Guideline Value for Vikramarajasingapuram Part - II
₹300/sq.ft.
The guideline value for Vikramarajasingapuram Part - Ii in Eraiyur village (Sriperumpudur SRO, Chengalpattu zone) is Rs 300 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
Eraiyur
Village
Sriperumpudur
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹300 /sq.ft. |
| From 1-4-2023 | ₹300 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹201 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹300 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹100 /sq.ft. |
| 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 Vikramarajasingapuram Part - Ii
- 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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Vikramarajasingapuram Part - II guideline value
The current guideline value of Vikramarajasingapuram Part - II is Rs 300 per sq.ft, effective from 1 July 2024. This area is located in Eraiyur village under the Sriperumpudur SRO, classified as Residential Class I Type - I.
How the guideline value of Vikramarajasingapuram Part - II has changed
Over the years, the guideline value for Vikramarajasingapuram Part - II has undergone several revisions. The 2007 revision recorded a value of Rs 100 per sq.ft, which increased significantly to Rs 300 per sq.ft in 2012. However, the 2017 revision saw a decrease to Rs 201 per sq.ft, before rising again to Rs 300 per sq.ft in both the 2023 and 2024 revisions, reflecting no change from the previous year.
In summary, the guideline value increased by 200% from Rs 100 in 2007 to Rs 300 in 2024. The increase from 2017 to 2023 was 49%, while the value decreased by 33% from 2012 to 2017. The register has no figures for the years 2002 and 2003 for this street.
Guideline values in Eraiyur
In Eraiyur, there are 35 streets under the Sriperumpudur SRO with a 2024 guideline value ranging from Rs 100 to Rs 471 per sq.ft, with a median value of Rs 200 per sq.ft. The guideline value for Vikramarajasingapuram Part - II is above this median.
- Vikramarajasingapuram: Rs 300 per sq.ft (2024)
- Vettaikarapalayam: Rs 200 per sq.ft (2024)
- Vasanthapuram: Rs 200 per sq.ft (2024)
- Vallikattamman Koil Street: Rs 200 per sq.ft (2024)
- Thideer Nagar: Rs 200 per sq.ft (2024)
- Theru veedhiyamman Koil Street: Rs 200 per sq.ft (2024)
Stamp duty and registration fee for property in Vikramarajasingapuram Part - II
For a 1,000 sq.ft plot at the current rate of Rs 300 per sq.ft, the guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, totaling Rs 27,000. It is important to note that the 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 Vikramarajasingapuram Part - II?
The Vikramarajasingapuram Part - II area falls under the jurisdiction of 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 Eraiyur
The guideline value is a crucial factor in property transactions in Eraiyur. It determines the minimum value at which properties can be registered, impacting the stamp duty and registration fees applicable during the sale or purchase of property.
When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, preventing undervaluation. This helps maintain transparency in property dealings within the region.
Frequently asked questions
What is the current guideline value of Vikramarajasingapuram Part - II?
The current guideline value of Vikramarajasingapuram Part - II is Rs 300 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has seen various changes, starting from Rs 100 per sq.ft in 2007, increasing to Rs 300 in 2012, then decreasing to Rs 201 in 2017, and finally returning to Rs 300 in both 2023 and 2024.
What are the stamp duty and registration fees for this property?
For a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000 and the registration fee would be Rs 6,000, totaling Rs 27,000.
Which office handles property registrations in this area?
The Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone, handles property registrations for Vikramarajasingapuram Part - II.
What is the land classification of Vikramarajasingapuram Part - II?
The land classification for Vikramarajasingapuram Part - II is Residential Class I Type - I, indicating its suitability for residential purposes.
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