Guideline Value

Corporate

Guideline Value for Sri Ram Nagar

₹402/sq.ft.

The guideline value for Sri Ram Nagar in P.v.kalathur A village (Chengleput Joint I SRO, Chengalpattu zone) is Rs 402 per sq.ft, effective 1 July 2024. It was Rs 400 per sq.ft from 1 April 2023, a 1% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

P.v.kalathur A

Village

Chengleput Joint I

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹402 /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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27423054
[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 Ram Nagar

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Sri Ram Nagar guideline value

The current guideline value of Sri Ram Nagar is Rs 402 per sq.ft, effective from 1 July 2024. This street is located in P.V.Kalathur A village under the Chengleput Joint I SRO and is classified as Residential Class I Type - I.

How the guideline value of Sri Ram Nagar has changed

The guideline value of Sri Ram Nagar has seen several revisions over the years. In 2017, the guideline value was Rs 268 per sq.ft. This figure increased to Rs 400 per sq.ft in 2023, marking a significant rise of 49%. The latest revision in 2024 has set the guideline value at Rs 402 per sq.ft, reflecting a 1% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 50%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in P.V.Kalathur A

In P.V.Kalathur A, there are 21 streets under the Chengleput Joint I SRO that have a 2024 guideline value ranging from Rs 250 to Rs 450 per sq.ft. The median guideline value for these streets is Rs 402 per sq.ft, which is also the current guideline value for Sri Ram Nagar.

Stamp duty and registration fee for property in Sri Ram Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 402 per sq.ft, the total guideline value amounts to Rs 4,02,000. The stamp duty at 7% would be Rs 28,140, and the registration fee at 2% would be Rs 8,040, making the total fee Rs 36,180. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Sri Ram Nagar?

Sri Ram Nagar falls under the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in P.V.Kalathur A

The guideline value is a crucial factor when buying or selling property in P.V.Kalathur A. It determines the minimum price at which a property can be registered, ensuring that the transaction is transparent and fair.

When registering a property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs that must be paid during the transaction process.

Frequently asked questions

What is the current guideline value of Sri Ram Nagar?

The current guideline value of Sri Ram Nagar is Rs 402 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 268 per sq.ft in 2017 to Rs 402 per sq.ft in 2024, marking a total increase of 50% over this period.

What are the other streets in P.V.Kalathur A?

Other streets in P.V.Kalathur A include Srinivasan Nagar, Sri Lakshmi Nagar, Sri Venkata Nagar, Saraswathi Nagar, Sai City, and Ramana Nagar, with guideline values ranging from Rs 250 to Rs 450 per sq.ft.

Where is the Chengleput Joint I Sub Registrar Office located?

The Chengleput Joint I Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.

How is stamp duty calculated based on guideline value?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a plot valued at Rs 4,02,000, the stamp duty at 7% would be Rs 28,140.