Guideline Value for Sriram Nagar
₹1650/sq.ft.
The guideline value for Sriram Nagar in Kovilancheri village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 1650 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Kovilancheri
Village
Tambaram Joint 1
SRO
Residential Class I Type - III
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1650 /sq.ft. |
| From 1-4-2023 | ₹1500 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹1005 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1500 /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)
No.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[email protected]
DRO (District Registrar Office)
Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]
Records for a plot on Sriram 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
- Tambaram Joint 1 sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
Need Complete Property Verification?
Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place
Sriram Nagar guideline value
The current guideline value of Sriram Nagar, located in Kovilancheri village under the Tambaram Joint 1 SRO, is Rs 1,650 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class I Type - III land classification.
How the guideline value of Sriram Nagar has changed
The guideline value for Sriram Nagar has undergone several revisions over the years. The 2012 revision set the value at Rs 1,500 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 1,005 per sq.ft. The value then increased significantly to Rs 1,500 per sq.ft in the 2023 revision, and further rose to Rs 1,650 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.
From the 2017 revision to the 2023 revision, the guideline value saw a substantial increase of 49%. Overall, from 2012 to 2024, there has been a 10% rise in the guideline value. It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street in the register.
Guideline values in Kovilancheri
Kovilancheri village features a range of guideline values across its 13 streets under the Tambaram Joint 1 SRO. The 2024 guideline values range from Rs 1,100 to Rs 4,130 per sq.ft, with a median value of Rs 1,660 per sq.ft. The guideline value for Sriram Nagar is below this median.
- Sri Rajeswari Avenue: Rs 1,100 per sq.ft (2024)
- Sri Bhavani Ngar: Rs 1,100 per sq.ft (2024)
- Sri Bhavani Nagar Extn: Rs 2,750 per sq.ft (2024)
- Rakeshsharma Nagar: Rs 1,100 per sq.ft (2024)
- Elite Crystal Gate: Rs 2,750 per sq.ft (2024)
- El Castillo: Rs 4,110 per sq.ft (2024)
Stamp duty and registration fee for property in Sriram Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value would be Rs 16,50,000. The stamp duty at 7% would amount to Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total to Rs 1,48,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
For more information, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Sriram Nagar?
The Sriram Nagar area falls under the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more details.
How the guideline value is used when you buy or sell in Kovilancheri
The guideline value is a crucial factor when registering property transactions in Kovilancheri. It serves as a reference point for determining the stamp duty and registration fees applicable to the property, ensuring that these costs are calculated based on the official value set by the registration department.
When buying or selling property, the guideline value helps establish a fair basis for the transaction, ensuring that both parties are aware of the legal and financial implications of the sale. It is essential to consult the guideline value register for accurate information before proceeding with any property dealings.
Frequently asked questions
What is the current guideline value of Sriram Nagar?
The current guideline value of Sriram Nagar is Rs 1,650 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,650 per sq.ft in 2024, with various revisions in between, including a significant increase of 49% from 2017 to 2023.
What are the other streets in Kovilancheri with their guideline values?
Other streets in Kovilancheri include Sri Rajeswari Avenue and Sri Bhavani Ngar, both at Rs 1,100 per sq.ft in 2024, among others with varying rates up to Rs 4,110 per sq.ft.
What is the stamp duty rate for property in Sriram Nagar?
The stamp duty for property in Sriram Nagar is charged at a rate of 7% on the guideline value or the sale price, whichever is higher.
Where can I find the Sub Registrar Office for Sriram Nagar?
The Sub Registrar Office covering Sriram Nagar is the Tambaram Joint 1 SRO, located at No.26, Mes Road, East Tambaram, Chennai-600059.
Ask the records, or walk the map.
LandLens One answers from Tamil Nadu land law itself, cited to the page, then acts on the registers. One Map lights them up on the parcel. Your history stays in one place across both.
YOU APPROVE ANY SPEND
A customer has just used our Building Plan Approval Services
1 hour ago
