Guideline Value

Corporate

Guideline Value for Nehru Nagar C.D.Yes Kudieruppu

₹4400/sq.ft.

The guideline value for Nehru Nagar C.d.yes Kudieruppu in Velachery village (Velacheri SRO, Chennai zone) is Rs 4400 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

Velachery

Village

Velacheri

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 ₹670 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹500 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042
044-22553736
[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 Nehru Nagar C.d.yes Kudieruppu

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Nehru Nagar C.D.Yes Kudieruppu guideline value

The current guideline value of Nehru Nagar C.D.Yes Kudieruppu is Rs 4,400 per sq.ft, effective from 1 July 2024. This area is located in Velachery village and falls under the Velacheri SRO. The land classification for this street is Residential Class II Type - II.

How the guideline value of Nehru Nagar C.D.Yes Kudieruppu has changed

The guideline value for Nehru Nagar C.D.Yes Kudieruppu has seen significant changes over the years. In 2002, the guideline value was Rs 500 per sq.ft, which increased to Rs 670 per sq.ft in 2003, marking a rise of 34%. The most recent revision in 2024 set the value at Rs 4,400 per sq.ft, representing a substantial increase of 557% from the 2003 figure.

Overall, from 2002 to 2024, the guideline value has risen by 780%. It is important to note that there are no figures available for the years 2007, 2012, 2017, and 2023 in the register for this street.

Guideline values in Velachery

In Velachery, there are 2,691 streets under the Velacheri SRO that carry a 2024 guideline value. The values range from Rs 3,300 to Rs 13,200 per sq.ft, with the median being Rs 4,400 per sq.ft. The guideline value for Nehru Nagar C.D.Yes Kudieruppu is equal to this median.

Stamp duty and registration fee for property in Nehru Nagar C.D.Yes Kudieruppu

For a 1,000 sq.ft plot at the current rate of Rs 4,400 per sq.ft, the guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, totaling Rs 3,96,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Nehru Nagar C.D.Yes Kudieruppu?

The Sub Registrar Office that covers Nehru Nagar C.D.Yes Kudieruppu is the Velacheri Sub Registrar Office, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042. You can find your SRO for more details.

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

The guideline value is an essential factor during the registration of property transactions in Velachery. It is used to determine the stamp duty and registration fees that are applicable when buying or selling property in the area.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately, reflecting the value of the property as determined by the local authorities. Buyers and sellers should be aware of the guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Nehru Nagar C.D.Yes Kudieruppu?

The current guideline value of Nehru Nagar C.D.Yes Kudieruppu is Rs 4,400 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2002, the guideline value has increased significantly, from Rs 500 per sq.ft in 2002 to Rs 4,400 per sq.ft in 2024, which is an overall increase of 780%.

What is the stamp duty for property in Nehru Nagar C.D.Yes Kudieruppu?

The stamp duty for property in Nehru Nagar C.D.Yes Kudieruppu is 7% of the guideline value or sale price, whichever is higher. For example, a property valued at Rs 44,00,000 would incur a stamp duty of Rs 3,08,000.

Which Sub Registrar Office handles registrations for this area?

The Velacheri Sub Registrar Office handles registrations for Nehru Nagar C.D.Yes Kudieruppu. The office is located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042.

Are there other streets with guideline values in Velachery?

Yes, there are several other streets in Velachery with their respective guideline values. For example, Nehru Nagar - Bharathiyar Street, Nehru Nagar Elango Street, and others have a guideline value of Rs 3,850 per sq.ft in 2024.