Guideline Value

Corporate

Guideline Value for T.M.Garden

₹530/sq.ft.

The guideline value for T.m.garden in Sethupattu village (Sriperumpudur SRO, Chengalpattu zone) is Rs 530 per sq.ft, effective 1 July 2024. It was Rs 250 per sq.ft from 1 April 2023, a 112% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Sethupattu

Village

Sriperumpudur

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹530 /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)

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 T.m.garden

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T.M.Garden guideline value

The current guideline value of T.M.Garden in Sethupattu village is Rs 530 per sq.ft, effective from 1 July 2024. This property falls under the Sriperumpudur Sub Registrar Office and is classified as Residential Class I Type - III.

How the guideline value of T.M.Garden has changed

The guideline value for T.M.Garden has seen several revisions over the years. In 2012, the value was Rs 250 per sq.ft, which then decreased to Rs 167 per sq.ft in 2017. However, from 2017 to 2023, the value increased by 50%, reaching Rs 250 per sq.ft. The most recent revision in 2024 has seen a significant rise to Rs 530 per sq.ft, marking an increase of 112% from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 112%.

Guideline values in Sethupattu

Sethupattu village has a total of 23 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 150 to Rs 1,500 per sq.ft. The median value for these streets is Rs 300 per sq.ft, placing T.M.Garden's 2024 figure above this median.

Stamp duty and registration fee for property in T.M.Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 530 per sq.ft, the total guideline value amounts to Rs 5,30,000. The stamp duty at 7% would be Rs 37,100, and the registration fee at 2% would be Rs 10,600, bringing the total cost for these fees to Rs 47,700. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers T.M.Garden?

The T.M.Garden property falls under 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 Sethupattu

The guideline value plays a crucial role in the registration process of property transactions in Sethupattu. It is used to determine the stamp duty and registration fees that are applicable when buying or selling a property.

When a property is registered, the stamp duty is calculated based on the higher value between the guideline value and the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of T.M.Garden?

The current guideline value of T.M.Garden is Rs 530 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 250 per sq.ft in 2012 to Rs 167 per sq.ft in 2017, then increased to Rs 250 per sq.ft in 2023, and finally to Rs 530 per sq.ft in 2024.

What are the other streets in Sethupattu and their guideline values?

Other streets in Sethupattu include T.M.Avenue at Rs 250 per sq.ft, Tambaram Sriperumpudur Road at Rs 1,400 per sq.ft, Sri Hayagreevar Nagar at Rs 150 per sq.ft, Sathya Nagar at Rs 450 per sq.ft, Sabari Nagar at Rs 300 per sq.ft, and P.S.Nagar Ph.II at Rs 250 per sq.ft.

Where is the Sriperumpudur Sub Registrar Office located?

The Sriperumpudur Sub Registrar Office is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

How is the stamp duty calculated for properties in T.M.Garden?

Stamp duty for properties in T.M.Garden is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, there is a registration fee of 2% based on the same criteria.