Guideline Value

Corporate

Guideline Value for SriAlamelu Mangapuram

₹250/sq.ft.

The guideline value for Srialamelu Mangapuram in Koozhangacheri village (Sunguvarchattram SRO, Chengalpattu zone) is Rs 250 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

Koozhangacheri

Village

Sunguvarchattram

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹250 /sq.ft.
From 1-4-2023 ₹250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹167 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹250 /sq.ft.
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)

Vadivamal Nagar Kandigai Road Caparo Company Opp,sunguvarchatram
044_29592196
[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 Srialamelu Mangapuram

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SriAlamelu Mangapuram guideline value

The current guideline value for SriAlamelu Mangapuram is Rs 250 per sq.ft, effective from 1 July 2024. This area is located in Koozhangacheri village and falls under the Sunguvarchattram SRO, classified as Residential Class I Type - I.

How the guideline value of SriAlamelu Mangapuram has changed

Over the years, the guideline value for SriAlamelu Mangapuram has seen several revisions. In 2012, the value was set at Rs 250 per sq.ft. This remained unchanged until the 2017 revision, where it decreased to Rs 167 per sq.ft, marking a 33% drop. However, by 2023, the value returned to Rs 250 per sq.ft, representing a 50% increase from the 2017 figure. The 2024 revision keeps the value stable at Rs 250 per sq.ft, showing no change from the previous year.

The register has no figures for the years 2002, 2003, and 2007 for this street. Therefore, the only available revisions are from 2012, 2017, 2023, and 2024.

Guideline values in Koozhangacheri

Koozhangacheri has a total of 47 streets under the Sunguvarchattram SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 1,200 per sq.ft. The median value for these streets is Rs 226 per sq.ft, placing SriAlamelu Mangapuram's 2024 figure above that median.

Stamp duty and registration fee for property in SriAlamelu Mangapuram

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, bringing the total to Rs 22,500. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers SriAlamelu Mangapuram?

The Sub Registrar Office that covers SriAlamelu Mangapuram is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, 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 Koozhangacheri

The guideline value plays a crucial role in the registration process when buying or selling property in Koozhangacheri. It helps determine the stamp duty and registration fees that need to be paid, ensuring that the transaction is compliant with local regulations.

When a property is sold, the guideline value is used to assess the official value of the property for tax purposes. It is essential to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of SriAlamelu Mangapuram?

The current guideline value of SriAlamelu Mangapuram is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 250 per sq.ft in 2012 and 2023, decreased to Rs 167 per sq.ft in 2017, and returned to Rs 250 per sq.ft in 2024. There are no figures available for the years 2002, 2003, and 2007.

What is the median guideline value in Koozhangacheri?

The median guideline value in Koozhangacheri is Rs 226 per sq.ft for the 2024 revisions of the 47 streets under the Sunguvarchattram SRO.

How is stamp duty calculated in SriAlamelu Mangapuram?

Stamp duty is calculated at 7% of the guideline value or sale price, whichever is higher. For example, for a plot valued at Rs 2,50,000, the stamp duty would be Rs 17,500.

Where can I find the Sub Registrar Office for SriAlamelu Mangapuram?

The Sub Registrar Office for SriAlamelu Mangapuram is located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find more information by visiting the provided link.