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Guideline Value

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Guideline Value for K.G.R. NAGAR & ANNEX-(S.NO.392.377/2)

₹200/sq.ft.

The guideline value for K.g.r. Nagar & Annex-(s.no.392.377/2) in Venmanamputhur village (Tiruvallur Joint 1 SRO, Chennai zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Venmanamputhur

Village

Tiruvallur Joint 1

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹134 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹200 /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)

No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.
044-27666992
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 K.g.r. Nagar & Annex-(s.no.392.377/2)

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K.G.R. Nagar & Annex-(S.No.392.377/2) guideline value

The current guideline value for K.G.R. Nagar & Annex-(S.No.392.377/2) is Rs 200 per sq.ft, effective from 1 July 2024. This property is located in Venmanamputhur village and falls under the Tiruvallur Joint 1 SRO. The land classification is Residential Class II Type - II.

How the guideline value of K.G.R. Nagar & Annex-(S.No.392.377/2) has changed

The guideline value for K.G.R. Nagar & Annex-(S.No.392.377/2) has seen several revisions over the years. The 2012 revision set the value at Rs 200 per sq.ft, which then decreased to Rs 134 per sq.ft in 2017. Following this, the value increased to Rs 200 per sq.ft in both the 2023 and 2024 revisions, showing a 49% increase from 2017 to 2023, but no change from 2023 to 2024.

There are no figures for this street in the years 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has remained the same at Rs 200 per sq.ft.

Guideline values in Venmanamputhur

In Venmanamputhur, there are 54 streets under the Tiruvallur Joint 1 SRO with a 2024 guideline value ranging from Rs 200 to Rs 400 per sq.ft. The median guideline value is Rs 200 per sq.ft, which is equal to the current value for K.G.R. Nagar & Annex-(S.No.392.377/2).

Stamp duty and registration fee for property in K.G.R. Nagar & Annex-(S.No.392.377/2)

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers K.G.R. Nagar & Annex-(S.No.392.377/2)?

The K.G.R. Nagar & Annex-(S.No.392.377/2) property is covered by the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Venmanamputhur. It determines the stamp duty and registration fees that need to be paid, which are calculated based on the guideline value or the sale price, whichever is higher.

Understanding the guideline value helps buyers and sellers to be aware of the financial implications of their transactions. It ensures that the property is valued correctly according to the local regulations, facilitating a smoother registration process.

Frequently asked questions

What is the current guideline value for K.G.R. Nagar & Annex-(S.No.392.377/2)?

The current guideline value for K.G.R. Nagar & Annex-(S.No.392.377/2) is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2012 to Rs 134 per sq.ft in 2017, then back to Rs 200 per sq.ft in both 2023 and 2024. There are no figures for the years 2002, 2003, and 2007.

What is the land classification for K.G.R. Nagar & Annex-(S.No.392.377/2)?

The land classification for K.G.R. Nagar & Annex-(S.No.392.377/2) is Residential Class II Type - II, indicating its suitability for residential development.

What is the stamp duty rate for properties in this area?

The stamp duty rate for properties in K.G.R. Nagar & Annex-(S.No.392.377/2) is 7%, which is calculated on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for this property?

The Sub Registrar Office covering K.G.R. Nagar & Annex-(S.No.392.377/2) is the Tiruvallur Joint 1 SRO, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.