Guideline Value for Perumal Nagar

Perumal Nagar guideline value

The current guideline value of Perumal Nagar, located in Nedunkumdram village under the Tambaram Joint 1 SRO, is Rs 1,320 per sq.ft, effective from 1 July 2024. This area is classified as Residential Special Type - III.

How the guideline value of Perumal Nagar has changed

The guideline value for Perumal Nagar has seen significant changes over the years. In the 2017 revision, the value was set at Rs 804 per sq.ft. With the 2024 revision, it has increased to Rs 1,320 per sq.ft, marking a change of +64% from the previous figure.

There are no figures available for the revisions in 2023, 2012, 2007, 2003, and 2002 for this street. Thus, the only revisions with figures are from 2017 and 2024.

Guideline values in Nedunkumdram

In Nedunkumdram, there are 75 streets under the Tambaram Joint 1 SRO that have a 2024 guideline value ranging from Rs 330 to Rs 5,300 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, placing Perumal Nagar's 2024 figure below this median.

• Perumal Nagar Extension: Rs 1,320 per sq.ft (2024)
• Park Land: Rs 1,110 per sq.ft (2024)
• Parijatham Nagar: Rs 1,660 per sq.ft (2024)
• Ngo Nagar Phase II,III,IV: Rs 1,320 per sq.ft (2024)
• Ngo Nagar Phase I Annex: Rs 1,430 per sq.ft (2024)
• Ngo Nagar Phase I: Rs 1,430 per sq.ft (2024)

Stamp duty and registration fee for property in Perumal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total to Rs 1,18,800. 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 Perumal Nagar?

The Sub Registrar Office that covers Perumal Nagar is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, 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 Nedunkumdram

The guideline value is an essential factor in the registration process when buying or selling property in Nedunkumdram. It determines the stamp duty and registration fees applicable to the transaction, ensuring that both parties are aware of the financial obligations involved.

When a property is sold, the guideline value serves as a benchmark for calculating the total costs associated with the registration. Buyers should be aware that the duty is charged based on the higher of the guideline value or the sale price.

Frequently asked questions

What is the current guideline value of Perumal Nagar?

The current guideline value of Perumal Nagar is Rs 1,320 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 804 per sq.ft to Rs 1,320 per sq.ft in 2024, representing a change of +64%.

What are the other streets in Nedunkumdram with their guideline values?

Other streets in Nedunkumdram include Perumal Nagar Extension at Rs 1,320 per sq.ft, Park Land at Rs 1,110 per sq.ft, Parijatham Nagar at Rs 1,660 per sq.ft, Ngo Nagar Phase II, III, IV at Rs 1,320 per sq.ft, Ngo Nagar Phase I Annex at Rs 1,430 per sq.ft, and Ngo Nagar Phase I at Rs 1,430 per sq.ft.

What are the stamp duty and registration fees for properties in Perumal Nagar?

For a property valued at Rs 13,20,000 in Perumal Nagar, the stamp duty is Rs 92,400 at 7%, and the registration fee is Rs 26,400 at 2%, totaling Rs 1,18,800.

Where is the Sub Registrar Office for Perumal Nagar located?

The Sub Registrar Office for Perumal Nagar is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.