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Guideline Value

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Guideline Value for Sri Sai Nagar (Mohamed Nagar)

₹400/sq.ft.

The guideline value for Sri Sai Nagar (mohamed Nagar) in Sirukalathur village (Sriperumpudur SRO, Chengalpattu zone) is Rs 400 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

Sirukalathur

Village

Sriperumpudur

SRO

Residential Class I 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 ₹400 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹70 /sq.ft.
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 Sai Nagar (mohamed Nagar)

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Sri Sai Nagar (Mohamed Nagar) guideline value

The current guideline value for Sri Sai Nagar (Mohamed Nagar) in Sirukalathur village is Rs 400 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Class I Type - I, and it falls under the Sriperumpudur SRO.

How the guideline value of Sri Sai Nagar (Mohamed Nagar) has changed

Over the years, the guideline value for Sri Sai Nagar (Mohamed Nagar) has seen several revisions. The 2007 revision recorded a guideline value of Rs 70 per sq.ft, which increased significantly to Rs 400 per sq.ft in the 2012 revision. However, the 2017 revision saw a decrease to Rs 268 per sq.ft. The guideline value remained steady at Rs 400 per sq.ft in both the 2023 and 2024 revisions, reflecting no change between these two years.

From 2017 to 2023, the guideline value increased by 49%. The overall change from the 2007 revision to the 2024 revision shows a substantial increase of 471%. It is important to note that there are no figures available for the years 2002 and 2003 in the register for this street.

Guideline values in Sirukalathur

In Sirukalathur, five streets under the Sriperumpudur SRO have a guideline value for 2024 that ranges from Rs 300 to Rs 1,900 per sq.ft, with a median value of Rs 750 per sq.ft. The guideline value for Sri Sai Nagar (Mohamed Nagar) is below this median.

Stamp duty and registration fee for property in Sri Sai Nagar (Mohamed Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, while the registration fee at 2% would be Rs 8,000, bringing the total cost for stamp duty and registration fees to Rs 36,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Sai Nagar (Mohamed Nagar)?

The Sub Registrar Office covering Sri Sai Nagar (Mohamed Nagar) is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during the registration of property transactions in Sirukalathur. It serves as a benchmark for determining the stamp duty and registration fees that are applicable when a property is bought or sold.

When you register a property, the guideline value is compared with the sale price, and the higher of the two is used to calculate the stamp duty. This ensures that the government receives the appropriate revenue from property transactions based on the established guideline values.

Frequently asked questions

What is the current guideline value for Sri Sai Nagar (Mohamed Nagar)?

The current guideline value for Sri Sai Nagar (Mohamed 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 changed from Rs 70 per sq.ft in 2007 to Rs 400 per sq.ft in 2012, decreased to Rs 268 per sq.ft in 2017, and remained at Rs 400 per sq.ft in both 2023 and 2024.

What are the other streets in Sirukalathur with guideline values?

Other streets in Sirukalathur include S & P Fortune at Rs 1,500 per sq.ft, Vasantham Nagar at Rs 750 per sq.ft, VGP Vinoth Town Part -I at Rs 300 per sq.ft, and Vista Marbella at Rs 1,900 per sq.ft for 2024.

What fees are associated with buying property in Sri Sai Nagar (Mohamed Nagar)?

The fees associated with buying property include stamp duty at 7% and a registration fee at 2% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Sri Sai Nagar (Mohamed Nagar)?

The Sub Registrar Office for Sri Sai Nagar (Mohamed Nagar) is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.