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Guideline Value

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Guideline Value for K.V.K.Samy Street (V.L.Puram)

₹2400/sq.ft.

The guideline value for K.v.k.samy Street (v.l.puram) in Oragadam village (Ambattur SRO, Chennai zone) is Rs 2400 per sq.ft, effective 1 July 2024. It was Rs 2200 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Oragadam

Village

Ambattur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹2400 /sq.ft.
From 1-4-2023 ₹2200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1474 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2200 /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)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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.v.k.samy Street (v.l.puram)

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K.V.K.Samy Street (V.L.Puram) guideline value

The current guideline value of K.V.K.Samy Street (V.L.Puram) is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Oragadam village and falls under the Ambattur SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of K.V.K.Samy Street (V.L.Puram) has changed

The guideline value for K.V.K.Samy Street (V.L.Puram) has undergone several revisions over the years. In 2012, the value was set at Rs 2,200 per sq.ft, which then decreased to Rs 1,474 per sq.ft in 2017. Following this, the value saw a significant increase to Rs 2,200 per sq.ft in 2023, and then rose again to the current value of Rs 2,400 per sq.ft in 2024, marking a change of +9% from the previous year.

From 2017 to 2023, there was a notable increase of +49%. The overall change from 2012 to 2024 reflects a modest increase of +9%. It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Oragadam

In Oragadam, there are 596 streets under the Ambattur SRO that have a guideline value for 2024, ranging from Rs 1,100 to Rs 3,500 per sq.ft. The median guideline value for these streets is Rs 2,200 per sq.ft, placing K.V.K.Samy Street (V.L.Puram) above this median at Rs 2,400 per sq.ft.

Stamp duty and registration fee for property in K.V.K.Samy Street (V.L.Puram)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value amounts to Rs 24,00,000. The stamp duty at 7% would be Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, bringing the total to Rs 2,16,000. 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 detailed calculations.

Which Sub Registrar Office covers K.V.K.Samy Street (V.L.Puram)?

The Sub Registrar Office that covers K.V.K.Samy Street (V.L.Puram) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Oragadam, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that all transactions are in compliance with local regulations.

It is essential for buyers and sellers to be aware of the current guideline value when negotiating property prices. This helps in understanding the financial implications of the transaction, including the costs associated with registration and taxation.

Frequently asked questions

What is the current guideline value of K.V.K.Samy Street (V.L.Puram)?

The current guideline value of K.V.K.Samy Street (V.L.Puram) is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,200 per sq.ft in 2012 to Rs 1,474 per sq.ft in 2017, then to Rs 2,200 per sq.ft in 2023, and finally to Rs 2,400 per sq.ft in 2024.

What is the land classification for K.V.K.Samy Street (V.L.Puram)?

The land classification for K.V.K.Samy Street (V.L.Puram) is Residential Special Type - I.

What is the stamp duty rate for property in K.V.K.Samy Street (V.L.Puram)?

The stamp duty rate for property in K.V.K.Samy Street (V.L.Puram) is 7% of the guideline value or the sale price, whichever is higher.

Which office handles registrations for K.V.K.Samy Street (V.L.Puram)?

The Ambattur Sub Registrar Office handles registrations for K.V.K.Samy Street (V.L.Puram), located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.