chen) is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Prema Nagar (Chen) has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then increased to Rs 600 per sq.ft in 2023, and finally to Rs 660 per sq.ft in 2024.

What are the other streets in Sengundram - 1?

Other streets in Sengundram - 1 include Poompugar Nagar (Chen), Platinum Premium County (Chen), Platinam County (Chen), Ragavendra Nagar (Sith), Pillaiyar Koil Street (Chen), and Rajagopal Street (Chen), with varying guideline values.

What is the registration fee for property in Prema Nagar (Chen)?

The registration fee for property in Prema Nagar (Chen) is calculated based on the guideline value. For example, for a property valued at Rs 6,60,000, the registration fee at 2% would be Rs 13,200.

Where can I find the Sub Registrar Office for Prema Nagar (Chen)?

The Sub Registrar Office for Prema Nagar (Chen) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.