Guideline Value for SRI SAMY NAGAR

₹300/sq.ft.

The guideline value for Sri Samy Nagar in Siyamangalam village (Walajabad SRO, Chengalpattu zone) is Rs 300 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Siyamangalam

Village

Walajabad

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹300 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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)

Sriperumbudur Road, Walajabad-631 605
044-27257430
[email protected]

DRO (District Registrar Office)

No.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sri Samy Nagar

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Sri Samy Nagar guideline value

The current guideline value of Sri Samy Nagar is Rs 300 per sq.ft, effective from 1 July 2024. This street is located in Siyamangalam village under the Walajabad Sub Registrar Office (SRO). The land classification for this area is Residential Special Type - I.

How the guideline value of Sri Samy Nagar has changed

According to the guideline value register, there are no figures available for Sri Samy Nagar for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision also recorded a guideline value of Rs 300 per sq.ft, which remained unchanged in the 2024 revision, reflecting a 0% change from 2023 to 2024.

The current guideline value of Rs 300 per sq.ft, effective from 1 July 2024, aligns with the median value of Rs 300 per sq.ft for the 12 streets in Siyamangalam that have a 2024 figure. This indicates that the value for Sri Samy Nagar is consistent with the overall pricing in the village.

Guideline values in Siyamangalam

In Siyamangalam, the guideline values for the 2024 revision range from Rs 250 to Rs 371 per sq.ft, with the median value being Rs 300 per sq.ft. Sri Samy Nagar's guideline value is equal to this median. The following are the other streets in Siyamangalam under the Walajabad SRO:

Stamp duty and registration fee for property in Sri Samy Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, totaling Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Samy Nagar?

The Sri Samy Nagar area is covered by the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process of property transactions in Siyamangalam. It is used to determine the stamp duty and registration fees that must be paid during the sale or purchase of property in the area.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the government receives the appropriate revenue from property transactions based on the established guideline values.

Frequently asked questions

What is the current guideline value of Sri Samy Nagar?

The current guideline value of Sri Samy Nagar is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There have been no figures available for Sri Samy Nagar in the revisions from 2002 to 2017. The guideline value was Rs 300 per sq.ft in both the 2023 and 2024 revisions, indicating no change.

What is the land classification for Sri Samy Nagar?

Sri Samy Nagar is classified as Residential Special Type - I, which is important for understanding the type of development allowed in the area.

What are the other streets in Siyamangalam with guideline values?

Other streets in Siyamangalam under the Walajabad SRO include Sri Ramajayam Nagar, Sri Mahalakshmi Nagar, Sri Lakshmi Avenue, Sri Ganesa Nagar, Sri Ganapathy Nagar, and Sri Annamalaiyar Nagar, with values ranging from Rs 250 to Rs 371 per sq.ft.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, if the guideline value is Rs 3,00,000, the stamp duty at 7% would be Rs 21,000.