Guideline Value for SRI SIVAM AVENUE
₹200/sq.ft.
The guideline value for Sri Sivam Avenue in Puliyampakkam village (Walajabad SRO, Chengalpattu zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Puliyampakkam
Village
Walajabad
SRO
Residential Class I Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹200 /sq.ft. |
| From 1-4-2023 | ₹200 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹134 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹200 /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
DRO (District Registrar Office)
No.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]
Records for a plot on Sri Sivam Avenue
- 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
- Walajabad sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Sri Sivam Avenue guideline value
The current guideline value of Sri Sivam Avenue is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Puliyampakkam village, under the Walajabad SRO, and is classified as Residential Class I Type - II.
How the guideline value of Sri Sivam Avenue has changed
In the 2012 revision, the guideline value was set at Rs 200 per sq.ft. This remained unchanged until the 2017 revision, where it dropped to Rs 134 per sq.ft, marking a decrease of 33%. The value then increased significantly to Rs 200 per sq.ft in the 2023 revision, maintaining the same rate in the 2024 revision, resulting in a 49% increase from the 2017 figure.
There are no recorded figures for the years 2002, 2003, and 2007 for Sri Sivam Avenue. Overall, from 2012 to 2024, the guideline value has remained at Rs 200 per sq.ft, indicating no change over this period.
Guideline values in Puliyampakkam
In Puliyampakkam, there are 26 streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 150 to Rs 550 per sq.ft, with a median value of Rs 250 per sq.ft. The guideline value of Sri Sivam Avenue is below this median.
- Sri Selvi Nagar: Rs 200 per sq.ft (2024)
- Sri Venkateshwara Nagar: Rs 200 per sq.ft (2024)
- Sri Sairam Nagar: Rs 200 per sq.ft (2024)
- Sri Rangan Nagar: Rs 300 per sq.ft (2024)
- Sri Lakshmi Narasimman Garden: Rs 250 per sq.ft (2024)
- Sri Gangai Amman Nagar: Rs 200 per sq.ft (2024)
Stamp duty and registration fee for property in Sri Sivam Avenue
For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total cost for these fees to Rs 18,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Sri Sivam Avenue?
The Sub Registrar Office that covers Sri Sivam Avenue is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Puliyampakkam
The guideline value is an essential reference point during property transactions in Puliyampakkam. It is used to determine the stamp duty and registration fees applicable when buying or selling property in the area.
When registering a property, the buyer must pay the stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.
Frequently asked questions
What is the current guideline value of Sri Sivam Avenue?
The current guideline value of Sri Sivam Avenue is Rs 200 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 200 per sq.ft in 2012 to Rs 134 per sq.ft in 2017, then back to Rs 200 per sq.ft in 2023 and 2024, resulting in an overall change of 0% from 2012 to 2024.
What is the land classification of Sri Sivam Avenue?
Sri Sivam Avenue is classified as Residential Class I Type - II, indicating its suitability for residential development.
Where can I find the Sub Registrar Office for Sri Sivam Avenue?
The Sub Registrar Office for Sri Sivam Avenue is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.
How is the stamp duty calculated for properties in Sri Sivam Avenue?
Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 at a rate of 7%.
Ask the records, or walk the map.
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