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Guideline Value

Corporate

Guideline Value for Sri Kallazhagar city

₹250/sq.ft.

The guideline value for Sri Kallazhagar City 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

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Sri Kallazhagar city guideline value

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

How the guideline value of Sri Kallazhagar city has changed

Over the years, the guideline value for Sri Kallazhagar city has seen several revisions. The 2012 revision set the value at Rs 250 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 167 per sq.ft. This was followed by the 2023 revision, which brought the value back to Rs 250 per sq.ft, and the current 2024 revision also maintains this figure. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, it increased by 50%, and there was no change from 2023 to 2024. Overall, the guideline value has remained the same from 2012 to 2024, standing at Rs 250 per sq.ft.

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, with the median value being Rs 250 per sq.ft. The guideline value for Sri Kallazhagar city is equal to this median.

Stamp duty and registration fee for property in Sri Kallazhagar city

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 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.

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

Which Sub Registrar Office covers Sri Kallazhagar city?

The Sub Registrar Office that covers Sri Kallazhagar city 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 is an important factor in property transactions in Kolathur. It is used to determine the stamp duty and registration fees payable at the time of registration. Buyers and sellers should be aware that the guideline value serves as a benchmark for property transactions in the area.

When registering a property, the higher of the guideline value or the sale price is considered for calculating the applicable duties and fees. This ensures that the government receives the correct revenue based on the property's worth.

Frequently asked questions

What is the current guideline value of Sri Kallazhagar city?

The current guideline value of Sri Kallazhagar city 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 several revisions: it was Rs 250 per sq.ft in 2012, decreased to Rs 167 per sq.ft in 2017, returned to Rs 250 per sq.ft in 2023, and remains at Rs 250 per sq.ft in 2024.

What are the stamp duty and registration fees for properties in Sri Kallazhagar city?

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.

Which Sub Registrar Office covers the area of Sri Kallazhagar city?

The Sriperumpudur Sub Registrar Office covers Sri Kallazhagar city, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

What is the land classification for Sri Kallazhagar city?

Sri Kallazhagar city falls under the Residential Class I Type - I land classification, indicating its suitability for residential purposes.