Guideline Value for SRI RAM NAGAR (KR)
₹660/sq.ft.
The guideline value for Sri Ram Nagar (kr) in Panangottur village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 660 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
Panangottur
Village
Chengleput Joint II
SRO
Residential Class I Type - III
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹660 /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]
Records for a plot on Sri Ram Nagar (kr)
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Chengleput Joint Ii sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Sri Ram Nagar (Kr) guideline value
The current guideline value of Sri Ram Nagar (Kr) in Panangottur village is Rs 660 per sq.ft, effective from 1 July 2024. This area falls under the Chengleput Joint II SRO and is classified as Residential Class I Type - III.
How the guideline value of Sri Ram Nagar (Kr) has changed
In the 2012 revision, the guideline value was set at Rs 600 per sq.ft. This figure remained until the 2017 revision, which saw a decrease of 33% to Rs 402 per sq.ft. The value then rose significantly by 49% to Rs 600 per sq.ft in the 2023 revision. The latest revision in 2024 has increased the guideline value to Rs 660 per sq.ft, marking a 10% rise from the previous year.
Notably, there are no figures available for the revisions in 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 guideline values ranging from Rs 440 to Rs 2,200 per sq.ft. The median guideline value for the area is Rs 990 per sq.ft, placing the 2024 figure for Sri Ram Nagar (Kr) below this median.
- Sri Sakthi Nagar (Ward -15): Rs 660 per sq.ft (2024)
- Srinivasa Nagar (Kr): Rs 660 per sq.ft (2024)
- Sri Maruthi Nagar (Sa): Rs 440 per sq.ft (2024)
- Sri Lakshmi Nagar (Sa): Rs 660 per sq.ft (2024)
- Sri Krishna 4th Street Korukanthangal (Ward -18): Rs 660 per sq.ft (2024)
- Station Street (Ward -18): Rs 660 per sq.ft (2024)
Stamp duty and registration fee for property in Sri Ram Nagar (Kr)
For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value would be Rs 6,60,000. The stamp duty at 7% would amount to Rs 46,200, and the registration fee at 2% would be Rs 13,200, bringing the total fees together to Rs 59,400. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Sri Ram Nagar (Kr)?
The Sub Registrar Office that covers Sri Ram Nagar (Kr) 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 Panangottur
The guideline value is used as a reference for determining the minimum value at which property transactions are registered in Panangottur. It serves as a basis for calculating stamp duty and registration fees, ensuring that the government receives appropriate revenue from property transactions.
When buying or selling property, the guideline value helps to establish a fair price for registration purposes. It is crucial for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.
Frequently asked questions
What is the current guideline value of Sri Ram Nagar (Kr)?
The current guideline value of Sri Ram Nagar (Kr) is Rs 660 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 2012 to Rs 402 per sq.ft in 2017, then increased to Rs 600 per sq.ft in 2023, and finally to Rs 660 per sq.ft in 2024.
What is the median guideline value in Panangottur?
The median guideline value in Panangottur is Rs 990 per sq.ft, with Sri Ram Nagar (Kr) having a value below this median.
What are the stamp duty and registration fees for property in Sri Ram Nagar (Kr)?
The stamp duty is 7% and the registration fee is 2% of the guideline value. For a 1,000 sq.ft plot, the total fees would be Rs 59,400.
Which office handles registrations for Sri Ram Nagar (Kr)?
The Chengleput Joint II Sub Registrar Office handles registrations for Sri Ram Nagar (Kr), located at 10, Kancheepuram Main Road, Chengalpattu 603 002.
Ask the records, or walk the map.
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