Guideline Value for Samayapurathamman Nagar

Samayapurathamman Nagar guideline value

The current guideline value of Samayapurathamman Nagar is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in Vallam_B village under the Sriperumpudur SRO, classified as Residential Class III Type - I.

How the guideline value of Samayapurathamman Nagar has changed

Over the years, the guideline value for Samayapurathamman Nagar has seen several revisions. The most recent figures show that from the 2017 revision, which was Rs 134 per sq.ft, the value increased to Rs 200 per sq.ft in both the 2023 and 2024 revisions, marking a significant increase of 49% over this period. It is noteworthy that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

From 2023 to 2024, the guideline value remained unchanged at Rs 200 per sq.ft, indicating a 0% change. Overall, from 2017 to 2024, the increase has been 49%, reflecting the current valuation set for the area.

Guideline values in Vallam_B

In Vallam_B, there are 73 streets under the Sriperumpudur SRO that have a 2024 guideline value ranging from Rs 150 to Rs 1,950 per sq.ft, with a median value of Rs 400 per sq.ft. The guideline value for Samayapurathamman Nagar is below this median.

• Sannathi Street: Rs 600 per sq.ft (2024)
• Santhaiyamman Koil Street: Rs 400 per sq.ft (2024)
• Santhiyamman Koil 2nd Street: Rs 400 per sq.ft (2024)
• Saravanapuri Nagar: Rs 150 per sq.ft (2024)
• Roja Nagar: Rs 400 per sq.ft (2024)
• Rayappar Street: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Samayapurathamman Nagar

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Samayapurathamman Nagar?

The Sub Registrar Office that covers Samayapurathamman Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for additional assistance.

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

The guideline value plays a crucial role during the registration process of property transactions in Vallam_B. It is used to determine the stamp duty and registration fees applicable to the property, ensuring that both the buyer and seller are aware of the financial obligations involved.

When buying or selling a property, the guideline value is referenced to calculate the necessary fees, which are mandatory for the legal transfer of ownership. Buyers should be informed about these values to avoid any surprises during the registration process.

Frequently asked questions

What is the current guideline value of Samayapurathamman Nagar?

The current guideline value of Samayapurathamman Nagar is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 134 per sq.ft in 2017 to Rs 200 per sq.ft in both the 2023 and 2024 revisions, marking a 49% increase overall from 2017 to 2024.

What are the guideline values for other streets in Vallam_B?

Other streets in Vallam_B have varying guideline values, ranging from Rs 150 to Rs 1,950 per sq.ft, with the median value being Rs 400 per sq.ft.

What is the stamp duty for property in Samayapurathamman Nagar?

The stamp duty for a property valued at Rs 2,00,000 in Samayapurathamman Nagar would be Rs 14,000, calculated at 7% of the guideline value.

Where is the Sub Registrar Office for Samayapurathamman Nagar located?

The Sub Registrar Office for Samayapurathamman Nagar is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.