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Guideline Value

Corporate

Guideline Value for SAMPATH NAGAR (KR)

₹440/sq.ft.

The guideline value for Sampath Nagar (kr) in Ninna Karai 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

Ninna Karai

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]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sampath Nagar (kr)

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Sampath Nagar (Kr) guideline value

The current guideline value of Sampath Nagar (Kr) is Rs 440 per sq.ft, effective from 1 July 2024. This locality is situated in Ninna Karai village and falls under the Chengleput Joint II SRO, classified as Residential Class II Type - II.

How the guideline value of Sampath Nagar (Kr) has changed

The guideline value for Sampath Nagar (Kr) has seen several revisions over the years. The 2012 revision set the value at Rs 400 per sq.ft, which then decreased to Rs 268 per sq.ft in the 2017 revision. This was followed by an increase to Rs 400 per sq.ft in the 2023 revision, and finally, the current value is Rs 440 per sq.ft for the 2024 revision, reflecting a 10% increase from the previous year.

From 2017 to 2023, there was a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 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 Sampath Nagar (Kr)'s 2024 figure below that median.

Stamp duty and registration fee for property in Sampath Nagar (Kr)

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, while the registration fee at 2% would be Rs 8,800, totaling Rs 39,600. 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 detailed calculations.

Which Sub Registrar Office covers Sampath Nagar (Kr)?

The Sampath Nagar (Kr) area 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 information.

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, impacting the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in real estate dealings. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Sampath Nagar (Kr)?

The current guideline value of Sampath Nagar (Kr) 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 increased to Rs 400 per sq.ft in 2023, and finally to Rs 440 per sq.ft in 2024.

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

Other streets in Ninna Karai include Samidass Street (N) at Rs 660 per sq.ft, Sangamithirai Street (Ward -7) at Rs 1,321 per sq.ft, and Sakthi Nagar (Per) at Rs 440 per sq.ft, among others.

What are the stamp duty and registration fees for Sampath Nagar (Kr)?

For a 1,000 sq.ft plot at the current rate, the stamp duty would be Rs 30,800 and the registration fee would be Rs 8,800, totaling Rs 39,600.

Which office handles registrations for Sampath Nagar (Kr)?

The Chengleput Joint II Sub Registrar Office handles registrations for Sampath Nagar (Kr), located at 10, Kancheepuram Main Road, Chengalpattu 603 002.