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Guideline Value

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Guideline Value for Sri Gayathiri Doctor's Nest

₹400/sq.ft.

The guideline value for Sri Gayathiri Doctor's Nest in Somangalam village (Sriperumpudur SRO, Chengalpattu zone) is Rs 400 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Somangalam

Village

Sriperumpudur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹400 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹400 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹75 /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 Sri Gayathiri Doctor's Nest

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Sri Gayathiri Doctor's Nest guideline value

The current guideline value of Sri Gayathiri Doctor's Nest is Rs 400 per sq.ft, effective from 1 July 2024. This property is located in Somangalam village, under the Sriperumpudur SRO, and is classified as Residential Special Type - I.

How the guideline value of Sri Gayathiri Doctor's Nest has changed

The guideline value for Sri Gayathiri Doctor's Nest has seen several revisions over the years. In 2007, the guideline value was Rs 75 per sq.ft, which increased significantly to Rs 400 per sq.ft in 2012. However, it dropped to Rs 268 per sq.ft in 2017, before returning to Rs 400 per sq.ft in both 2023 and the upcoming 2024 revision.

From the 2017 revision to the 2023 revision, there was a notable increase of 49%. The guideline value remained unchanged from 2023 to 2024, reflecting a 0% change. Overall, from 2007 to 2024, the guideline value has increased by 433%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Somangalam

In Somangalam, there are 86 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 150 to Rs 800 per sq.ft. The median guideline value for the village is Rs 350 per sq.ft, placing Sri Gayathiri Doctor's Nest's 2024 figure above this median.

Stamp duty and registration fee for property in Sri Gayathiri Doctor's Nest

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, leading to a total of Rs 36,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Gayathiri Doctor's Nest?

The Sub Registrar Office that covers Sri Gayathiri Doctor's Nest 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 Somangalam

The guideline value is a crucial factor when registering property transactions in Somangalam. It serves as the basis for calculating stamp duty and registration fees, ensuring that all transactions are processed fairly and transparently.

When you buy or sell property, the guideline value helps determine the official value of the property for registration purposes. This value is essential for both buyers and sellers to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Sri Gayathiri Doctor's Nest?

The current guideline value of Sri Gayathiri Doctor's Nest is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 75 per sq.ft in 2007 to Rs 400 per sq.ft in 2012, then decreased to Rs 268 per sq.ft in 2017, and has remained at Rs 400 per sq.ft in both 2023 and 2024.

What are the other streets in Somangalam with their guideline values?

Other streets in Somangalam include Sri Gayathri Doctors Nest Ph.II at Rs 500 per sq.ft, Sri Ganapathi Nagar at Rs 200 per sq.ft, and Sri City at Rs 350 per sq.ft, among others.

Where is the Sub Registrar Office for Sri Gayathiri Doctor's Nest located?

The Sub Registrar Office for Sri Gayathiri Doctor's Nest is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

How is stamp duty calculated for properties in Sri Gayathiri Doctor's Nest?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, at the current guideline value, the stamp duty would be 7% of the total guideline value.