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Guideline Value

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Guideline Value for SRI RAJARAJESWARI NAGAR EXTENSION - I

₹2310/sq.ft.

The guideline value for Sri Rajarajeswari Nagar Extension - I in Perungalathur village (Padappai SRO, Chennai zone) is Rs 2310 per sq.ft, effective 1 July 2024. It was Rs 2100 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Perungalathur

Village

Padappai

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹2310 /sq.ft.
From 1-4-2023 ₹2100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1407 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

3/158, Pushpagiri Main Rd, Padappai - 601 301.
044-27174392
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Sri Rajarajeswari Nagar Extension - I

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Sri Rajarajeswari Nagar Extension - I guideline value

The current guideline value for Sri Rajarajeswari Nagar Extension - I is Rs 2,310 per sq.ft, effective from 1 July 2024. This area is located in Perungalathur village and falls under the Padappai SRO. The land classification for this street is Residential Class II Type - I.

How the guideline value of Sri Rajarajeswari Nagar Extension - I has changed

The guideline value for Sri Rajarajeswari Nagar Extension - I has undergone several revisions over the years. The 2017 revision set the value at Rs 1,407 per sq.ft, which increased to Rs 2,100 per sq.ft in 2023. The latest revision in 2024 raised the value further to Rs 2,310 per sq.ft, marking a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

There are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. The significant changes between the revisions include a 49% increase from 2017 to 2023 and a 10% increase from 2023 to 2024.

Guideline values in Perungalathur

In Perungalathur, there are 411 streets under the Padappai SRO that carry a 2024 guideline value ranging from Rs 1,320 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,310 per sq.ft, which is equal to the current guideline value for Sri Rajarajeswari Nagar Extension - I.

Stamp duty and registration fee for property in Sri Rajarajeswari Nagar Extension - I

For a 1,000 sq.ft plot at the current guideline value of Rs 2,310 per sq.ft, the total guideline value would be Rs 23,10,000. The stamp duty at 7% would be Rs 1,61,700, and the registration fee at 2% would be Rs 46,200, bringing the total to Rs 2,07,900. 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 detailed calculations.

Which Sub Registrar Office covers Sri Rajarajeswari Nagar Extension - I?

The Sub Registrar Office that covers Sri Rajarajeswari Nagar Extension - I is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Perungalathur. It serves as a benchmark for determining the stamp duty and registration fees payable during the transaction.

When you register a property, the guideline value ensures that the government receives the appropriate revenue based on the property's assessed value. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Sri Rajarajeswari Nagar Extension - I?

The current guideline value of Sri Rajarajeswari Nagar Extension - I is Rs 2,310 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 1,407 per sq.ft to Rs 2,310 per sq.ft in 2024, which is a 64% increase overall.

What are the other streets in Perungalathur with similar guideline values?

Other streets in Perungalathur with a guideline value of Rs 2,310 per sq.ft include Sri Rajarajeshwari Extn -II and Sri Rajeshwari Nagar.

What is the registration fee for property in Sri Rajarajeswari Nagar Extension - I?

The registration fee for property in Sri Rajarajeswari Nagar Extension - I is calculated at 2% of the guideline value. For a 1,000 sq.ft plot, this would amount to Rs 46,200.

Where can I find the Sub Registrar Office for Sri Rajarajeswari Nagar Extension - I?

The Sub Registrar Office for Sri Rajarajeswari Nagar Extension - I is located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.