Guideline Value for Sundara Moorthy Nagar
₹400/sq.ft.
The guideline value for Sundara Moorthy Nagar in Katrampakkam B 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
Katrampakkam B
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 | 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 Sundara Moorthy 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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Sundara Moorthy Nagar guideline value
The current guideline value of Sundara Moorthy Nagar is Rs 400 per sq.ft, effective from 1 July 2024. This street is located in Katrampakkam B village under the Sriperumpudur SRO, classified as Residential Class I Type - I.
How the guideline value of Sundara Moorthy Nagar has changed
The guideline value for Sundara Moorthy Nagar has seen several revisions over the years. The most recent revision in 2024 maintains the guideline value at Rs 400 per sq.ft, which is the same as the 2023 revision. Prior to that, in 2017, the value was Rs 268 per sq.ft, marking a significant increase of 49% from 2017 to 2023, and an overall increase of 49% from 2017 to 2024.
It is important to note that the register has no figures for the revisions in 2002, 2003, 2007, and 2012 for this street. The consistent value of Rs 400 per sq.ft in both 2023 and 2024 indicates stability in the guideline value for Sundara Moorthy Nagar.
Guideline values in Katrampakkam B
Katrampakkam B has a total of 44 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 800 per sq.ft. The median value for these streets is Rs 275 per sq.ft, placing Sundara Moorthy Nagar's 2024 figure above this median.
- Sundara Anjaneya Nagar: Rs 800 per sq.ft (2024)
- Thiruvalluvar Nagar: Rs 250 per sq.ft (2024)
- Sri Ragavendra Nagar: Rs 250 per sq.ft (2024)
- Sri Mangadu Kamatchi Nagar: Rs 250 per sq.ft (2024)
- Sri Eswara Nagar: Rs 400 per sq.ft (2024)
- Sri Bangaru Kamachi Amman Nagar: Rs 250 per sq.ft (2024)
Stamp duty and registration fee for property in Sundara Moorthy Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value amounts to Rs 4,00,000. The stamp duty, calculated at 7%, would be Rs 28,000, while the registration fee at 2% would be Rs 8,000. Together, the total charges would be Rs 36,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for precise calculations.
Which Sub Registrar Office covers Sundara Moorthy Nagar?
The Sub Registrar Office that covers Sundara Moorthy 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 Katrampakkam B
The guideline value is a crucial factor in the registration process when buying or selling property in Katrampakkam B. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction, ensuring that the government receives the appropriate revenue from property sales.
When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable charges. This process helps maintain transparency and fairness in property transactions within the region.
Frequently asked questions
What is the current guideline value for Sundara Moorthy Nagar?
The current guideline value for Sundara Moorthy 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 remained at Rs 400 per sq.ft from 2023 to 2024, while it increased from Rs 268 per sq.ft in 2017 to Rs 400 per sq.ft in 2023, marking a 49% increase over that period.
What are the guideline values for other streets in Katrampakkam B?
Other streets in Katrampakkam B have varying guideline values, ranging from Rs 150 to Rs 800 per sq.ft. For example, Sundara Anjaneya Nagar has a value of Rs 800 per sq.ft, while several other streets have values of Rs 250 per sq.ft.
What fees are associated with property registration in Sundara Moorthy Nagar?
The fees for property registration include a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher. For example, a 1,000 sq.ft property would incur total charges of Rs 36,000.
Where can I find the Sub Registrar Office for Sundara Moorthy Nagar?
The Sub Registrar Office for Sundara Moorthy Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.
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