Guideline Value for Ambethkar 1st Street (colony)
₹200/sq.ft.
The guideline value for Ambethkar 1st Street (colony) in Vattampakkam village (Sunguvarchattram SRO, Chengalpattu zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Vattampakkam
Village
Sunguvarchattram
SRO
Residential Class II Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹200 /sq.ft. |
| From 1-4-2023 | ₹200 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹134 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹200 /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
SRO (Sub Registrar Office)
Vadivamal Nagar Kandigai Road Caparo Company Opp,sunguvarchatram
044_29592196
[email protected]
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Ambethkar 1st Street (colony)
- 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
- Sunguvarchattram sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Ambethkar 1st Street (colony) guideline value
The current guideline value of Ambethkar 1st Street (colony) is Rs 200 per sq.ft, effective from the 2024 revision. This street is located in Vattampakkam village, under the Sunguvarchattram SRO, and is classified as Residential Class II Type - I.
How the guideline value of Ambethkar 1st Street (colony) has changed
Since the 2012 revision, the guideline value for Ambethkar 1st Street (colony) has remained stable at Rs 200 per sq.ft for both the 2012 and 2024 revisions. The 2017 revision recorded a lower value of Rs 134 per sq.ft, marking a decrease of 33% from the previous 2012 figure. The value increased by 49% to Rs 200 per sq.ft in the 2023 revision, and there was no change from 2023 to 2024.
The register has no figures for the years 2002, 2003, and 2007. Therefore, the only revisions available for this street are from 2012, 2017, 2023, and 2024, with the current value reflecting no overall change since 2012.
Guideline values in Vattampakkam
In Vattampakkam, there are 33 streets under the Sunguvarchattram SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 1,790 per sq.ft. The median guideline value is Rs 250 per sq.ft, placing Ambethkar 1st Street (colony) below this median.
- Ambethkar 1Ist Street (colony): Rs 200 per sq.ft (2024)
- Alwar ThiruNagr: Rs 500 per sq.ft (2024)
- ABI Century Square I & II: Rs 426 per sq.ft (2024)
- Bajanai Kovil Street (colony): Rs 200 per sq.ft (2024)
- Ellaiamman Kovil Street: Rs 200 per sq.ft (2024)
- Gangaiamman Kovil Street (colony): Rs 200 per sq.ft (2024)
Stamp duty and registration fee for property in Ambethkar 1st Street (colony)
For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total fees to Rs 18,000. Please 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 Ambethkar 1st Street (colony)?
The Sub Registrar Office that covers Ambethkar 1st Street (colony) is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.
For more information, you can find your SRO.
How the guideline value is used when you buy or sell in Vattampakkam
The guideline value plays a crucial role in the registration process of property transactions in Vattampakkam. It serves as the basis for calculating the stamp duty and registration fees, ensuring that these costs are aligned with the official valuation of the property.
When buying or selling property, it is essential to consider the guideline value, as it may affect the overall cost of the transaction. Buyers should be aware that the duty is charged on the higher of the guideline value or the sale price, which can influence their financial planning.
Frequently asked questions
What is the current guideline value of Ambethkar 1st Street (colony)?
The current guideline value of Ambethkar 1st Street (colony) is Rs 200 per sq.ft, effective from the 2024 revision.
How has the guideline value changed over the years?
The guideline value has remained stable at Rs 200 per sq.ft from 2012 to 2024, with a previous decrease to Rs 134 per sq.ft in 2017. The value increased by 49% to Rs 200 per sq.ft in 2023.
What is the median guideline value in Vattampakkam?
The median guideline value in Vattampakkam is Rs 250 per sq.ft, which is higher than the current value of Ambethkar 1st Street (colony).
What are the registration fees for properties in Ambethkar 1st Street (colony)?
The registration fees for properties in Ambethkar 1st Street (colony) include a stamp duty of 7% and a registration fee of 2%, calculated on the higher of the guideline value or the sale price.
Where can I find the Sub Registrar Office for Ambethkar 1st Street (colony)?
The Sub Registrar Office covering Ambethkar 1st Street (colony) is located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.
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