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Guideline Value

Corporate

Guideline Value for SRINIVASA NAGAR (KR)

₹661/sq.ft.

The guideline value for Srinivasa Nagar (kr) in Peramanoor village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 661 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

Peramanoor

Village

Chengleput Joint II

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹661 /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]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Srinivasa Nagar (kr)

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Srinivasa Nagar (Kr) guideline value

The current guideline value of Srinivasa Nagar (Kr) is Rs 661 per sq.ft, effective from 1 July 2024. This area is located in Peramanoor village and falls under the Chengleput Joint II SRO, classified as Residential Class I Type - III.

How the guideline value of Srinivasa Nagar (Kr) has changed

The guideline value for Srinivasa Nagar (Kr) has undergone several revisions over the years. In 2012, the value was set at Rs 600 per sq.ft, which later saw a decrease to Rs 402 per sq.ft in 2017. The subsequent revision in 2023 brought the value back up to Rs 600 per sq.ft, and the latest revision in 2024 has increased it further to Rs 661 per sq.ft, marking a 10% rise from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2012 to 2024, there has been a 10% increase. The register does not have figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Peramanoor

In Peramanoor, there are 430 streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 550 to Rs 2,200 per sq.ft. The median value is Rs 1,100 per sq.ft, indicating that the guideline value of Srinivasa Nagar (Kr) is below this median.

Stamp duty and registration fee for property in Srinivasa Nagar (Kr)

For a 1,000 sq.ft plot at the current guideline value of Rs 661 per sq.ft, the total guideline value would be Rs 6,61,000. The stamp duty at 7% would amount to Rs 46,270, and the registration fee at 2% would be Rs 13,220, bringing the total cost for these fees to Rs 59,490. 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 details.

Which Sub Registrar Office covers Srinivasa Nagar (Kr)?

The Sub Registrar Office that covers Srinivasa 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 Peramanoor

The guideline value plays a crucial role during the registration of property transactions in Peramanoor. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is compared with 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.

Frequently asked questions

What is the current guideline value of Srinivasa Nagar (Kr)?

The current guideline value of Srinivasa Nagar (Kr) is Rs 661 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 back to Rs 600 per sq.ft in 2023, and finally to Rs 661 per sq.ft in 2024.

What is the registration office for Srinivasa Nagar (Kr)?

The registration office for Srinivasa Nagar (Kr) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

How is stamp duty calculated for properties in Srinivasa Nagar (Kr)?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a plot valued at Rs 6,61,000, the stamp duty would be Rs 46,270 at 7%.

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

Other streets in Peramanoor with similar guideline values include Sri Lakshmi Nagar (Sa), Sri Ram Nagar (Kr), and Sri Krishna 4th Street Korukanthangal, all valued at Rs 661 per sq.ft in 2024.