Guideline Value for SRI SAI RAM NAGAR
₹400/sq.ft.
The guideline value for Sri Sai Ram Nagar in Palur-a village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 400 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Palur-a
Village
Chengleput Joint II
SRO
Residential Special Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹400 /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 | 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)
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 Sai Ram Nagar
- 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 Sai Ram Nagar guideline value
The current guideline value of Sri Sai Ram Nagar, located in Palur-A village under the Chengleput Joint II SRO, is Rs 400 per sq.ft, effective from 1 July 2024. This area is classified as Residential Special Type - I.
How the guideline value of Sri Sai Ram Nagar has changed
The guideline value for Sri Sai Ram Nagar has undergone several revisions over the years. The 2017 revision set the value at Rs 268 per sq.ft. This remained unchanged until the 2023 revision, which also recorded the value at Rs 400 per sq.ft. The most recent revision in 2024 retained this figure, resulting in a 49% increase from the 2017 revision to both the 2023 and 2024 revisions.
It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. Therefore, the only recorded values are from 2017, 2023, and 2024.
Guideline values in Palur-A
In Palur-A, there are 44 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 150 to Rs 600 per sq.ft. The median value for these streets is Rs 400 per sq.ft, placing Sri Sai Ram Nagar at the median value.
- Sri Seshadri Garden Guna Nagar: Rs 400 per sq.ft (2024)
- Sri Seshadri Garden Pasupathi Nagar: Rs 400 per sq.ft (2024)
- Sri Sheshatari Garden: Rs 400 per sq.ft (2024)
- Sri Sheshatari Garden Extn-I: Rs 501 per sq.ft (2024)
- Sri Srinivasa Avenue Part-I: Rs 400 per sq.ft (2024)
- Sri Srinivasa Avenue Part-II: Rs 400 per sq.ft (2024)
Stamp duty and registration fee for property in Sri Sai Ram Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value amounts to Rs 4,00,000. The stamp duty at 7% would be Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total fees together to Rs 36,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more information, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Sri Sai Ram Nagar?
The Chengleput Joint II Sub Registrar Office covers Sri Sai Ram Nagar. The office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for further assistance.
How the guideline value is used when you buy or sell in Palur-A
The guideline value is a crucial factor in the registration process when buying or selling property in Palur-A. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.
When a property is registered, the guideline value is assessed to ensure that the correct fees are levied. This value helps maintain transparency and consistency in property transactions within the region.
Frequently asked questions
What is the current guideline value of Sri Sai Ram Nagar?
The current guideline value of Sri Sai Ram Nagar is Rs 400 per sq.ft, effective from 1 July 2024.
How much has the guideline value changed over the years?
From the 2017 revision to the 2024 revision, the guideline value has increased by 49%, remaining at Rs 400 per sq.ft in both the 2023 and 2024 revisions.
What are the other streets in Palur-A with similar guideline values?
Other streets in Palur-A with a guideline value of Rs 400 per sq.ft include Sri Seshadri Garden Guna Nagar, Sri Seshadri Garden Pasupathi Nagar, Sri Sheshatari Garden, Sri Srinivasa Avenue Part-I, and Sri Srinivasa Avenue Part-II.
What is the registration fee for properties in Sri Sai Ram Nagar?
The registration fee for properties in Sri Sai Ram Nagar is calculated based on the guideline value. For example, for a property valued at Rs 4,00,000, the registration fee would be Rs 8,000 at a rate of 2%.
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. You can find more information by visiting the relevant website to find your SRO.
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