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Guideline Value

Corporate

Guideline Value for Nehru Street (Vinayagapuram )

₹2400/sq.ft.

The guideline value for Nehru Street (vinayagapuram ) 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 Nehru Street (vinayagapuram )

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Nehru Street (Vinayagapuram ) guideline value

The current guideline value for Nehru Street (Vinayagapuram) is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Oragadam village under the Ambattur SRO, classified as Residential Special Type - I.

How the guideline value of Nehru Street (Vinayagapuram ) has changed

The guideline value for Nehru Street (Vinayagapuram) has seen several revisions over the years. The 2012 revision set the value at Rs 2,200 per sq.ft, which was later reduced to Rs 1,474 per sq.ft in the 2017 revision. Following this, the value increased to Rs 2,200 per sq.ft in the 2023 revision and further rose to Rs 2,400 per sq.ft in the 2024 revision. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2012 to 2017, the value decreased by 33%, but from 2017 to 2023, it increased by 49%. The most recent change from 2023 to 2024 reflects a 9% increase, resulting in an overall increase of 9% from 2012 to 2024.

Guideline values in Oragadam

In Oragadam, there are 596 streets under the Ambattur SRO with a 2024 guideline value 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 Nehru Street (Vinayagapuram) above this median.

Stamp duty and registration fee for property in Nehru Street (Vinayagapuram )

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value would be Rs 24,00,000. The stamp duty at 7% would amount to Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, bringing the total to Rs 2,16,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Nehru Street (Vinayagapuram )?

The Sub Registrar Office that covers Nehru Street (Vinayagapuram) 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 the registration of property transactions in Oragadam. It serves as a benchmark for determining the minimum value at which property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, it is essential to consider the guideline value as it impacts the financial obligations during the registration process. Buyers should be aware that the duty is charged on the higher of the guideline value or the sale price, which can affect the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Nehru Street (Vinayagapuram)?

The current guideline value of Nehru Street (Vinayagapuram) 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 increased to Rs 2,200 per sq.ft in 2023, and finally to Rs 2,400 per sq.ft in 2024.

What are the other streets in Oragadam with their guideline values?

Other streets in Oragadam include Nehru Street (V.L.Puram) at Rs 2,400 per sq.ft, Nelson Street and Nesamani Street (Venkateswara Nagar) both at Rs 1,600 per sq.ft, Nehru Salai (S.V.Nagar) at Rs 1,900 per sq.ft, Nethaji Street at Rs 1,600 per sq.ft, and New Anna Nagar at Rs 2,200 per sq.ft.

What is the registration fee for property in Nehru Street (Vinayagapuram)?

The registration fee for property in Nehru Street (Vinayagapuram) is calculated based on the guideline value. For example, for a property valued at Rs 24,00,000, the registration fee would be Rs 48,000 at 2%.

Which office handles the registration for Nehru Street (Vinayagapuram)?

The Ambattur Sub Registrar Office handles the registration for Nehru Street (Vinayagapuram), located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.