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Guideline Value

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Guideline Value for sri karpaga vinayaga nagar part-1

₹1000/sq.ft.

The guideline value for Sri Karpaga Vinayaga Nagar Part-1 in Nemili_b village (Sriperumpudur SRO, Chengalpattu zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Mixed Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Nemili_b

Village

Sriperumpudur

SRO

Mixed 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 Sri Karpaga Vinayaga Nagar Part-1

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Sri Karpaga Vinayaga Nagar Part-1 guideline value

The current guideline value of Sri Karpaga Vinayaga Nagar Part-1 is Rs 1,000 per sq.ft, effective from 1 July 2024. This property is located in Nemili_B village under the Sriperumpudur SRO, classified as Mixed Type - I land.

How the guideline value of Sri Karpaga Vinayaga Nagar Part-1 has changed

The guideline value for Sri Karpaga Vinayaga Nagar Part-1 has seen several revisions over the years. The 2017 revision set the value at Rs 670 per sq.ft, which remained unchanged at Rs 1,000 per sq.ft in the 2023 revision. The 2024 revision also maintains this value at Rs 1,000 per sq.ft, resulting in a 49% increase from the 2017 figure.

There are no figures available for the years 2002, 2003, 2007, and 2012 for this street. The guideline value has remained stable from 2023 to 2024, showing a change of +0% during this period.

Guideline values in Nemili_B

In Nemili_B village, there are 97 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 150 to Rs 1,500 per sq.ft, with a median value of Rs 250 per sq.ft. The guideline value for Sri Karpaga Vinayaga Nagar Part-1 is above this median.

Stamp duty and registration fee for property in Sri Karpaga Vinayaga Nagar Part-1

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total to Rs 90,000. 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 Sri Karpaga Vinayaga Nagar Part-1?

The Sri Karpaga Vinayaga Nagar Part-1 property 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 Nemili_B

The guideline value is a crucial factor during the registration process of property transactions in Nemili_B. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property, ensuring that buyers and sellers comply with the legal requirements.

When buying or selling property, the guideline value helps in assessing the official value of the property, which is necessary for registration at the local sub registrar office. This ensures transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Sri Karpaga Vinayaga Nagar Part-1?

The current guideline value of Sri Karpaga Vinayaga Nagar Part-1 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 increased from Rs 670 per sq.ft in 2017 to Rs 1,000 per sq.ft in both 2023 and 2024, representing a 49% increase overall.

What are the guideline values of other streets in Nemili_B?

Other streets in Nemili_B have varying guideline values, with rates ranging from Rs 200 to Rs 300 per sq.ft in 2024. For example, Sri Kamatchi Nagar is at Rs 200 per sq.ft, while Sri Kumaran Nagar is at Rs 300 per sq.ft.

What fees are involved when registering property in Sri Karpaga Vinayaga Nagar Part-1?

When registering property in Sri Karpaga Vinayaga Nagar Part-1, the stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, these fees would total Rs 90,000.

Where can I find the Sub Registrar Office for Sri Karpaga Vinayaga Nagar Part-1?

The Sub Registrar Office for Sri Karpaga Vinayaga Nagar Part-1 is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.