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Guideline Value

Corporate

Guideline Value for Periya kalathumettu street

₹250/sq.ft.

The guideline value for Periya Kalathumettu Street in Karasangal village (Sriperumpudur 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

Karasangal

Village

Sriperumpudur

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 ₹250 /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)

27, Chetty Street, Sriperumpudur-602 105
044-27163925
[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 Periya Kalathumettu Street

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Periya kalathumettu street guideline value

The current guideline value for Periya Kalathumettu Street is Rs 250 per sq.ft, effective from 1 July 2024. This street is located in Karasangal village under the Sriperumpudur SRO, classified as Residential Class II Type - I.

How the guideline value of Periya kalathumettu street has changed

In the 2012 revision, the guideline value was Rs 250 per sq.ft. This remained unchanged in the 2017 revision, where it was Rs 167 per sq.ft, reflecting a decrease of 33%. The value then increased by 50% to Rs 250 per sq.ft in the 2023 revision, and has remained the same in the 2024 revision, with no change from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has not changed, remaining at Rs 250 per sq.ft.

Guideline values in Karasangal

In Karasangal, there are 59 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 3,550 per sq.ft. The median value for these streets is Rs 402 per sq.ft, indicating that the guideline value for Periya Kalathumettu Street is below this median.

Stamp duty and registration fee for property in Periya kalathumettu street

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 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 Periya kalathumettu street?

The Sub Registrar Office that covers Periya Kalathumettu Street 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 Karasangal

The guideline value serves as a benchmark for property transactions in Karasangal, ensuring that the property is registered at a fair value. When a buyer or seller engages in a transaction, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for the legal transfer of property ownership.

During the registration process, both the buyer and seller must be aware of the guideline value as it impacts the total costs associated with the transaction. This ensures compliance with local regulations and helps in determining the financial obligations of the parties involved.

Frequently asked questions

What is the current guideline value for Periya kalathumettu street?

The current guideline value for Periya Kalathumettu Street is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen changes from Rs 250 per sq.ft in 2012 to Rs 167 per sq.ft in 2017, then back to Rs 250 per sq.ft in 2023 and 2024. Overall, the value from 2012 to 2024 has remained unchanged.

What is the land classification for Periya kalathumettu street?

Periya Kalathumettu Street is classified as Residential Class II Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for a property here?

For a property valued at Rs 2,50,000, the stamp duty would be Rs 17,500 and the registration fee would be Rs 5,000, totaling Rs 22,500. These fees are calculated based on the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Periya Kalathumettu Street is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find more information by visiting the provided link.