Guideline Value

Corporate

Guideline Value for SUBHA MANGALA AVENUE PHASE -II

₹250/sq.ft.

The guideline value for Subha Mangala Avenue Phase -ii 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 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)

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 Subha Mangala Avenue Phase -ii

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Subha Mangala Avenue Phase -II guideline value

The current guideline value of Subha Mangala Avenue Phase -II is Rs 250 per sq.ft, effective from 1 July 2024. This street is located in Sasithrampakkam village and falls under the Chengleput Joint II SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Subha Mangala Avenue Phase -II has changed

According to the guideline value register, there have been several revisions for Subha Mangala Avenue Phase -II. The 2024 revision sets the guideline value at Rs 250 per sq.ft, which is unchanged from the 2023 revision, where the value was also Rs 250 per sq.ft. The register does not provide figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

From 2023 to 2024, the guideline value experienced no change, reflecting a stable valuation in this period. The previous revisions prior to 2023 do not have any figures available in the register for this street.

Guideline values in Sasithrampakkam

In Sasithrampakkam, there are 12 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 250 to Rs 1,000 per sq.ft. The median value for these streets is Rs 250 per sq.ft, making Subha Mangala Avenue Phase -II's 2024 figure equal to this median.

Stamp duty and registration fee for property in Subha Mangala Avenue Phase -II

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value would amount 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 guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Subha Mangala Avenue Phase -II?

The Chengleput Joint II Sub Registrar Office covers Subha Mangala Avenue Phase -II. The office is 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 Sasithrampakkam

The guideline value plays a crucial role during the registration of property transactions in Sasithrampakkam. It serves as a reference point for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value is assessed to calculate the applicable fees. Buyers should be aware that the final registration cost will depend on the higher value between the guideline value and the sale price of the property.

Frequently asked questions

What is the current guideline value of Subha Mangala Avenue Phase -II?

The current guideline value of Subha Mangala Avenue Phase -II is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There have been no changes in the guideline value for Subha Mangala Avenue Phase -II from 2023 to 2024, remaining at Rs 250 per sq.ft. The register does not provide figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What are the stamp duty and registration fees for properties in this area?

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value would be Rs 2,50,000. The stamp duty would be Rs 17,500, and the registration fee would be Rs 5,000, totaling Rs 22,500.

Which office handles the registration for Subha Mangala Avenue Phase -II?

The Chengleput Joint II Sub Registrar Office handles the registration for Subha Mangala Avenue Phase -II, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

What is the land classification for Subha Mangala Avenue Phase -II?

The land classification for Subha Mangala Avenue Phase -II is Residential Class II Type - I, indicating its suitability for residential development.