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Guideline Value

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Guideline Value for SriKarpaga vinayaga Nagar

₹1000/sq.ft.

The guideline value for Srikarpaga Vinayaga 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

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 Srikarpaga Vinayaga Nagar

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SriKarpaga vinayaga Nagar guideline value

The current guideline value of SriKarpaga vinayaga Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024. This area is located in Sriperumbudur A village and falls under the Sriperumpudur SRO. The land classification for this street is Residential Class II Type - I.

How the guideline value of SriKarpaga vinayaga Nagar has changed

The guideline value for SriKarpaga vinayaga Nagar has seen several revisions over the years. The 2017 revision set the value at Rs 670 per sq.ft, which remained unchanged until the 2023 revision, where it was still Rs 1,000 per sq.ft. In the 2024 revision, the value remains the same 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 the 2017 revision to the 2023 revision, there was a significant increase of 49%. Overall, from 2017 to 2024, the guideline value has increased by 49%, reflecting the same rate of Rs 1,000 per sq.ft in the latest revision.

Guideline values in Sriperumbudur A

In Sriperumbudur A, there are 238 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 3,000 per sq.ft. The median guideline value for these streets is Rs 700 per sq.ft, placing SriKarpaga vinayaga Nagar above this median.

Stamp duty and registration fee for property in SriKarpaga vinayaga 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, bringing the total cost for these fees to Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers SriKarpaga vinayaga Nagar?

The Sub Registrar Office that covers SriKarpaga vinayaga 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 is a crucial factor in the registration process of properties in Sriperumbudur A. It serves as a benchmark for determining the minimum value at which a property can be registered and is used to calculate the applicable stamp duty and registration fees.

When buying or selling property, the guideline value ensures that the transaction is documented at a fair value, which is essential for both the buyer and seller. This helps in maintaining transparency in property transactions and ensures compliance with legal requirements.

Frequently asked questions

What is the current guideline value of SriKarpaga vinayaga Nagar?

The current guideline value of SriKarpaga vinayaga 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 has remained at Rs 1,000 per sq.ft since 2023, showing a 49% increase from Rs 670 per sq.ft in 2017. There are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is charged at 7%, and the registration fee is 2% of the guideline value. For a property valued at Rs 10,00,000, the total fees would amount to Rs 90,000.

Which office handles registrations for SriKarpaga vinayaga Nagar?

The Sriperumpudur Sub Registrar Office handles registrations for SriKarpaga vinayaga Nagar, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

Where can I find more information on the guideline values in Sriperumbudur A?

More information on the guideline values can be found in the Registration Department's guideline value register (TNReginet) or by visiting the Sriperumpudur SRO.