Guideline Value

Corporate

Guideline Value for METRO OMR CASTLE CITY

₹1100/sq.ft.

The guideline value for Metro Omr Castle City in Venpedu village (Thiruporur SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. The land classification is Mixed Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Venpedu

Village

Thiruporur

SRO

Mixed Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1100 /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.29, South Mada Street, Thiruporur-603110
044-27445228
[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 Metro Omr Castle City

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Metro Omr Castle City guideline value

The current guideline value of Metro Omr Castle City is Rs 1,100 per sq.ft, effective from 1 July 2024. This property is located in Venpedu village, under the Thiruporur SRO, and falls under the Mixed Type - I land classification.

How the guideline value of Metro Omr Castle City has changed

The guideline value for Metro Omr Castle City has seen several revisions over the years. The 2012 revision set the value at Rs 1,100 per sq.ft, which remained unchanged in the 2023 revision. However, from the 2017 revision, which was Rs 737 per sq.ft, there was a significant increase of 49% to reach Rs 1,100 per sq.ft in 2023. Notably, there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

From 2012 to 2017, the value decreased by 33%, but overall from 2012 to 2024, the guideline value has remained constant at Rs 1,100 per sq.ft. The latest revision in 2024 shows no change from the previous year, maintaining the value at Rs 1,100 per sq.ft.

Guideline values in Venpedu

In Venpedu, there are 24 streets under the Thiruporur SRO that carry a 2024 guideline value ranging from Rs 605 to Rs 2,100 per sq.ft. The median guideline value for these streets is Rs 1,784 per sq.ft, indicating that the guideline value for Metro Omr Castle City is below this median.

Stamp duty and registration fee for property in Metro Omr Castle City

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty, charged at 7%, would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total fees to Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Metro Omr Castle City?

The Sub Registrar Office that covers Metro Omr Castle City is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Venpedu. It determines the minimum value at which a property can be registered and is used to calculate the applicable stamp duty and registration fees.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to assess the stamp duty. This ensures that the state government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Metro Omr Castle City?

The current guideline value for Metro Omr Castle City is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,100 per sq.ft from 2012 to 2024, with a significant increase from Rs 737 per sq.ft in 2017 to Rs 1,100 per sq.ft in 2023.

What is the median guideline value for streets in Venpedu?

The median guideline value for the 24 streets in Venpedu is Rs 1,784 per sq.ft, indicating that Metro Omr Castle City is below this median value.

What are the stamp duty rates for properties in Metro Omr Castle City?

The stamp duty for properties in Metro Omr Castle City is charged at 7% of the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Metro Omr Castle City?

The Thiruporur Sub Registrar Office, which covers Metro Omr Castle City, is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.