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Guideline Value

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Guideline Value for GANAPATHY NAGAR (CHEN)

₹660/sq.ft.

The guideline value for Ganapathy Nagar (chen) in Thirukkachur - 1 village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Thirukkachur - 1

Village

Chengleput Joint II

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹660 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /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]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Ganapathy Nagar (chen)

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Ganapathy Nagar (Chen) guideline value

The current guideline value of Ganapathy Nagar (Chen) is Rs 660 per sq.ft, effective from 1 July 2024. This area is located in Thirukkachur - 1 village, under the Chengleput Joint II SRO. The land classification for this street is Residential Class I Type - I.

How the guideline value of Ganapathy Nagar (Chen) has changed

The guideline value for Ganapathy Nagar (Chen) has undergone several revisions over the years. The earliest recorded revision is from 2012, where the guideline value was Rs 600 per sq.ft. This was followed by a decrease to Rs 402 per sq.ft in 2017. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value up to Rs 600 per sq.ft. The most recent revision in 2024 has set the guideline value at Rs 660 per sq.ft, marking a 10% increase 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 a modest increase of 10%.

Guideline values in Thirukkachur - 1

In Thirukkachur - 1, there are 86 streets under the Chengleput Joint II SRO that carry a 2024 guideline value, ranging from Rs 385 to Rs 3,300 per sq.ft. The median guideline value is Rs 660 per sq.ft, which is equal to the current value of Ganapathy Nagar (Chen).

Stamp duty and registration fee for property in Ganapathy Nagar (Chen)

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value would be Rs 6,60,000. The stamp duty, charged at 7%, would amount to Rs 46,200, while the registration fee at 2% would be Rs 13,200. Together, these fees would total Rs 59,400. 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 Ganapathy Nagar (Chen)?

The Sub Registrar Office that covers Ganapathy Nagar (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 information.

How the guideline value is used when you buy or sell in Thirukkachur - 1

The guideline value is a crucial factor in the registration process of property transactions in Thirukkachur - 1. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property in the area. The fees are calculated based on the guideline value or the sale price, whichever is higher.

When a property is sold, the guideline value ensures that the transaction is recorded at a fair price, reflecting the area's market conditions. Buyers and sellers should be aware of the current guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Ganapathy Nagar (Chen)?

The current guideline value of Ganapathy Nagar (Chen) is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then to Rs 600 per sq.ft in 2023, and finally to Rs 660 per sq.ft in 2024. This reflects an overall increase of 10% from 2012 to 2024.

What are the stamp duty and registration fees for property in Ganapathy Nagar (Chen)?

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value is Rs 6,60,000. The stamp duty would be Rs 46,200 and the registration fee would be Rs 13,200, totaling Rs 59,400.

Which office handles property registrations for Ganapathy Nagar (Chen)?

The Chengleput Joint II Sub Registrar Office handles property registrations for Ganapathy Nagar (Chen). It is located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

What is the significance of the guideline value in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It ensures that the transaction is recorded at a price that reflects the area's market conditions, and it is essential for both buyers and sellers to be aware of the current guideline value.