Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for JANAKI NAGAR - Chellammal Street (6th Street)

₹4400/sq.ft.

The guideline value for Janaki Nagar - Chellammal Street (6th Street) in Valasaravakkam village (Virugambakkam SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Valasaravakkam

Village

Virugambakkam

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹650 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹652 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹600 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Janaki Nagar - Chellammal Street (6th Street)

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

JANAKI NAGAR - Chellammal Street (6th Street) guideline value

The current guideline value of JANAKI NAGAR - Chellammal Street (6th Street) is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Valasaravakkam village and falls under the Virugambakkam SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of JANAKI NAGAR - Chellammal Street (6th Street) has changed

The guideline value for JANAKI NAGAR - Chellammal Street has undergone several revisions over the years. The earliest recorded figure is from 2002, where the guideline value was Rs 600 per sq.ft. This increased to Rs 652 per sq.ft in 2003, showing a 9% rise. The value remained unchanged until 2007, when it surged to Rs 650 per sq.ft. In 2012, the guideline value was Rs 4,000 per sq.ft, marking a significant increase of 515% from the previous revision. However, it then dropped to Rs 2,680 per sq.ft in 2017, representing a decrease of 33%.

In 2023, the guideline value rose again to Rs 4,000 per sq.ft, and it further increased to Rs 4,400 per sq.ft in 2024, reflecting a 10% rise. Overall, from 2002 to 2024, the guideline value has increased by 633%. There are no figures available for the revisions in years other than those mentioned.

Guideline values in Valasaravakkam

In Valasaravakkam, there are 774 streets under the Virugambakkam SRO, with guideline values ranging from Rs 2,750 to Rs 8,800 per sq.ft. The median guideline value in this area is Rs 3,850 per sq.ft, placing JANAKI NAGAR - Chellammal Street (6th Street) above this median.

Stamp duty and registration fee for property in JANAKI NAGAR - Chellammal Street (6th Street)

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, while the registration fee at 2% would be Rs 88,000. Together, the total cost for these fees would be Rs 3,96,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers JANAKI NAGAR - Chellammal Street (6th Street)?

The Sub Registrar Office that covers JANAKI NAGAR - Chellammal Street (6th Street) is the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Valasaravakkam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, which are essential costs involved in the transaction. It is important for both parties to be aware of the guideline value to avoid any discrepancies during the registration of the property.

Frequently asked questions

What is the current guideline value of JANAKI NAGAR - Chellammal Street (6th Street)?

The current guideline value of JANAKI NAGAR - Chellammal Street (6th Street) is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, starting from Rs 600 per sq.ft in 2002 to Rs 4,400 per sq.ft in 2024. The highest increase occurred from 2007 to 2012, with a rise of 515%.

What is the land classification for this street?

The land classification for JANAKI NAGAR - Chellammal Street (6th Street) is Residential Class I Type - II.

What are the stamp duty and registration fees for this property?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 3,08,000 and the registration fee would be Rs 88,000, amounting to a total of Rs 3,96,000.

Which Sub Registrar Office covers this area?

The Virugambakkam Sub Registrar Office covers JANAKI NAGAR - Chellammal Street (6th Street), located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.