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Guideline Value

Corporate

Guideline Value for SHAMEER SULTHAN INAM MANIYAM LAND

₹1320/sq.ft.

The guideline value for Shameer Sulthan Inam Maniyam Land in Vanagaram village (Chennai South Joint I SRO, Chennai zone) is Rs 1320 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vanagaram

Village

Chennai South Joint I

SRO

Residential Class IV Type - II
History
Period Guideline Value
From 1-7-2024 ₹1320 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹91 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹79 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[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 Shameer Sulthan Inam Maniyam Land

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Shameer Sulthan Inam Maniyam Land guideline value

The current guideline value of Shameer Sulthan Inam Maniyam Land is Rs 1,320 per sq.ft, effective from 1 July 2024. This land is located in Vanagaram village and falls under the Chennai South Joint I SRO, classified as Residential Class IV Type - II.

How the guideline value of Shameer Sulthan Inam Maniyam Land has changed

The guideline value for Shameer Sulthan Inam Maniyam Land has seen several revisions over the years. Starting from the 2002 revision, the guideline value was Rs 79 per sq.ft. This increased to Rs 91 per sq.ft in 2003, marking a 15% rise. The value then surged significantly to Rs 500 per sq.ft in 2007, which was a remarkable increase of 449%. In 2012, the value was revised to Rs 1,200 per sq.ft, reflecting a 140% increase from the previous revision. However, this was followed by a decrease to Rs 804 per sq.ft in 2017, representing a decline of 33%.

In the subsequent revisions, the guideline value rose to Rs 1,200 per sq.ft in 2023, an increase of 49% from 2017. The most recent revision in 2024 set the value at Rs 1,320 per sq.ft, which is a 10% increase from the previous year. Overall, from 2002 to 2024, the guideline value has increased by 1571%.

Guideline values in Vanagaram

In Vanagaram, there are 287 streets under the Chennai South Joint I SRO, with guideline values ranging from Rs 770 to Rs 5,500 per sq.ft. The median guideline value in this area is Rs 1,660 per sq.ft, placing the 2024 figure for Shameer Sulthan Inam Maniyam Land below this median.

Stamp duty and registration fee for property in Shameer Sulthan Inam Maniyam Land

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, while the registration fee at 2% would be Rs 26,400. Together, the total cost for stamp duty and registration fee would be Rs 1,18,800. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Shameer Sulthan Inam Maniyam Land?

The Shameer Sulthan Inam Maniyam Land is covered by the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Vanagaram. It serves as a benchmark for determining the stamp duty and registration fees applicable during the registration process. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is registered, the guideline value is compared to the sale price. The higher of the two values is used to calculate the applicable stamp duty and registration fees, ensuring that the transaction is recorded accurately and legally.

Frequently asked questions

What is the current guideline value of Shameer Sulthan Inam Maniyam Land?

The current guideline value of Shameer Sulthan Inam Maniyam Land is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 79 per sq.ft in 2002 to Rs 1,320 per sq.ft in 2024, reflecting an overall increase of 1571% over the years.

What is the land classification for Shameer Sulthan Inam Maniyam Land?

Shameer Sulthan Inam Maniyam Land is classified as Residential Class IV Type - II.

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

The Sub Registrar Office covering Shameer Sulthan Inam Maniyam Land is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. It is essential to use the guideline value to ensure accurate calculations during the registration process.