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Guideline Value

Corporate

Guideline Value for SRI DHARMANATHAR AVENUE (CHEN)

₹1100/sq.ft.

The guideline value for Sri Dharmanathar Avenue (chen) in Sengundram - 1 village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Sengundram - 1

Village

Chengleput Joint II

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /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 Dharmanathar Avenue (chen)

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Sri Dharmanathar Avenue (Chen) guideline value

The current guideline value of Sri Dharmanathar Avenue (Chen) is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Sengundram - 1 village, under the Chengleput Joint II SRO, and is classified as Residential Special Type - III.

How the guideline value of Sri Dharmanathar Avenue (Chen) has changed

The guideline value for Sri Dharmanathar Avenue (Chen) has seen several revisions over the years. In the 2012 revision, the value was set at Rs 1,000 per sq.ft. This figure remained until the 2017 revision when it dropped to Rs 670 per sq.ft, marking a decrease of 33%. The value then increased significantly to Rs 1,000 per sq.ft in the 2023 revision, and currently stands at Rs 1,100 per sq.ft from the 2024 revision, reflecting a 10% increase from the previous year.

Between the 2017 and 2023 revisions, there was a notable increase of 49%. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Sengundram - 1

Sengundram - 1 village has a total of 126 streets under the Chengleput Joint II SRO, with 2024 guideline values ranging from Rs 660 to Rs 3,285 per sq.ft. The median guideline value for these streets is Rs 880 per sq.ft, placing Sri Dharmanathar Avenue (Chen) above this median.

Stamp duty and registration fee for property in Sri Dharmanathar Avenue (Chen)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, leading to a total of Rs 99,000. 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 more details.

Which Sub Registrar Office covers Sri Dharmanathar Avenue (Chen)?

The Sub Registrar Office that covers Sri Dharmanathar Avenue (Chen) 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 Sengundram - 1

The guideline value plays a crucial role in property transactions within Sengundram - 1. It is used to determine the stamp duty and registration fees when a property is bought or sold. This ensures that the government receives appropriate revenue based on the property's value.

When registering a property, the buyer must pay the stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This process helps maintain transparency and standardization in property transactions.

Frequently asked questions

What is the current guideline value of Sri Dharmanathar Avenue (Chen)?

The current guideline value of Sri Dharmanathar Avenue (Chen) is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then back to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,100 per sq.ft in 2024.

What is the land classification for Sri Dharmanathar Avenue (Chen)?

Sri Dharmanathar Avenue (Chen) is classified as Residential Special Type - III.

What are the other streets in Sengundram - 1 and their guideline values?

Other streets in Sengundram - 1 include Sri Devi Karumariamman Nagar at Rs 770 per sq.ft, Sri Baba Nagar at Rs 3,285 per sq.ft, and several others, with Sri Dharmanathar Avenue (Chen) being above the median value of Rs 880 per sq.ft.

Where can I find the Sub Registrar Office for Sri Dharmanathar Avenue (Chen)?

The Chengleput Joint II Sub Registrar Office covers Sri Dharmanathar Avenue (Chen) and is located at 10, Kancheepuram Main Road, Chengalpattu 603 002.