Guideline Value

Corporate

Guideline Value for GANAPATHY SYNDICATE

₹400/sq.ft.

The guideline value for Ganapathy Syndicate 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 ₹60 /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]

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Ganapathy Syndicate guideline value

The current guideline value of Ganapathy Syndicate in Venkatapuram village is Rs 400 per sq.ft, effective from the 2024 revision. This property falls under the Chengleput Joint II SRO and is classified as Residential Class I Type - I.

How the guideline value of Ganapathy Syndicate has changed

Over the years, the guideline value for Ganapathy Syndicate has seen several revisions. The 2007 revision set the value at Rs 60 per sq.ft, which then increased significantly to Rs 400 per sq.ft in the 2012 revision. However, in the 2017 revision, the value decreased to Rs 268 per sq.ft. The 2023 revision maintained this value at Rs 400 per sq.ft, and the same rate continues in the 2024 revision, indicating no change from the previous year.

From 2017 to 2023, there was a notable increase of 49%. The overall change from the 2007 revision to the 2024 revision is an increase of 567%. It is important to note that there are no figures available for the years 2002 and 2003 in the register 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. The median value is Rs 400 per sq.ft, which means the guideline value for Ganapathy Syndicate is equal to this median.

Stamp duty and registration fee for property in Ganapathy Syndicate

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, and the registration fee at 2% would be Rs 8,000, bringing the total charges to Rs 36,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ganapathy Syndicate?

The Ganapathy Syndicate falls under 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 Venkatapuram

The guideline value is a crucial factor during property registration in Venkatapuram. It serves as a benchmark for determining the stamp duty and registration fees payable at the time of property transactions. Buyers and sellers must consider the guideline value to ensure compliance with local regulations.

When a property is sold, the guideline value is used to calculate the applicable fees based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions within the region.

Frequently asked questions

What is the current guideline value of Ganapathy Syndicate?

The current guideline value of Ganapathy Syndicate is Rs 400 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has experienced several revisions, with the most recent being Rs 400 per sq.ft in both 2023 and 2024. Notably, it was Rs 268 per sq.ft in 2017 and Rs 60 per sq.ft in 2007.

What is the classification of the land in Ganapathy Syndicate?

The land in Ganapathy Syndicate is classified as Residential Class I Type - I, indicating its suitability for residential purposes.

What are the other streets in Venkatapuram with their guideline values?

Other streets in Venkatapuram include Ganapathy Nagar Colony, Ezhil Nagar, Divya Nagar, Azhagiri Nagar, Kaveri Nagar, and K.K.Nagar, with guideline values ranging from Rs 400 to Rs 500 per sq.ft in 2024.

Where can I find the Sub Registrar Office for Ganapathy Syndicate?

The Chengleput Joint II Sub Registrar Office covers Ganapathy Syndicate and is located at 10, Kancheepuram Main Road, Chengalpattu 603 002.