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Guideline Value

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Guideline Value for SRI BAVANI NAGAR PERAMANUR (WARD -15)

₹440/sq.ft.

The guideline value for Sri Bavani Nagar Peramanur (ward -15) 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]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sri Bavani Nagar Peramanur (ward -15)

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Sri Bavani Nagar Peramanur (Ward -15) guideline value

The current guideline value of Sri Bavani Nagar Peramanur (Ward -15) 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, classified as Residential Class II Type - II.

How the guideline value of Sri Bavani Nagar Peramanur (Ward -15) has changed

The guideline value for Sri Bavani Nagar Peramanur has seen several revisions over the years. In 2012, the guideline value was Rs 400 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 268 per sq.ft. Following this, the value increased significantly to Rs 400 per sq.ft in 2023, reflecting a 49% rise from 2017. The latest revision in 2024 has set the value at Rs 440 per sq.ft, a 10% increase from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

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, with a median value of Rs 990 per sq.ft. The guideline value of Sri Bavani Nagar Peramanur is below this median.

Stamp duty and registration fee for property in Sri Bavani Nagar Peramanur (Ward -15)

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value would be Rs 4,40,000. The stamp duty at 7% would amount to Rs 30,800, and the registration fee at 2% would be Rs 8,800, bringing the total fees to 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 use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Sri Bavani Nagar Peramanur (Ward -15)?

Sri Bavani Nagar Peramanur (Ward -15) is covered by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property transactions in Panangottur. It serves as a benchmark for determining the stamp duty and registration fees that are payable during the sale or purchase of property.

When a property is sold, the guideline value helps ensure that the transaction is recorded at a fair value, which can affect the overall costs involved in the registration process. Buyers and sellers should be aware of the guideline value to understand their financial obligations during property transactions.

Frequently asked questions

What is the current guideline value of Sri Bavani Nagar Peramanur?

The current guideline value of Sri Bavani Nagar Peramanur (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 land classification for Sri Bavani Nagar Peramanur?

Sri Bavani Nagar Peramanur is classified as Residential Class II Type - II, indicating its suitability for residential development.

What are other streets in Panangottur with their guideline values?

Other streets in Panangottur include Sri Balaji Nagar(West) Kattankolathur at Rs 990 per sq.ft, Sri Bhuvaneswari Avenue Peramanur at Rs 660 per sq.ft, and Sri Chandra Surya Gardens at Rs 990 per sq.ft, among others.

Where can I find the Sub Registrar Office for Sri Bavani Nagar Peramanur?

The Sub Registrar Office covering Sri Bavani Nagar Peramanur is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.