Guideline Value

Corporate

Guideline Value for SAWDAMBIGA NAGAR

₹902/sq.ft.

The guideline value for Sawdambiga Nagar in Allappakkam village (Chengleput Joint I SRO, Chengalpattu zone) is Rs 902 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 0% change. The land classification is Residential Special Type - Iv. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Allappakkam

Village

Chengleput Joint I

SRO

Residential Special Type - IV
History
Period Guideline Value
From 1-7-2024 ₹902 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /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.
044-27423054
[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 Sawdambiga Nagar

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Sawdambiga Nagar guideline value

The current guideline value of Sawdambiga Nagar is Rs 902 per sq.ft, effective from 1 July 2024. This area is located in Allappakkam village under the Chengleput Joint I SRO, classified as Residential Special Type - IV.

How the guideline value of Sawdambiga Nagar has changed

The guideline value for Sawdambiga Nagar has undergone several revisions over the years. The 2012 revision set the value at Rs 900 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 603 per sq.ft. Following this, the value increased to Rs 900 per sq.ft in the 2023 revision, and it has now risen slightly to Rs 902 per sq.ft in the 2024 revision. Notably, there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, it saw a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has remained at Rs 902 per sq.ft, showing no net change.

Guideline values in Allappakkam

In Allappakkam, there are 51 streets under the Chengleput Joint I SRO that carry a 2024 guideline value ranging from Rs 600 to Rs 2,000 per sq.ft, with a median of Rs 1,102 per sq.ft. The guideline value for Sawdambiga Nagar is below this median.

Stamp duty and registration fee for property in Sawdambiga Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 902 per sq.ft, the total guideline value would be Rs 9,02,000. The stamp duty at 7% would amount to Rs 63,140, and the registration fee at 2% would be Rs 18,040, making the total cost for these fees Rs 81,180. 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 Sawdambiga Nagar?

The Sub Registrar Office covering Sawdambiga Nagar is the Chengleput Joint I 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 Allappakkam

The guideline value plays a crucial role in the registration process when buying or selling property in Allappakkam. It is used to determine the stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

When a property transaction occurs, the buyer must pay the applicable stamp duty and registration fees based on the guideline value set for that specific area. This ensures that the transaction is officially recorded and complies with local regulations.

Frequently asked questions

What is the current guideline value of Sawdambiga Nagar?

The current guideline value of Sawdambiga Nagar is Rs 902 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes: from Rs 900 in 2012 to Rs 603 in 2017, then back to Rs 900 in 2023, and finally to Rs 902 in 2024. There are no figures available for the revisions in 2002, 2003, and 2007.

What are the other streets in Allappakkam and their guideline values?

Other streets in Allappakkam include Saraswathi Nagar at Rs 1,102 per sq.ft, Samraja Nagar at Rs 902 per sq.ft, and Sakthi Nagar Ext at Rs 1,200 per sq.ft, among others. These values reflect the 2024 guideline rates.

What fees are associated with buying property in Sawdambiga Nagar?

When purchasing property in Sawdambiga Nagar, buyers are required to pay stamp duty at 7% and a registration fee at 2% based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur total fees of Rs 81,180.

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

The Chengleput Joint I Sub Registrar Office, which covers Sawdambiga Nagar, is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more information about your SRO through the provided link.