Guideline Value

Corporate

Guideline Value for A.P.PLOTS 6th STREET

₹7700/sq.ft.

The guideline value for A.p.plots 6th Street in Padi village (Villivakkam SRO, Chennai zone) is Rs 7700 per sq.ft, effective 1 July 2024. It was Rs 7000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Padi

Village

Villivakkam

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹7700 /sq.ft.
From 1-4-2023 ₹7000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4690 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹7000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1650 /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

SRO (Sub Registrar Office)

Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 ( Near By Nolambur Eb Office )
044-29561092
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on A.p.plots 6th Street

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A.P.PLOTS 6th STREET guideline value

The current guideline value of A.P.PLOTS 6th STREET in Padi village, under the Villivakkam SRO, is Rs 7,700 per sq.ft, effective from 1 July 2024. This street falls under the Residential Class II Type - I land classification.

How the guideline value of A.P.PLOTS 6th STREET has changed

The guideline value for A.P.PLOTS 6th STREET has undergone several revisions over the years. The earliest recorded revision was in 2007, with a value of Rs 1,650 per sq.ft. This increased significantly to Rs 7,000 per sq.ft in 2012, marking a substantial rise of 324%. However, in 2017, the value decreased to Rs 4,690 per sq.ft, reflecting a drop of 33%. The value then rose again to Rs 7,000 per sq.ft in 2023, and the most recent revision in 2024 set the value at Rs 7,700 per sq.ft, an increase of 10% from the previous year.

There are no recorded figures for A.P.PLOTS 6th STREET in the revisions of 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 367%.

Guideline values in Padi

In Padi village, there are 354 streets under the Villivakkam SRO that carry a 2024 guideline value, ranging from Rs 2,200 to Rs 13,200 per sq.ft, with a median value of Rs 3,800 per sq.ft. The guideline value of A.P.PLOTS 6th STREET is above this median.

Stamp duty and registration fee for property in A.P.PLOTS 6th STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 7,700 per sq.ft, the total guideline value would be Rs 77,00,000. The stamp duty at 7% would amount to Rs 5,39,000, and the registration fee at 2% would be Rs 1,54,000, bringing the total fees to Rs 6,93,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers A.P.PLOTS 6th STREET?

The Sub Registrar Office that covers A.P.PLOTS 6th STREET is the Villivakkam Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 (Near By Nolambur Eb Office). You can find your SRO for more information.

How the guideline value is used when you buy or sell in Padi

The guideline value serves as a benchmark for property transactions in Padi. When buying or selling property, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that these charges are based on a standardized valuation.

It is essential for buyers and sellers to be aware of the current guideline value to accurately calculate the costs associated with property transactions. This helps in avoiding any surprises during the registration process.

Frequently asked questions

What is the current guideline value of A.P.PLOTS 6th STREET?

The current guideline value of A.P.PLOTS 6th STREET is Rs 7,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, from Rs 1,650 per sq.ft in 2007 to Rs 7,700 per sq.ft in 2024, reflecting an overall increase of 367% over the years.

What are the stamp duty and registration fees for property in A.P.PLOTS 6th STREET?

For a 1,000 sq.ft plot, the total guideline value is Rs 77,00,000. The stamp duty would be Rs 5,39,000, and the registration fee would be Rs 1,54,000, totaling Rs 6,93,000.

Which Sub Registrar Office covers A.P.PLOTS 6th STREET?

The Villivakkam Sub Registrar Office covers A.P.PLOTS 6th STREET, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

Where can I find the guideline values for other streets in Padi?

You can find the guideline values for other streets in Padi by visiting the respective links provided for each street, which list their current rates per sq.ft.