Guideline Value for SUBAMANGALANAGAR
₹250/sq.ft.
The guideline value for Subamangalanagar in Sasithrampakkam village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 250 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Sasithrampakkam
Village
Chengleput Joint II
SRO
Residential Class II Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹250 /sq.ft. |
| From 1-4-2023 | ₹250 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹167 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹250 /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 Subamangalanagar
- 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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Subamangalanagar guideline value
The current guideline value of Subamangalanagar, located in Sasithrampakkam village under the Chengleput Joint II SRO, is Rs 250 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class II Type - I.
How the guideline value of Subamangalanagar has changed
Over the years, the guideline value of Subamangalanagar has seen several revisions. The 2012 revision set the value at Rs 250 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 167 per sq.ft, marking a decrease of 33%. However, from 2017 to 2023, the value increased by 50%, bringing it back to Rs 250 per sq.ft, where it has remained through the 2024 revision.
From the 2024 revision onwards, the guideline value remains at Rs 250 per sq.ft, showing no change from the previous year, 2023. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.
Guideline values in Sasithrampakkam
Sasithrampakkam village has a range of guideline values across its 12 streets under the Chengleput Joint II SRO, with values ranging from Rs 250 to Rs 1,000 per sq.ft. The median value for these streets is Rs 250 per sq.ft, placing Subamangalanagar at the median level for the 2024 figure.
- Subha Mangala Avenue Phase -I: Rs 250 per sq.ft (2024)
- Subha Mangala Avenue Phase -II: Rs 250 per sq.ft (2024)
- Subha Mangala Avenue Phase - III: Rs 250 per sq.ft (2024)
- Sri Lakshmi Narashima Nagar: Rs 250 per sq.ft (2024)
- Sri Kamala Puram: Rs 250 per sq.ft (2024)
- Vgn Abhivrudhi: Rs 896 per sq.ft (2024)
Stamp duty and registration fee for property in Subamangalanagar
For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, bringing the total cost for these fees to Rs 22,500. 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 Subamangalanagar?
The Subamangalanagar area falls under 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 further assistance.
How the guideline value is used when you buy or sell in Sasithrampakkam
The guideline value plays a crucial role during the registration of property transactions in Sasithrampakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.
When a property is sold, the guideline value is used to assess the applicable charges, ensuring that both the buyer and seller are aware of the financial obligations involved in the transaction. This ensures transparency and compliance with local regulations.
Frequently asked questions
What is the current guideline value of Subamangalanagar?
The current guideline value of Subamangalanagar is Rs 250 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has remained at Rs 250 per sq.ft since 2012, with a drop to Rs 167 per sq.ft in 2017 and an increase back to Rs 250 per sq.ft in 2023. The value has not changed from 2023 to 2024.
Are there other streets with similar guideline values in Sasithrampakkam?
Yes, there are several other streets in Sasithrampakkam with a guideline value of Rs 250 per sq.ft, including Subha Mangala Avenue Phase -I, Phase -II, Phase -III, Sri Lakshmi Narashima Nagar, and Sri Kamala Puram.
What is the stamp duty rate for property transactions in Subamangalanagar?
The stamp duty rate for property transactions in Subamangalanagar is 7% of the guideline value or the sale price, whichever is higher.
Where can I find the Sub Registrar Office for Subamangalanagar?
The Sub Registrar Office covering Subamangalanagar is the Chengleput Joint II SRO, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.
Ask the records, or walk the map.
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