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Guideline Value

Corporate

Guideline Value for SRI LAKSHMI NAGAR (SA)

₹661/sq.ft.

The guideline value for Sri Lakshmi Nagar (sa) in Peramanoor village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 661 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

Peramanoor

Village

Chengleput Joint II

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹661 /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 Sri Lakshmi Nagar (sa)

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Sri Lakshmi Nagar (Sa) guideline value

The current guideline value of Sri Lakshmi Nagar (Sa) is Rs 661 per sq.ft, effective from 1 July 2024. This area is located in Peramanoor village and falls under the Chengleput Joint II SRO. The land classification for this street is Residential Class I Type - III.

How the guideline value of Sri Lakshmi Nagar (Sa) has changed

Over the years, the guideline value of Sri Lakshmi Nagar (Sa) has seen several revisions. The most recent revision in 2024 set the guideline value at Rs 661 per sq.ft, an increase from Rs 600 per sq.ft in 2023, marking a change of +10%. Prior to that, in 2017, the guideline value was Rs 402 per sq.ft, which means there was a significant increase of +49% from 2017 to 2023. The 2012 revision also recorded a value of Rs 600 per sq.ft, which was a decrease of -33% from the 2017 figure. Overall, from 2012 to 2024, the guideline value has increased by +10%.

The register has no figure for the years 2002, 2003, and 2007 for this street. Therefore, the revisions available for Sri Lakshmi Nagar (Sa) are from 2012, 2017, 2023, and the most recent 2024.

Guideline values in Peramanoor

In Peramanoor village, there are 430 streets under the Chengleput Joint II SRO that have a 2024 guideline value ranging from Rs 550 to Rs 2,200 per sq.ft, with a median value of Rs 1,100 per sq.ft. The guideline value of Sri Lakshmi Nagar (Sa) is below this median.

Stamp duty and registration fee for property in Sri Lakshmi Nagar (Sa)

For a 1,000 sq.ft plot at the current guideline value of Rs 661 per sq.ft, the total guideline value is Rs 6,61,000. The stamp duty at 7% would amount to Rs 46,270, and the registration fee at 2% would be Rs 13,220, making the total charges together Rs 59,490. The duty is charged on the higher of the guideline value or the sale price.

For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Lakshmi Nagar (Sa)?

The Sub Registrar Office that covers Sri Lakshmi Nagar (Sa) 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 details.

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

The guideline value is an important factor in property transactions in Peramanoor. It is used to determine the stamp duty and registration fees when a property is bought or sold. Buyers and sellers must consider this value to ensure compliance with local regulations and to accurately calculate the costs associated with property registration.

When registering a property, the guideline value serves as a benchmark for the transaction. The stamp duty is calculated based on this value or the sale price, whichever is higher, ensuring that the government receives the appropriate fees for property transactions.

Frequently asked questions

What is the current guideline value of Sri Lakshmi Nagar (Sa)?

The current guideline value of Sri Lakshmi Nagar (Sa) is Rs 661 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 2023 to Rs 661 per sq.ft in 2024, a +10% increase. It was Rs 402 per sq.ft in 2017, which reflects a +49% increase to 2023.

What is the land classification for Sri Lakshmi Nagar (Sa)?

Sri Lakshmi Nagar (Sa) is classified as Residential Class I Type - III, indicating its suitability for residential development.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 6,61,000, the stamp duty would be Rs 46,270 and the registration fee would be Rs 13,220, totaling Rs 59,490. These fees are based on the guideline value or the sale price, whichever is higher.

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. This office handles registrations for properties in Sri Lakshmi Nagar (Sa).