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Guideline Value

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Guideline Value for Sri Bangaru Kamachi Amman Nagar

₹250/sq.ft.

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

Last updated:

Chengalpattu

Zone

Katrampakkam

Village

Sriperumpudur

SRO

Residential Class III 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)

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 Sri Bangaru Kamachi Amman Nagar

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Sri Bangaru Kamachi Amman Nagar guideline value

The current guideline value of Sri Bangaru Kamachi Amman Nagar is Rs 250 per sq.ft, effective from 1 July 2024. This area is located in Katrampakkam village under the Sriperumpudur SRO and is classified as Residential Class III Type - I.

How the guideline value of Sri Bangaru Kamachi Amman Nagar has changed

Over the years, the guideline value for Sri Bangaru Kamachi Amman Nagar has seen several revisions. The 2012 revision set the value at Rs 250 per sq.ft, which remained unchanged until the 2023 revision, also at Rs 250 per sq.ft. The 2017 revision saw a decrease to Rs 167 per sq.ft, marking a 33% drop from the previous figure. The most recent 2024 revision has again set the value at Rs 250 per sq.ft, showing no change from the 2023 revision.

In summary, the guideline value has remained stable at Rs 250 per sq.ft from 2012 to 2024, despite a significant increase of 50% from Rs 167 per sq.ft in 2017 to Rs 250 per sq.ft in 2023. For the years 2002, 2003, and 2007, the register has no figure for this street.

Guideline values in Katrampakkam

In Katrampakkam, there are 41 streets under the Sriperumpudur SRO with a 2024 guideline value ranging from Rs 150 to Rs 800 per sq.ft. The median value is Rs 250 per sq.ft, which is equal to the current guideline value of Sri Bangaru Kamachi Amman Nagar.

Stamp duty and registration fee for property in Sri Bangaru Kamachi Amman Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value is 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, making a total of Rs 22,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Sri Bangaru Kamachi Amman Nagar?

The Sub Registrar Office that covers Sri Bangaru Kamachi Amman 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 Katrampakkam

The guideline value is a crucial factor in the registration process when buying or selling property in Katrampakkam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on an official valuation rather than the sale price alone.

When registering a property, buyers and sellers must consider the guideline value to determine the applicable fees. This ensures transparency and standardization in property transactions within the region.

Frequently asked questions

What is the current guideline value of Sri Bangaru Kamachi Amman Nagar?

The current guideline value of Sri Bangaru Kamachi Amman 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 remained at Rs 250 per sq.ft from 2012 to 2024, with a previous drop to Rs 167 per sq.ft in 2017. The value was Rs 250 per sq.ft in 2023, showing no change in the latest revision.

What is the land classification of Sri Bangaru Kamachi Amman Nagar?

Sri Bangaru Kamachi Amman Nagar is classified as Residential Class III Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Sri Bangaru Kamachi Amman Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Sri Bangaru Kamachi Amman Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 2,50,000 would incur a stamp duty of Rs 17,500 at 7%.