Guideline Value

Corporate

Guideline Value for Seenivasa Nagar

₹250/sq.ft.

The guideline value for Seenivasa Nagar in Kolathur village (Sriperumpudur SRO, Chengalpattu zone) is Rs 250 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kolathur

Village

Sriperumpudur

SRO

Residential Class I 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 ₹125 /sq.ft.
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)

27, Chetty Street, Sriperumpudur-602 105
044-27163925
[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 Seenivasa Nagar

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Seenivasa Nagar guideline value

The current guideline value of Seenivasa Nagar is Rs 250 per sq.ft, effective from 1 July 2024. This area is located in Kolathur village and falls under the Sriperumpudur SRO. The land classification for this street is Residential Class I Type - I.

How the guideline value of Seenivasa Nagar has changed

The guideline value for Seenivasa Nagar has seen several revisions over the years. The earliest recorded revision is from 2007, where the value was Rs 125 per sq.ft. This increased to Rs 250 per sq.ft in 2012, marking a 100% rise. However, in 2017, the value decreased to Rs 167 per sq.ft, a reduction of 33%. The 2023 revision maintained the value at Rs 250 per sq.ft, and the current 2024 revision also remains at Rs 250 per sq.ft, showing no change from the previous year.

There are no recorded figures for the years 2002 and 2003 for Seenivasa Nagar. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 100%.

Guideline values in Kolathur

In Kolathur, there are 45 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 1,300 per sq.ft. The median guideline value is Rs 250 per sq.ft, which is the same as the 2024 figure for Seenivasa Nagar.

Stamp duty and registration fee for property in Seenivasa Nagar

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. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Seenivasa Nagar?

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

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

The guideline value is a crucial factor when registering property transactions in Kolathur. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives appropriate revenue from property sales.

When you buy or sell property, the guideline value will be referenced to determine the applicable fees. Buyers should be aware that these fees are calculated based on the higher of the guideline value or the actual sale price, which can impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Seenivasa Nagar?

The current guideline value of Seenivasa Nagar is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 125 per sq.ft in 2007 to Rs 250 per sq.ft in 2012, then decreased to Rs 167 per sq.ft in 2017, and has remained at Rs 250 per sq.ft in both 2023 and 2024.

What are the guideline values of other streets in Kolathur?

Other streets in Kolathur have varying guideline values, with Seelam Nagar, Sathyam Nagar, and Sasthapuri at Rs 200 per sq.ft, Siva Garden at Rs 250 per sq.ft, Sivam Nagar at Rs 200 per sq.ft, and S.M. Nagar at Rs 300 per sq.ft in 2024.

What fees are associated with buying property in Seenivasa Nagar?

When buying property in Seenivasa Nagar, buyers should expect to pay stamp duty at 7% of the guideline value and a registration fee at 2%. For a 1,000 sq.ft plot, these fees would total Rs 22,500.

Where can I find the Sub Registrar Office for Seenivasa Nagar?

The Sub Registrar Office for Seenivasa Nagar is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find more information through the relevant links.