Guideline Value for Main Road
₹250/sq.ft.
The guideline value for Main Road in Vattampakkam village (Sunguvarchattram SRO, Chengalpattu zone) is Rs 250 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
Vattampakkam
Village
Sunguvarchattram
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹250 /sq.ft. |
| From 1-4-2023 | ₹250 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹167 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹250 /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)
Vadivamal Nagar Kandigai Road Caparo Company Opp,sunguvarchatram
044_29592196
[email protected]
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Main Road
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Sunguvarchattram sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Main Road guideline value
The current guideline value of Main Road in Vattampakkam village is Rs 250 per sq.ft, effective from 1 July 2024. This falls under the jurisdiction of the Sunguvarchattram SRO and is classified as Residential Class I Type - I.
How the guideline value of Main Road has changed
The guideline value for Main Road has seen several revisions over the years. In 2012, the value was set at Rs 250 per sq.ft. This remained unchanged until the 2017 revision, where it decreased to Rs 167 per sq.ft, marking a reduction of 33%. However, from 2017 to 2023, the value increased significantly by 50%, bringing it back to Rs 250 per sq.ft. The 2024 revision maintained this figure, showing no change from the previous year.
It is important to note that there are no recorded figures for Main Road in the revisions of 2002, 2003, and 2007. Therefore, the historical data only reflects the revisions from 2012 onwards.
Guideline values in Vattampakkam
In Vattampakkam, there are 33 streets under the Sunguvarchattram SRO that have a 2024 guideline value ranging from Rs 200 to Rs 1,790 per sq.ft. The median value is Rs 250 per sq.ft, which is equal to the current guideline value for Main Road.
- Lakshmi Nagar: Rs 448 per sq.ft (2024)
- M.G.R Street (colony): Rs 200 per sq.ft (2024)
- Mother Land: Rs 250 per sq.ft (2024)
- Keerthika Avenue: Rs 448 per sq.ft (2024)
- MuthuMariamman Kovil Street (colony): Rs 200 per sq.ft (2024)
- Kalaizhnar Street (colony): Rs 200 per sq.ft (2024)
Stamp duty and registration fee for property in Main Road
For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the guideline value would be Rs 2,50,000. The stamp duty at 7% would amount to Rs 17,500, and the registration fee at 2% would be Rs 5,000, totaling Rs 22,500. It is essential 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 Main Road?
The Sub Registrar Office that covers Main Road is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Vattampakkam
The guideline value plays a crucial role in the registration process when buying or selling property in Vattampakkam. It serves as a reference point for determining the stamp duty and registration fees that need to be paid during the transaction.
When a property is sold, the guideline value is compared to the sale price, and the higher of the two values is used to calculate the applicable duties and fees. This ensures that the transaction is registered accurately and in accordance with the local regulations.
Frequently asked questions
What is the current guideline value of Main Road?
The current guideline value of Main Road in Vattampakkam is Rs 250 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value for Main Road has changed from Rs 250 per sq.ft in 2012 to Rs 167 per sq.ft in 2017, then back to Rs 250 per sq.ft in 2023 and 2024, with no changes recorded from 2023 to 2024.
What is the role of the guideline value in property transactions?
The guideline value is used to determine the stamp duty and registration fees during property transactions. It is compared with the sale price to calculate the applicable charges.
Where can I find the Sub Registrar Office for Main Road?
The Sub Registrar Office for Main Road is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.
What are the other streets in Vattampakkam with guideline values?
Other streets in Vattampakkam include Lakshmi Nagar, M.G.R Street (colony), Mother Land, Keerthika Avenue, MuthuMariamman Kovil Street (colony), and Kalaizhnar Street (colony), with varying guideline values ranging from Rs 200 to Rs 448 per sq.ft in 2024.
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