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Guideline Value

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Guideline Value for PUTHUMAIPITHAN SALAI (WARD -8)

₹1760/sq.ft.

The guideline value for Puthumaipithan Salai (ward -8) in Ninna Karai village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 1760 per sq.ft, effective 1 July 2024. It was Rs 1600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Ninna Karai

Village

Chengleput Joint II

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹1760 /sq.ft.
From 1-4-2023 ₹1600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1072 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1600 /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 Puthumaipithan Salai (ward -8)

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Puthumaipithan Salai (Ward -8) guideline value

The current guideline value of Puthumaipithan Salai (Ward -8) is Rs 1,760 per sq.ft, effective from 1 July 2024. This street is located in Ninna Karai village, under the Chengleput Joint II SRO, and is classified as Residential Special Type - III.

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

The guideline value for Puthumaipithan Salai has seen several revisions over the years. The 2012 revision set the value at Rs 1,600 per sq.ft, which remained unchanged in the 2017 revision. However, in 2017, the value dropped to Rs 1,072 per sq.ft, before rising again to Rs 1,600 per sq.ft in 2023. The most recent revision in 2024 increased the value to Rs 1,760 per sq.ft, marking a 10% increase from the previous year.

Between the 2017 and 2023 revisions, there was a significant increase of 49%. The overall change from the 2012 revision to the 2024 revision reflects a modest increase of 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Ninna Karai

Ninna Karai village has a total of 449 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 440 to Rs 3,500 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, placing Puthumaipithan Salai's 2024 figure above the median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,760 per sq.ft, the total guideline value would be Rs 17,60,000. The stamp duty at 7% would amount to Rs 1,23,200, and the registration fee at 2% would be Rs 35,200, bringing the total to Rs 1,58,400. Please note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

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

The Puthumaipithan Salai (Ward -8) is covered by 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 details.

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

The guideline value is a crucial factor when registering property transactions in Ninna Karai. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value serves as a benchmark for the transaction price. If the sale price exceeds the guideline value, the stamp duty is calculated based on the sale price, ensuring that the government receives the correct amount in taxes.

Frequently asked questions

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

The current guideline value of Puthumaipithan Salai (Ward -8) is Rs 1,760 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,600 per sq.ft in 2012 to Rs 1,072 per sq.ft in 2017, then to Rs 1,600 per sq.ft in 2023, and finally to Rs 1,760 per sq.ft in 2024.

What is the land classification of Puthumaipithan Salai?

Puthumaipithan Salai is classified as Residential Special Type - III, indicating its suitability for residential developments.

What are the other streets with guideline values in Ninna Karai?

Other streets in Ninna Karai include Raagavalu Naidu Street at Rs 660 per sq.ft, Puranaru Street at Rs 1,321 per sq.ft, and Radhai Nagar at Rs 1,100 per sq.ft, among others.

Where can I find the Chengleput Joint II Sub Registrar Office?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, within the Chengalpattu registration zone.