Guideline Value for A.K. GOVINDARAJAN ST
₹750/sq.ft.
The guideline value for A.k. Govindarajan St in Walajabad village (Walajabad SRO, Chengalpattu zone) is Rs 750 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Walajabad
Village
Walajabad
SRO
Residential Class IV Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹750 /sq.ft. |
| From 1-4-2023 | ₹750 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹502 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹750 /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
DRO (District Registrar Office)
No.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]
Records for a plot on A.k. Govindarajan St
- 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
- Walajabad sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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A.K. Govindarajan St guideline value
The current guideline value of A.K. Govindarajan St is Rs 750 per sq.ft, effective from 1 July 2024. This street is located in Walajabad village and falls under the Walajabad SRO. The land classification for this area is Residential Class IV Type - I.
How the guideline value of A.K. Govindarajan St has changed
The guideline value for A.K. Govindarajan St has seen several revisions over the years. In 2012, the guideline value was Rs 750 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 502 per sq.ft. Following this, the value increased significantly to Rs 750 per sq.ft in the 2023 revision, maintaining that rate in the 2024 revision, indicating a 49% increase from 2017 to 2023.
Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has remained constant at Rs 750 per sq.ft, showing no overall change despite fluctuations in the intervening years.
Guideline values in Walajabad
In Walajabad, there are 196 streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 2,000 per sq.ft. The median value for these streets is Rs 750 per sq.ft, which is equal to the current guideline value of A.K. Govindarajan St.
- Allikuttai St: Rs 750 per sq.ft (2024)
- Abirami Nagar: Rs 750 per sq.ft (2024)
- Aasiiryar Nagar Extension -I: Rs 1,500 per sq.ft (2024)
- Ambhethkar St: Rs 750 per sq.ft (2024)
- Amirtham Rail Nagar: Rs 700 per sq.ft (2024)
- Anna Nagar: Rs 1,200 per sq.ft (2024)
Stamp duty and registration fee for property in A.K. Govindarajan St
For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value amounts to Rs 7,50,000. The stamp duty at 7% would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, bringing the total cost for stamp duty and registration fees to Rs 67,500. 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 more detailed calculations.
Which Sub Registrar Office covers A.K. Govindarajan St?
The Sub Registrar Office that covers A.K. Govindarajan St is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Walajabad
The guideline value plays a crucial role in property transactions in Walajabad. It is used to calculate the stamp duty and registration fees that are payable at the time of registering a property. Buyers and sellers must consider this value to ensure compliance with local regulations and to understand the financial implications of the transaction.
When a property is sold, the guideline value is often referenced to determine the minimum value for taxation purposes. This helps in maintaining transparency and standardization in property transactions within the region.
Frequently asked questions
What is the current guideline value of A.K. Govindarajan St?
The current guideline value of A.K. Govindarajan St is Rs 750 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has remained at Rs 750 per sq.ft in 2012, 2023, and 2024, while it decreased to Rs 502 per sq.ft in 2017. There are no figures available for the years 2002, 2003, and 2007.
What is the land classification for A.K. Govindarajan St?
A.K. Govindarajan St is classified as Residential Class IV Type - I.
What are the stamp duty and registration fees for properties in this area?
For a property valued at Rs 7,50,000, the stamp duty would be Rs 52,500 and the registration fee would be Rs 15,000, totaling Rs 67,500.
Where can I find the Sub Registrar Office for A.K. Govindarajan St?
The Sub Registrar Office for A.K. Govindarajan St is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.
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