Guideline Value

Corporate

Guideline Value for SREE BABA NAGAR

₹500/sq.ft.

The guideline value for Sree Baba Nagar in Eachankaranai village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 500 per sq.ft, effective 1 July 2024. The land classification is Mixed Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Eachankaranai

Village

Chengleput Joint II

SRO

Mixed Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹500 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /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 Sree Baba Nagar

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Sree Baba Nagar guideline value

The current guideline value of Sree Baba Nagar is Rs 500 per sq.ft, effective from 1 July 2024. This locality is situated in Eachankaranai village under the Chengleput Joint II SRO, and the land classification is Mixed Special Type - I.

How the guideline value of Sree Baba Nagar has changed

The guideline value for Sree Baba Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 335 per sq.ft. Following this, the 2023 revision brought the value back up to Rs 500 per sq.ft, and the current 2024 revision maintains this value at Rs 500 per sq.ft. Notably, there are no figures available for the revisions in 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%, followed by a significant increase of 49% from 2017 to 2023. Overall, from 2012 to 2024, the guideline value remains unchanged at Rs 500 per sq.ft.

Guideline values in Eachankaranai

In Eachankaranai, there are 10 streets under the Chengleput Joint II SRO that carry a 2024 guideline value, ranging from Rs 400 to Rs 2,000 per sq.ft. The guideline value for Sree Baba Nagar is equal to the median value of Rs 500 per sq.ft.

Stamp duty and registration fee for property in Sree Baba Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, totaling Rs 45,000. 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 details.

Which Sub Registrar Office covers Sree Baba Nagar?

The Sub Registrar Office that covers Sree Baba Nagar 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 additional information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Eachankaranai. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair price.

When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Sree Baba Nagar?

The current guideline value of Sree Baba Nagar is Rs 500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then back to Rs 500 per sq.ft in 2023, and remains at Rs 500 per sq.ft in 2024.

What are the other streets in Eachankaranai with their guideline values?

Other streets in Eachankaranai include Sri Kumaran Nagar at Rs 400 per sq.ft, Sthiya Sai Nagar at Rs 400 per sq.ft, Thirukumaran Nagar at Rs 500 per sq.ft, Thirukuralnagar at Rs 500 per sq.ft, Pristine Pavilion at Rs 400 per sq.ft, and Happy Valley at Rs 2,000 per sq.ft.

What is the registration fee for property in Sree Baba Nagar?

The registration fee for property in Sree Baba Nagar is calculated based on the guideline value. For example, for a 1,000 sq.ft plot valued at Rs 5,00,000, the registration fee would be Rs 10,000 at a rate of 2%.

Where can I find the Sub Registrar Office for Sree Baba Nagar?

The Sub Registrar Office for Sree Baba Nagar is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more information by visiting the relevant link.