Guideline Value for FORD AVENUE (CHEN)
₹1100/sq.ft.
The guideline value for Ford Avenue (chen) in Sengundram - 1 village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Sengundram - 1
Village
Chengleput Joint II
SRO
Residential Special Type - III
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1100 /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 | 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)
10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Ford Avenue (chen)
- 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
- Chengleput Joint Ii sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Ford Avenue (Chen) guideline value
The current guideline value of Ford Avenue (Chen) is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Sengundram - 1 village under the Chengleput Joint II SRO, classified as Residential Special Type - III.
How the guideline value of Ford Avenue (Chen) has changed
The guideline value for Ford Avenue (Chen) has undergone several revisions over the years. In 2012, the guideline value was Rs 1,000 per sq.ft, which then decreased to Rs 670 per sq.ft in 2017. Following this, the value increased significantly to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,100 per sq.ft as of the 2024 revision. Notably, there are no figures in the register for the years 2002, 2003, and 2007.
From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, it increased by 49%. The change from 2023 to 2024 reflects a 10% increase. Overall, comparing the guideline value from 2012 to 2024, there has been a net increase of 10%.
Guideline values in Sengundram - 1
In Sengundram - 1, there are 126 streets under the Chengleput Joint II SRO that carry a 2024 guideline value, ranging from Rs 660 to Rs 3,285 per sq.ft. The median value is Rs 880 per sq.ft, placing Ford Avenue (Chen) above this median.
- Ezhil Nagar (Chen): Rs 1,100 per sq.ft (2024)
- Ganapathy Nagar (Chen): Rs 770 per sq.ft (2024)
- Ganapathy Syndicate (Chen): Rs 770 per sq.ft (2024)
- Gandhi Nagar Extn (Chen): Rs 770 per sq.ft (2024)
- Gokulapuram Main Road (Chen): Rs 1,320 per sq.ft (2024)
- Golden Avenue: Rs 1,320 per sq.ft (2024)
Stamp duty and registration fee for property in Ford Avenue (Chen)
For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty is charged at 7%, amounting to Rs 77,000, and the registration fee is charged at 2%, which is Rs 22,000. Together, the total fees would be Rs 99,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. For more information, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Ford Avenue (Chen)?
The Sub Registrar Office that covers Ford Avenue (Chen) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more details.
How the guideline value is used when you buy or sell in Sengundram - 1
The guideline value is a crucial factor in the registration process when buying or selling property in Sengundram - 1. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the transaction reflects the property's worth according to government standards.
When a property is registered, the guideline value serves as a benchmark for both buyers and sellers. It helps in maintaining transparency in property transactions and ensures that the taxes collected are based on a standardized valuation rather than arbitrary figures.
Frequently asked questions
What is the current guideline value of Ford Avenue (Chen)?
The current guideline value of Ford Avenue (Chen) is Rs 1,100 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,100 per sq.ft in 2024.
What is the land classification for Ford Avenue (Chen)?
Ford Avenue (Chen) is classified as Residential Special Type - III under the Chengleput Joint II SRO.
What are the stamp duty and registration fees for a property in Ford Avenue (Chen)?
For a 1,000 sq.ft plot, the total guideline value is Rs 11,00,000. The stamp duty is Rs 77,000 and the registration fee is Rs 22,000, totaling Rs 99,000.
Where is the Sub Registrar Office for Ford Avenue (Chen)?
The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.
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