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Guideline Value for SANJAI NAGAR (OR) SANJEEVI NAGAR @ SIRANJEEVI NAGA

₹800/sq.ft.

The guideline value for Sanjai Nagar (or) Sanjeevi Nagar @ Siranjeevi Naga in Vilingiyambakkam village (Avadi SRO, Chennai zone) is Rs 800 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vilingiyambakkam

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹800 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹502 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹750 /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)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Sanjai Nagar (or) Sanjeevi Nagar @ Siranjeevi Naga

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Sanjai Nagar (Or) Sanjeevi Nagar @ Siranjeevi Naga guideline value

The current guideline value for Sanjai Nagar (Or) Sanjeevi Nagar @ Siranjeevi Naga is Rs 800 per sq.ft, effective from 1 July 2024. This area is located in Vilingiyambakkam village and falls under the Avadi SRO. The land classification for this locality is Residential Class II Type - I.

How the guideline value of Sanjai Nagar (Or) Sanjeevi Nagar @ Siranjeevi Naga has changed

The guideline value for Sanjai Nagar (Or) Sanjeevi Nagar has undergone several revisions over the years. The earliest available figure is from 2012, when the guideline value was Rs 750 per sq.ft. This was followed by a decrease to Rs 502 per sq.ft in 2017. In 2023, the value increased to Rs 800 per sq.ft, which remained unchanged in the 2024 revision.

From 2017 to 2023, there was a significant increase of 59%. However, from 2012 to 2017, the value decreased by 33%. Overall, from 2012 to 2024, the guideline value has increased by 7%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Vilingiyambakkam

In Vilingiyambakkam, there are 252 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 800 to Rs 4,400 per sq.ft. The median guideline value for these streets is Rs 935 per sq.ft, indicating that the guideline value for Sanjai Nagar (Or) Sanjeevi Nagar is below this median.

Stamp duty and registration fee for property in Sanjai Nagar (Or) Sanjeevi Nagar @ Siranjeevi Naga

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total to Rs 72,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sanjai Nagar (Or) Sanjeevi Nagar @ Siranjeevi Naga?

The Sub Registrar Office that covers Sanjai Nagar (Or) Sanjeevi Nagar is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Vilingiyambakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from property transactions.

When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that transactions are transparent and that the value of properties is accurately reflected in official records.

Frequently asked questions

What is the current guideline value for Sanjai Nagar (Or) Sanjeevi Nagar?

The current guideline value for Sanjai Nagar (Or) Sanjeevi Nagar is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 750 per sq.ft in 2012 to Rs 502 per sq.ft in 2017, then increased to Rs 800 per sq.ft in 2023 and remained the same in 2024.

What is the land classification for this area?

The land classification for Sanjai Nagar (Or) Sanjeevi Nagar is Residential Class II Type - I.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Sanjai Nagar (Or) Sanjeevi Nagar is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What is the stamp duty for a property in Sanjai Nagar (Or) Sanjeevi Nagar?

The stamp duty for a property in Sanjai Nagar (Or) Sanjeevi Nagar is 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the stamp duty would be Rs 56,000.