Guideline Value

Corporate

Guideline Value for SARADHAMBAL NAGAR

₹550/sq.ft.

The guideline value for Saradhambal Nagar in Kuthanoor village (Gooduvancheri SRO, Chengalpattu zone) is Rs 550 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kuthanoor

Village

Gooduvancheri

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
From 1-4-2023 ₹550 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹368 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹550 /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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Saradhambal Nagar

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Saradhambal Nagar guideline value

The current guideline value of Saradhambal Nagar is Rs 550 per sq.ft, effective from 1 July 2024. This area is located in Kuthanoor village, under the Gooduvancheri SRO, and is classified as Residential Class I Type - I.

How the guideline value of Saradhambal Nagar has changed

The guideline value for Saradhambal Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 550 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 368 per sq.ft. However, from 2017 to 2023, the value increased significantly by 49% back to Rs 550 per sq.ft, and it has remained consistent through the 2024 revision, showing no change from the previous year.

The register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has not changed, remaining at Rs 550 per sq.ft.

Guideline values in Kuthanoor

In Kuthanoor village, there are 30 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 2,000 per sq.ft, with a median value of Rs 800 per sq.ft. Saradhambal Nagar's current guideline value is below this median.

Stamp duty and registration fee for property in Saradhambal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value would be Rs 5,50,000. The stamp duty at 7% would amount to Rs 38,500, and the registration fee at 2% would be Rs 11,000, together totaling Rs 49,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Saradhambal Nagar?

The Sub Registrar Office that covers Saradhambal Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Kuthanoor

The guideline value is a crucial factor when registering property transactions in Kuthanoor. It serves as the basis for calculating stamp duty and registration fees, ensuring that all transactions are conducted fairly and transparently.

When buying or selling property, the guideline value helps determine the minimum sale price for registration purposes. This means that both buyers and sellers should be aware of the current guideline value to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Saradhambal Nagar?

The current guideline value of Saradhambal Nagar is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 550 per sq.ft since 2012, with a decrease to Rs 368 per sq.ft in 2017, followed by an increase back to Rs 550 per sq.ft in 2023. The value has not changed from 2023 to 2024.

What are the guideline values for other streets in Kuthanoor?

Other streets in Kuthanoor have varying guideline values, ranging from Rs 400 to Rs 2,000 per sq.ft. The median value for these streets is Rs 800 per sq.ft, with Saradhambal Nagar being below this median.

What fees are associated with buying property in Saradhambal Nagar?

For a property in Saradhambal Nagar, buyers should expect to pay a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Saradhambal Nagar?

The Gooduvancheri Sub Registrar Office covers Saradhambal Nagar, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.