Guideline Value for SABATHI NAGAR (PER)
₹440/sq.ft.
The guideline value for Sabathi Nagar (per) in Sattamangalam village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 440 per sq.ft, effective 1 July 2024. It was Rs 400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Sattamangalam
Village
Chengleput Joint II
SRO
Residential Class II Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹440 /sq.ft. |
| From 1-4-2023 | ₹400 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹268 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹400 /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]
Records for a plot on Sabathi Nagar (per)
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Chengleput Joint Ii sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Sabathi Nagar (Per) guideline value
The current guideline value of Sabathi Nagar (Per) is Rs 440 per sq.ft, effective from 1 July 2024. This area is located in Sattamangalam village and falls under the Chengleput Joint II SRO. The land classification for this street is Residential Class II Type - II.
How the guideline value of Sabathi Nagar (Per) has changed
The guideline value of Sabathi Nagar (Per) has undergone several revisions over the years. The earliest recorded revision is from 2012, where the guideline value was Rs 400 per sq.ft. This figure remained the same until 2017, when it dropped to Rs 268 per sq.ft, marking a decrease of 33%. In 2023, the value increased to Rs 400 per sq.ft, and in the latest revision for 2024, it rose to Rs 440 per sq.ft, reflecting a 10% increase from the previous year. Notably, there are no recorded figures for the years 2002, 2003, and 2007 for this street.
From 2017 to 2023, there was a significant increase of 49%, bringing the value back to the 2012 figure. Overall, from 2012 to 2024, the guideline value has seen a modest increase of 10%.
Guideline values in Sattamangalam
In Sattamangalam, there are 425 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 2,200 per sq.ft, with a median value of Rs 1,100 per sq.ft. The guideline value of Sabathi Nagar (Per) is below this median.
- Sadasivam Salai (Ward -18): Rs 1,320 per sq.ft (2024)
- Sadasivam Salai (Ward -2): Rs 1,320 per sq.ft (2024)
- Sagunthapuram (N): Rs 660 per sq.ft (2024)
- Rukumani Nagar (N): Rs 660 per sq.ft (2024)
- R.R.Nagar: Rs 660 per sq.ft (2024)
- Roshan Babu Nagar (Ward -19): Rs 660 per sq.ft (2024)
Stamp duty and registration fee for property in Sabathi Nagar (Per)
For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value would be Rs 4,40,000. The stamp duty at 7% would amount to Rs 30,800, and the registration fee at 2% would be Rs 8,800, making the total charges Rs 39,600. It is important to note that the stamp duty is charged on the higher of the guideline value or the sale price.
For more information on calculating fees, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Sabathi Nagar (Per)?
The Sub Registrar Office that covers Sabathi Nagar (Per) 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 details.
How the guideline value is used when you buy or sell in Sattamangalam
The guideline value plays a crucial role during property registration in Sattamangalam. It is used to determine the stamp duty and registration fees applicable when buying or selling property. Buyers must be aware that the stamp duty is calculated based on the higher value between the guideline value and the sale price.
Understanding the guideline value is essential for both buyers and sellers, as it ensures compliance with local regulations and helps in accurately assessing the financial obligations involved in property transactions.
Frequently asked questions
What is the current guideline value of Sabathi Nagar (Per)?
The current guideline value of Sabathi Nagar (Per) is Rs 440 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 400 per sq.ft in 2012 to Rs 268 per sq.ft in 2017, then back to Rs 400 per sq.ft in 2023, and finally to Rs 440 per sq.ft in 2024.
What are the stamp duty and registration fees for property in Sabathi Nagar (Per)?
For a 1,000 sq.ft plot, the total guideline value is Rs 4,40,000. The stamp duty would be Rs 30,800, and the registration fee would be Rs 8,800, totaling Rs 39,600.
Which Sub Registrar Office covers Sabathi Nagar (Per)?
Sabathi Nagar (Per) is covered by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.
What is the land classification for Sabathi Nagar (Per)?
The land classification for Sabathi Nagar (Per) is Residential Class II Type - II.
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