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Guideline Value

Corporate

Guideline Value for Sri Mangadu Kamachi Nagar

₹400/sq.ft.

The guideline value for Sri Mangadu Kamachi Nagar in Sriperumbudur A village (Sriperumpudur SRO, Chengalpattu zone) is Rs 400 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Sriperumbudur A

Village

Sriperumpudur

SRO

Residential Class IV 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 N/A
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 Mangadu Kamachi Nagar

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Sri Mangadu Kamachi Nagar guideline value

The current guideline value of Sri Mangadu Kamachi Nagar is Rs 400 per sq.ft, effective from 1 July 2024. This area is located in Sriperumbudur A village, under the Sriperumpudur SRO, and is classified as Residential Class IV Type - I.

How the guideline value of Sri Mangadu Kamachi Nagar has changed

In the 2017 revision, the guideline value was set at Rs 268 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded a guideline value of Rs 400 per sq.ft. The current 2024 revision continues this rate at Rs 400 per sq.ft, reflecting a 49% increase from the 2017 revision to the 2024 revision.

It is important to note that there are no figures available for the revisions in the years 2002, 2003, 2007, and 2012 for Sri Mangadu Kamachi Nagar. The guideline value has remained consistent from 2023 to 2024, showing no percentage change.

Guideline values in Sriperumbudur A

In Sriperumbudur A, there are 238 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 3,000 per sq.ft. The median guideline value for these streets is Rs 700 per sq.ft, placing Sri Mangadu Kamachi Nagar's 2024 figure below that median.

Stamp duty and registration fee for property in Sri Mangadu Kamachi Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value amounts to Rs 4,00,000. The stamp duty, charged at 7%, would be Rs 28,000, while the registration fee at 2% would be Rs 8,000, bringing the total to Rs 36,000. Duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Sri Mangadu Kamachi Nagar?

The Sub Registrar Office that covers Sri Mangadu Kamachi 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 Sriperumbudur A

The guideline value is a crucial factor in property transactions in Sriperumbudur A, as it determines the minimum value at which properties can be registered. When buying or selling property, the guideline value will be used to calculate the applicable stamp duty and registration fees.

It is essential for buyers and sellers to be aware of the guideline value, as it impacts the overall cost of the transaction. Ensuring compliance with the guideline value helps in smooth registration processes at the Sub Registrar Office.

Frequently asked questions

What is the current guideline value of Sri Mangadu Kamachi Nagar?

The current guideline value of Sri Mangadu Kamachi Nagar is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen a 49% increase from Rs 268 per sq.ft in 2017 to Rs 400 per sq.ft in 2024. There were no figures available for the revisions in 2002, 2003, 2007, and 2012.

What is the median guideline value in Sriperumbudur A?

The median guideline value in Sriperumbudur A is Rs 700 per sq.ft. Sri Mangadu Kamachi Nagar's 2024 figure of Rs 400 per sq.ft is below this median.

What are the stamp duty and registration fees for properties in Sri Mangadu Kamachi Nagar?

For a property valued at Rs 4,00,000, the stamp duty would be Rs 28,000, and the registration fee would be Rs 8,000, totaling Rs 36,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Sri Mangadu Kamachi Nagar located?

The Sub Registrar Office for Sri Mangadu Kamachi Nagar is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. This office handles the registration of properties in the area.