Guideline Value

Corporate

Guideline Value for GANAPATHY NAGAR COLONY

₹400/sq.ft.

The guideline value for Ganapathy Nagar Colony in Venkatapuram village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 400 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Venkatapuram

Village

Chengleput Joint II

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹400 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹400 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹100 /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)

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 Colony

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

Ganapathy Nagar Colony guideline value

The current guideline value of Ganapathy Nagar Colony is Rs 400 per sq.ft, effective from 1 July 2024. This colony is located in Venkatapuram village under the Chengleput Joint II SRO and is classified as Residential Class I Type - I.

How the guideline value of Ganapathy Nagar Colony has changed

Over the years, the guideline value of Ganapathy Nagar Colony has seen several revisions. The 2007 revision set the value at Rs 100 per sq.ft, which increased to Rs 400 per sq.ft in the 2012 revision. However, there was a decrease to Rs 268 per sq.ft in the 2017 revision. The value remained unchanged at Rs 400 per sq.ft in both the 2023 and 2024 revisions, indicating no percentage change between these two years.

From 2017 to 2023, the value increased by 49%. The substantial increase of 300% from the 2007 revision to the 2012 revision was notable, as was the overall increase of 300% from 2007 to 2024. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Venkatapuram

In Venkatapuram, there are 29 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 2,500 per sq.ft, with the median value being Rs 400 per sq.ft. Ganapathy Nagar Colony's 2024 guideline value is equal to this median.

Stamp duty and registration fee for property in Ganapathy Nagar Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, while the registration fee at 2% would be Rs 8,000, making the total fees Rs 36,000. 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 Ganapathy Nagar Colony?

The Ganapathy Nagar Colony falls under the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Venkatapuram. It is used to determine the stamp duty and registration fees applicable on the property transaction.

When a property is registered, the guideline value is considered to ensure that the correct fees are paid. This value helps maintain transparency and standardization in property transactions within the region.

Frequently asked questions

What is the current guideline value of Ganapathy Nagar Colony?

The current guideline value of Ganapathy Nagar Colony is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 100 per sq.ft in 2007 to Rs 400 per sq.ft in 2012, then decreased to Rs 268 per sq.ft in 2017. It remained at Rs 400 per sq.ft in both 2023 and 2024.

What are the guideline values of other streets in Venkatapuram?

Other streets in Venkatapuram have varying guideline values, with some streets like Ezhil Nagar and Azhagiri Nagar having values of Rs 500 per sq.ft, while others like Ganapathy Syndicate, Divya Nagar, Kaveri Nagar, and K.K.Nagar have values of Rs 400 per sq.ft.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or sale price, whichever is higher, while the registration fee is 2% of the same. For example, a 1,000 sq.ft plot at Rs 400 per sq.ft would incur total fees of Rs 36,000.

Where can I find my Sub Registrar Office?

The Chengleput Joint II Sub Registrar Office covers Ganapathy Nagar Colony and is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more details by using the provided link.