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Guideline Value

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Guideline Value for Sri Kallazhagar City PH.I Extension

₹250/sq.ft.

The guideline value for Sri Kallazhagar City Ph.i Extension 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 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 Kallazhagar City Ph.i Extension

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Sri Kallazhagar City PH.I Extension guideline value

The current guideline value of Sri Kallazhagar City PH.I Extension is Rs 250 per sq.ft, effective from 1 July 2024. This property is located in Kolathur village, under the Sriperumpudur SRO, and falls under the Residential Class I Type - I land classification.

How the guideline value of Sri Kallazhagar City PH.I Extension has changed

The guideline value for Sri Kallazhagar City PH.I Extension has seen several revisions over the years. In 2012, the guideline value was set at Rs 250 per sq.ft. This remained unchanged until the 2017 revision, where it decreased to Rs 167 per sq.ft. However, by the 2023 revision, the value returned to Rs 250 per sq.ft, where it has remained through the 2024 revision, showing no change from the previous year.

From 2017 to 2023, there was a significant increase of 50%. The overall change from 2012 to 2024 shows no increase, as the value has fluctuated but returned to the same figure of Rs 250 per sq.ft. The revisions for the years 2002, 2003, and 2007 do not have any figures listed for this street.

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 value for these streets is Rs 250 per sq.ft, which is the same as the guideline value for Sri Kallazhagar City PH.I Extension.

Stamp duty and registration fee for property in Sri Kallazhagar City PH.I Extension

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the 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, totaling Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Kallazhagar City PH.I Extension?

The Sub Registrar Office that covers Sri Kallazhagar City PH.I Extension is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Kolathur. It is used to calculate the stamp duty and registration fees that must be paid during the registration process. Buyers and sellers must be aware of the guideline value to ensure they comply with the legal requirements for property transactions.

When a property is sold, the guideline value serves as a benchmark for determining the minimum value on which stamp duty is calculated. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Sri Kallazhagar City PH.I Extension?

The current guideline value for Sri Kallazhagar City PH.I Extension is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen fluctuations, with a decrease in 2017 to Rs 167 per sq.ft, but it returned to Rs 250 per sq.ft in 2023 and has remained the same in 2024.

What is the median guideline value for streets in Kolathur?

The median guideline value for the 45 streets in Kolathur under the Sriperumpudur SRO is Rs 250 per sq.ft, which is the same as the guideline value for Sri Kallazhagar City PH.I Extension.

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

For a property valued at 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.

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

The Sub Registrar Office for Sri Kallazhagar City PH.I Extension is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.