Guideline Value for SATTAMANGALAM (WARD -15)
₹440/sq.ft.
The guideline value for Sattamangalam (ward -15) 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 Sattamangalam (ward -15)
- 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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Sattamangalam (Ward -15) guideline value
The current guideline value of Sattamangalam (Ward -15) is Rs 440 per sq.ft, effective from 1 July 2024. This village falls under the Chengleput Joint II SRO and is classified as Residential Class II Type - II.
How the guideline value of Sattamangalam (Ward -15) has changed
Over the years, the guideline value of Sattamangalam (Ward -15) has seen several revisions. The 2012 revision set the value at Rs 400 per sq.ft, which then decreased to Rs 268 per sq.ft in 2017. Following this, the value increased to Rs 400 per sq.ft in 2023, and then to Rs 440 per sq.ft in 2024. The register has no figures for the years 2002, 2003, and 2007 for this street.
From 2012 to 2017, there was a decrease of 33%, but this was followed by a significant increase of 49% from 2017 to 2023. The overall change from 2012 to 2024 shows a slight increase of 10% in the guideline value.
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 for Sattamangalam (Ward -15) is below this median.
- Sattamangalam Perumal Koil St (Ward -15): Rs 440 per sq.ft (2024)
- Sathya Suriya Garden (Ward -7): Rs 1,320 per sq.ft (2024)
- Sathyasai Sababathi Nagar (Ward -15): Rs 440 per sq.ft (2024)
- Sathyasai Nagar (Ward -15): Rs 660 per sq.ft (2024)
- School Street (Ward -15): Rs 440 per sq.ft (2024)
- School Street (Ward -2): Rs 440 per sq.ft (2024)
Stamp duty and registration fee for property in Sattamangalam (Ward -15)
For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value amounts to Rs 4,40,000. The stamp duty at 7% would be Rs 30,800, and the registration fee at 2% would be Rs 8,800, leading to a total of Rs 39,600. It is important to note that the duty is charged on the higher of the guideline value and the sale price.
You can also use our stamp duty and registration fee calculator for more accurate calculations.
Which Sub Registrar Office covers Sattamangalam (Ward -15)?
The Sub Registrar Office covering Sattamangalam (Ward -15) 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 Sattamangalam
The guideline value plays a crucial role in the registration process of property transactions in Sattamangalam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.
When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. Buyers should be aware that these charges are based on the higher of the guideline value or the agreed sale price, which affects the overall cost of the transaction.
Frequently asked questions
What is the current guideline value of Sattamangalam (Ward -15)?
The current guideline value of Sattamangalam (Ward -15) 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 is the classification of land in Sattamangalam (Ward -15)?
The land classification for Sattamangalam (Ward -15) is Residential Class II Type - II.
What are the stamp duty and registration fees for property in Sattamangalam?
For a property valued at 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 office handles registrations for Sattamangalam (Ward -15)?
The Chengleput Joint II Sub Registrar Office handles registrations for Sattamangalam (Ward -15), located at 10, Kancheepuram Main Road, Chengalpattu 603 002.
Ask the records, or walk the map.
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