Guideline Value for SAI RAM NAGAR
₹250/sq.ft.
The guideline value for Sai Ram Nagar in Pazhamathoor village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 250 per sq.ft, effective 1 July 2024. The land classification is New House Site Type -ii (unapproved Lay-out). Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Pazhamathoor
Village
Chengleput Joint II
SRO
New House Site Type -II (Unapproved Lay-Out)
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)
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 Sai Ram Nagar
- 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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Sai Ram Nagar guideline value
The current guideline value of Sai Ram Nagar, located in Pazhamathoor village under the Chengleput Joint II SRO, is Rs 250 per sq.ft, effective from 1 July 2024. This area falls under the land classification of New House Site Type -II (Unapproved Lay-Out).
How the guideline value of Sai Ram Nagar has changed
Over the years, the guideline value of Sai Ram Nagar has seen several revisions. The 2012 revision set the value at Rs 250 per sq.ft, which was a decrease of 33% from the 2017 revision of Rs 167 per sq.ft. The value remained unchanged at Rs 250 per sq.ft in both the 2023 and 2024 revisions, indicating a 0% change from 2023 to 2024. The overall change from 2012 to 2024 is also 0%.
It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Therefore, the most recent revisions are from 2012, 2017, 2023, and 2024, with the guideline value consistently at Rs 250 per sq.ft since 2012, except for the significant increase of 50% from 2017 to 2023.
Guideline values in Pazhamathoor
In Pazhamathoor, there are 7 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 250 to Rs 400 per sq.ft. The median value for these streets is Rs 400 per sq.ft, placing Sai Ram Nagar's 2024 figure below that median.
- Neithal Nagar: Rs 400 per sq.ft (2024)
- Mullai Nagar: Rs 400 per sq.ft (2024)
- Marutham Nagar: Rs 400 per sq.ft (2024)
- Kurinjinagar Ext: Rs 400 per sq.ft (2024)
- Kurinjinagar: Rs 400 per sq.ft (2024)
- Askar Avenue: Rs 400 per sq.ft (2024)
Stamp duty and registration fee for property in Sai Ram Nagar
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 cost for these fees to Rs 22,500. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Sai Ram Nagar?
The Sub Registrar Office covering Sai Ram Nagar 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 Pazhamathoor
The guideline value plays a crucial role in property transactions in Pazhamathoor, as it determines the minimum value at which a property can be registered. When buying or selling a property, the guideline value is used to calculate the applicable stamp duty and registration fees, ensuring that the transaction is recorded accurately with the local authorities.
It is essential for buyers and sellers to be aware of the current guideline value as it influences the overall cost of property transactions. Understanding these values helps in making informed decisions during the buying or selling process, ensuring compliance with legal requirements.
Frequently asked questions
What is the current guideline value of Sai Ram Nagar?
The current guideline value of Sai Ram Nagar is Rs 250 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has remained at Rs 250 per sq.ft since 2012, with a significant increase of 50% from Rs 167 per sq.ft in 2017 to Rs 250 per sq.ft in 2023. The value has not changed from 2023 to 2024.
What are the other streets in Pazhamathoor with their guideline values?
Other streets in Pazhamathoor under the Chengleput Joint II SRO have guideline values ranging from Rs 250 to Rs 400 per sq.ft. The median value for these streets is Rs 400 per sq.ft.
What fees are associated with buying property in Sai Ram Nagar?
When buying property in Sai Ram Nagar, buyers should be aware of the stamp duty at 7% and a registration fee at 2% of the guideline value. For example, for a 1,000 sq.ft plot, these fees total Rs 22,500.
Which Sub Registrar Office covers Sai Ram Nagar?
The Chengleput Joint II Sub Registrar Office covers Sai Ram Nagar, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.
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