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Guideline Value

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Guideline Value for SINTHAMANI NAGAR ANNEX (PA)

₹660/sq.ft.

The guideline value for Sinthamani Nagar Annex (pa) in Sattamangalam village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Sattamangalam

Village

Chengleput Joint II

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹660 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /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 Sinthamani Nagar Annex (pa)

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Sinthamani Nagar Annex (Pa) guideline value

The current guideline value for Sinthamani Nagar Annex (Pa) is Rs 660 per sq.ft, effective from 1 July 2024. This area is located in Sattamangalam village, under the Chengleput Joint II SRO, and is classified as Residential Class I Type - III.

How the guideline value of Sinthamani Nagar Annex (Pa) has changed

The guideline value for Sinthamani Nagar Annex (Pa) has undergone several revisions over the years. The 2012 revision set the value at Rs 600 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 402 per sq.ft, reflecting a decrease of 33%. In 2023, the value increased to Rs 600 per sq.ft, and in the latest 2024 revision, it rose to Rs 660 per sq.ft, marking a 10% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. The 2017 revision to 2023 saw a significant increase of 49%, while the change from 2023 to 2024 was a 10% increase. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

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. The median guideline value for these streets is Rs 1,100 per sq.ft, and Sinthamani Nagar Annex (Pa) is below this median.

Stamp duty and registration fee for property in Sinthamani Nagar Annex (Pa)

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value would be Rs 6,60,000. The stamp duty at 7% would amount to Rs 46,200, and the registration fee at 2% would be Rs 13,200, making the total cost for these fees Rs 59,400. Please 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 to estimate your fees based on your property transaction.

Which Sub Registrar Office covers Sinthamani Nagar Annex (Pa)?

The Sub Registrar Office that covers Sinthamani Nagar Annex (Pa) 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 is an essential factor in the registration 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 state receives appropriate revenue from property sales.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. Buyers must be aware that these fees are based on the higher of the guideline value or the agreed sale price, which can impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value for Sinthamani Nagar Annex (Pa)?

The current guideline value for Sinthamani Nagar Annex (Pa) is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then increased to Rs 600 per sq.ft in 2023, and finally to Rs 660 per sq.ft in 2024.

What is the land classification for Sinthamani Nagar Annex (Pa)?

Sinthamani Nagar Annex (Pa) is classified as Residential Class I Type - III, indicating its suitability for residential development.

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

Other streets in Sattamangalam include Sinthamani Nagar Annex (Sa) at Rs 660 per sq.ft, Singaravelan Street (Ward -7) at Rs 1,320 per sq.ft, and Sinthamani Nagar (Per) at Rs 440 per sq.ft, among others.

How is stamp duty calculated for properties in Sinthamani Nagar Annex (Pa)?

Stamp duty for properties in Sinthamani Nagar Annex (Pa) is calculated at 7% of the guideline value or the sale price, whichever is higher. For a 1,000 sq.ft property, this would be Rs 46,200 based on the current guideline value.