Guideline Value for Alcon Nagar

₹1000/sq.ft.

The guideline value for Alcon Nagar in Adhanoor village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Adhanoor

Village

Gooduvancheri

SRO

Residential Special 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 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹335 /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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Alcon Nagar

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Alcon Nagar guideline value

The current guideline value of Alcon Nagar, located in Adhanoor village, is Rs 1,000 per sq.ft. This guideline value is effective from 1 July 2024 and falls under the Gooduvancheri SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Alcon Nagar has changed

Over the years, the guideline value of Alcon Nagar has seen several revisions. The most recent revision in 2024 maintained the guideline value at Rs 1,000 per sq.ft, the same as in 2023. Prior to that, in 2017, the guideline value was Rs 670 per sq.ft, reflecting a significant increase of 49% from 2017 to 2023. In 2012, the value was again set at Rs 1,000 per sq.ft, which was a decrease of 33% from the previous figure in 2017. The 2007 revision had the guideline value at Rs 335 per sq.ft, which marked a substantial increase of 199% when compared to the 2012 figure.

The revisions for the years 2002 and 2003 do not have any figures listed for this street in the register. Overall, from 2007 to 2024, the guideline value has increased by 199%.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO that carry a 2024 guideline value, ranging from Rs 670 to Rs 3,000 per sq.ft. The median guideline value for these streets is Rs 1,000 per sq.ft, which is equal to the 2024 figure for Alcon Nagar.

Stamp duty and registration fee for property in Alcon Nagar

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total fees 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 our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Alcon Nagar?

The Sub Registrar Office that covers Alcon Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for additional information.

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

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

When a property is sold, the guideline value is compared to the sale price, and the higher amount is used to calculate the necessary fees. This ensures that the transaction is documented accurately and that the appropriate taxes are collected by the government.

Frequently asked questions

What is the current guideline value of Alcon Nagar?

The current guideline value of Alcon Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2007, the guideline value has increased from Rs 335 per sq.ft to Rs 1,000 per sq.ft in 2024, marking an overall increase of 199%.

What are the other streets in Adhanoor with the same guideline value?

Other streets in Adhanoor with a 2024 guideline value of Rs 1,000 per sq.ft include Alwin Nagar, Alwin Nagar Extn, Akilandeswari Nagar Part-I, Akilandeshwari Nagar Part -II, Akilandeeswari Nagar, and Aarthi Avenue.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

How is stamp duty calculated in Alcon Nagar?

Stamp duty in Alcon Nagar is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000 at a rate of 7%.