Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for PERIYAR NAGAR (T.N.H.B) 29th STREET

₹4400/sq.ft.

The guideline value for Periyar Nagar (t.n.h.b) 29th Street in Korattur village (Villivakkam SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. The land classification is Mixed Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Korattur

Village

Villivakkam

SRO

Mixed 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 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹600 /sq.ft.
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)

Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 ( Near By Nolambur Eb Office )
044-29561092
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Periyar Nagar (t.n.h.b) 29th Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

PERIYAR NAGAR (T.N.H.B) 29th STREET guideline value

The current guideline value for PERIYAR NAGAR (T.N.H.B) 29th STREET is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Korattur village and falls under the Villivakkam SRO. The land classification for this area is Mixed Type - II.

How the guideline value of PERIYAR NAGAR (T.N.H.B) 29th STREET has changed

The guideline value for PERIYAR NAGAR (T.N.H.B) 29th STREET has undergone several revisions over the years. The earliest recorded revision was in 2007, where the guideline value was Rs 600 per sq.ft. This increased significantly to Rs 4,000 per sq.ft in 2012, marking a substantial rise of 567%. However, from 2012 to 2017, the value decreased to Rs 2,680 per sq.ft, a decline of 33%. The most recent revision in 2024 set the guideline value at Rs 4,400 per sq.ft, reflecting an increase of 64% from the 2017 figure.

It is important to note that the register does not have figures for the years 2023, 2003, and 2002 for this street. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 633%.

Guideline values in Korattur

In Korattur, there are 617 streets under the Villivakkam SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 8,200 per sq.ft. The median guideline value for these streets is Rs 2,500 per sq.ft, placing the 2024 figure for PERIYAR NAGAR (T.N.H.B) 29th STREET above this median.

Stamp duty and registration fee for property in PERIYAR NAGAR (T.N.H.B) 29th STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total 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, bringing the total to Rs 3,96,000. It is important to note that the 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 PERIYAR NAGAR (T.N.H.B) 29th STREET?

The Sub Registrar Office that covers PERIYAR NAGAR (T.N.H.B) 29th STREET is the Villivakkam Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. You can find your SRO for more information.

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

When buying or selling property in Korattur, the guideline value is a crucial factor in determining the stamp duty and registration fees applicable to the transaction. The guideline value serves as a benchmark for the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue from property transactions.

It is essential for buyers and sellers to be aware of the current guideline value in their area, as it directly influences the costs associated with property registration. Understanding the guideline value can help in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value for PERIYAR NAGAR (T.N.H.B) 29th STREET?

The current guideline value for PERIYAR NAGAR (T.N.H.B) 29th STREET is Rs 4,400 per sq.ft, effective from 1 July 2024.

What were the guideline values in previous revisions?

The guideline values for PERIYAR NAGAR (T.N.H.B) 29th STREET in previous revisions are as follows: Rs 600 per sq.ft in 2007, Rs 4,000 per sq.ft in 2012, and Rs 2,680 per sq.ft in 2017.

How much has the guideline value changed since 2007?

Since 2007, the guideline value for PERIYAR NAGAR (T.N.H.B) 29th STREET has increased by 633%, from Rs 600 per sq.ft to Rs 4,400 per sq.ft in 2024.

What is the median guideline value for streets in Korattur?

The median guideline value for streets in Korattur under the Villivakkam SRO is Rs 2,500 per sq.ft. The guideline value for PERIYAR NAGAR (T.N.H.B) 29th STREET is above this median.

Where can I find more information about stamp duty and registration fees?

For more information regarding stamp duty and registration fees, you can use the stamp duty and registration fee calculator available on our website.