Guideline Value for SINTHAMANI NAGAR (PER)
₹440/sq.ft.
The guideline value for Sinthamani Nagar (per) in Panangottur 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
Panangottur
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 Sinthamani Nagar (per)
- 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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Sinthamani Nagar (Per) guideline value
The current guideline value of Sinthamani Nagar (Per) is Rs 440 per sq.ft, effective from 1 July 2024. This area is located in Panangottur village and falls under the Chengleput Joint II SRO. The land classification for this street is Residential Class II Type - II.
How the guideline value of Sinthamani Nagar (Per) has changed
In the 2012 revision, the guideline value was Rs 400 per sq.ft. This figure then decreased to Rs 268 per sq.ft in the 2017 revision, marking a decline of 33%. Following this, the value rose significantly to Rs 400 per sq.ft in the 2023 revision, and further increased to Rs 440 per sq.ft in the 2024 revision, reflecting a 10% rise. 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. Therefore, the only available revisions are from 2012, 2017, 2023, and 2024.
Guideline values in Panangottur
In Panangottur, there are 419 streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 440 to Rs 2,200 per sq.ft. The median value for these streets is Rs 990 per sq.ft, making the 2024 figure for Sinthamani Nagar (Per) below that median.
- Sinthamani Nagar Annex (Sa): Rs 440 per sq.ft (2024)
- Sinthamani Nagar (Sa): Rs 440 per sq.ft (2024)
- Sinthamani Nagar Annex (Pa): Rs 660 per sq.ft (2024)
- Singaravelan Street (Ward -7): Rs 1,320 per sq.ft (2024)
- Sindhamani Street (Ward -7): Rs 1,320 per sq.ft (2024)
- Silappathikaram Street (Ward -8): Rs 1,320 per sq.ft (2024)
Stamp duty and registration fee for property in Sinthamani Nagar (Per)
For a 1,000 sq.ft plot at the current rate of Rs 440 per sq.ft, the guideline value amounts to Rs 4,40,000. The stamp duty at 7% would be Rs 30,800, while the registration fee at 2% would be Rs 8,800, totaling Rs 39,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
You can use the stamp duty and registration fee calculator for further calculations.
Which Sub Registrar Office covers Sinthamani Nagar (Per)?
The Chengleput Joint II Sub Registrar Office covers Sinthamani Nagar (Per). The office is 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 Panangottur
The guideline value is an essential factor when registering property transactions in Panangottur. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that both buyers and sellers adhere to the legal requirements during the transfer of property ownership.
When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to determine the applicable duties. This process helps maintain transparency and consistency in property transactions within the region.
Frequently asked questions
What is the current guideline value of Sinthamani Nagar (Per)?
The current guideline value of Sinthamani Nagar (Per) is Rs 440 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
Since 2012, the guideline value has experienced fluctuations, starting at Rs 400 per sq.ft, decreasing to Rs 268 per sq.ft in 2017, then increasing to Rs 400 per sq.ft in 2023, and finally reaching Rs 440 per sq.ft in 2024.
What is the land classification for Sinthamani Nagar (Per)?
The land classification for Sinthamani Nagar (Per) is Residential Class II Type - II, indicating its use for residential purposes.
Where can I find the Chengleput Joint II Sub Registrar Office?
The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.
How is the stamp duty calculated for properties in Sinthamani Nagar (Per)?
Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 4,40,000, the stamp duty would be Rs 30,800 at 7%.
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