Guideline Value

Corporate

Guideline Value for EMBAR NAIDU MAIN ROAD

₹2700/sq.ft.

The guideline value for Embar Naidu Main Road in Villivakkam village (Villivakkam SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Iv Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Villivakkam

Village

Villivakkam

SRO

Residential Class IV Type - III
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /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)

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 Embar Naidu Main Road

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Embar Naidu Main Road guideline value

The current guideline value of Embar Naidu Main Road is Rs 2,700 per sq.ft, effective from 1 July 2024. This road is located in Villivakkam village under the Villivakkam SRO and is classified as Residential Class IV Type - III.

How the guideline value of Embar Naidu Main Road has changed

Over the years, the guideline value for Embar Naidu Main Road has seen several revisions. The 2012 revision recorded a guideline value of Rs 2,500 per sq.ft. This was followed by a decrease to Rs 1,675 per sq.ft in the 2017 revision, which marked a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 2,500 per sq.ft, reflecting a rise of 49%. The latest revision in 2024 has set the guideline value at Rs 2,700 per sq.ft, an increase of 8% from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has seen an increase of 8%.

Guideline values in Villivakkam

In Villivakkam, there are 372 streets under the Villivakkam SRO that carry a 2024 guideline value ranging from Rs 1,600 to Rs 13,200 per sq.ft. The median value for these streets is Rs 4,900 per sq.ft, placing Embar Naidu Main Road's 2024 figure below this median.

Stamp duty and registration fee for property in Embar Naidu Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value would be Rs 27,00,000. The stamp duty, charged at 7%, would amount to Rs 1,89,000, while the registration fee at 2% would be Rs 54,000. Together, these fees would total Rs 2,43,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Embar Naidu Main Road?

The Sub Registrar Office covering Embar Naidu Main Road is the Villivakkam Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Villivakkam. It serves as a benchmark for determining the minimum price at which a property can be registered. This value is used to calculate the stamp duty and registration fees applicable during the transaction.

When registering a property, the buyer must ensure that the sale price is at least equal to the guideline value. If the sale price is lower than the guideline value, the higher amount will be considered for calculating the applicable duties and fees.

Frequently asked questions

What is the current guideline value of Embar Naidu Main Road?

The current guideline value of Embar Naidu Main Road is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, then back to Rs 2,500 per sq.ft in 2023, and finally to Rs 2,700 per sq.ft in 2024.

What is the land classification of Embar Naidu Main Road?

Embar Naidu Main Road is classified as Residential Class IV Type - III.

What are the stamp duty and registration fees for properties on this road?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty is Rs 1,89,000, and the registration fee is Rs 54,000, totaling Rs 2,43,000.

Which office handles the registration for Embar Naidu Main Road?

The Villivakkam Sub Registrar Office handles the registration for Embar Naidu Main Road, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.