Guideline Value for Sri PRAGALATH NAGAR

Sri PRAGALATH NAGAR guideline value

The current guideline value of Sri PRAGALATH NAGAR is Rs 1,493 per sq.ft, effective from 1 July 2024. This area is located in Kalvai village, under the Thiruporur SRO, and is classified as Residential Special Type - III.

How the guideline value of Sri PRAGALATH NAGAR has changed

The guideline value for Sri PRAGALATH NAGAR has remained consistent at Rs 1,493 per sq.ft for the revisions in 2023 and 2024. The register has no figures for the revisions in 2017, 2012, 2007, 2003, and 2002.

Specifically, there was no change in the guideline value from 2023 to 2024, as it remained at Rs 1,493 per sq.ft. The previous revisions do not provide any figures for this street, indicating a stable valuation in recent years.

Guideline values in Kalvai

In Kalvai village, there are 31 streets under the Thiruporur SRO that carry a 2024 guideline value, ranging from Rs 400 to Rs 3,000 per sq.ft. The median value for these streets is Rs 1,000 per sq.ft, placing Sri PRAGALATH NAGAR above that median.

• Sri Sai Baba Nagar: Rs 600 per sq.ft (2024)
• Sri Sainathapuram: Rs 1,000 per sq.ft (2024)
• Sri Krishna Nagar: Rs 1,000 per sq.ft (2024)
• Sri Sathiya Sai Nagar: Rs 400 per sq.ft (2024)
• Sri Hari Nagar: Rs 701 per sq.ft (2024)
• Sri Ganesh Nagar: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Sri PRAGALATH NAGAR

For a 1,000 sq.ft plot at the current guideline value of Rs 1,493 per sq.ft, the total guideline value amounts to Rs 14,93,000. The stamp duty at 7% would be Rs 1,04,510, while the registration fee at 2% would be Rs 29,860, bringing the total charges to Rs 1,34,370. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri PRAGALATH NAGAR?

The Sub Registrar Office that covers Sri PRAGALATH NAGAR is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Kalvai. It serves as a benchmark for determining the minimum value on which stamp duty and registration fees are calculated.

When buying or selling property, the guideline value ensures that all transactions are recorded at a fair value, as it reflects the official valuation set by the government. This helps maintain transparency and consistency in property dealings.

Frequently asked questions

What is the current guideline value of Sri PRAGALATH NAGAR?

The current guideline value of Sri PRAGALATH NAGAR is Rs 1,493 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sri PRAGALATH NAGAR has remained at Rs 1,493 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002.

What are the guideline values of other streets in Kalvai?

Other streets in Kalvai have varying guideline values ranging from Rs 400 to Rs 3,000 per sq.ft. The median value for these streets is Rs 1,000 per sq.ft.

What are the stamp duty and registration fees for property in Sri PRAGALATH NAGAR?

For a property valued at Rs 14,93,000, the stamp duty would be Rs 1,04,510, and the registration fee would be Rs 29,860, totaling Rs 1,34,370. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles property registrations for Sri PRAGALATH NAGAR?

The Thiruporur Sub Registrar Office handles property registrations for Sri PRAGALATH NAGAR. It is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.