Guideline Value for Sri Selvalakshmi Nagar
₹1000/sq.ft.
The guideline value for Sri Selvalakshmi Nagar in Sriperumbudur A village (Sriperumpudur SRO, Chengalpattu zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Sriperumbudur A
Village
Sriperumpudur
SRO
Residential Class II Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1000 /sq.ft. |
| From 1-4-2023 | ₹1000 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹670 /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
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Sri Selvalakshmi Nagar
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Sriperumpudur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Sri Selvalakshmi Nagar guideline value
The current guideline value of Sri Selvalakshmi Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024. This street is located in Sriperumbudur A village, under the Sriperumpudur SRO, and is classified as Residential Class II Type - I.
How the guideline value of Sri Selvalakshmi Nagar has changed
In the 2017 revision, the guideline value for Sri Selvalakshmi Nagar was Rs 670 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded Rs 1,000 per sq.ft. The most recent 2024 revision has also set the guideline value at Rs 1,000 per sq.ft, indicating no change from the previous year. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.
From 2017 to 2023, the guideline value saw a significant increase of 49%. Overall, from 2017 to 2024, the guideline value has increased by 49%, maintaining the same rate of Rs 1,000 per sq.ft in both the 2023 and 2024 revisions.
Guideline values in Sriperumbudur A
In Sriperumbudur A, there are 238 streets under the Sriperumpudur SRO that have a 2024 guideline value ranging from Rs 400 to Rs 3,000 per sq.ft. The median value for these streets is Rs 700 per sq.ft, making the guideline value of Sri Selvalakshmi Nagar above this median.
- Sri Thanthondri Amman Nagar: Rs 1,000 per sq.ft (2024)
- Sri Vinayaga nagar Part I,II,III: Rs 700 per sq.ft (2024)
- Sri Vinayaka Nagar Ph.-IV: Rs 700 per sq.ft (2024)
- Sriram Nagar: Rs 1,000 per sq.ft (2024)
- Sri Ramanujar Royal City: Rs 700 per sq.ft (2024)
- Sri Rajivgandhi Nagar: Rs 700 per sq.ft (2024)
Stamp duty and registration fee for property in Sri Selvalakshmi Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, together totaling Rs 90,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Sri Selvalakshmi Nagar?
The Sub Registrar Office that covers Sri Selvalakshmi 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 plays a crucial role in the registration process of property transactions in Sriperumbudur A. It is used to determine the stamp duty and registration fees that buyers must pay when acquiring property in the area.
When buying or selling property, the guideline value is compared to the sale price. The higher of the two values is used to calculate the applicable stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.
Frequently asked questions
What is the current guideline value of Sri Selvalakshmi Nagar?
The current guideline value of Sri Selvalakshmi Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value for Sri Selvalakshmi Nagar has increased from Rs 670 per sq.ft in 2017 to Rs 1,000 per sq.ft in both 2023 and 2024, representing a 49% increase overall from 2017 to 2024.
What is the median guideline value in Sriperumbudur A?
The median guideline value for the 238 streets in Sriperumbudur A is Rs 700 per sq.ft, with Sri Selvalakshmi Nagar's 2024 figure being above this median.
What are the stamp duty rates for property transactions?
The stamp duty for property transactions is 7% of the guideline value or sale price, whichever is higher. Additionally, a registration fee of 2% is applicable.
Where can I find the Sub Registrar Office for Sri Selvalakshmi Nagar?
The Sub Registrar Office for Sri Selvalakshmi Nagar is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.
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