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Guideline Value

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Guideline Value for SRI DEVI NAGAR VIJAYARAGAVAN ST

₹935/sq.ft.

The guideline value for Sri Devi Nagar Vijayaragavan St in Vilingiyambakkam village (Avadi SRO, Chennai zone) is Rs 935 per sq.ft, effective 1 July 2024. It was Rs 850 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vilingiyambakkam

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹935 /sq.ft.
From 1-4-2023 ₹850 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹569 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹850 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹350 /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)

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 Sri Devi Nagar Vijayaragavan St

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Sri Devi Nagar Vijayaragavan St guideline value

The current guideline value for Sri Devi Nagar Vijayaragavan St is Rs 935 per sq.ft, effective from 1 July 2024. This street is located in Vilingiyambakkam village under the Avadi SRO, classified as Residential Class II Type - II.

How the guideline value of Sri Devi Nagar Vijayaragavan St has changed

The guideline value for Sri Devi Nagar Vijayaragavan St has undergone several revisions over the years. The earliest available figure is from 2007, which was Rs 350 per sq.ft. This value increased significantly to Rs 850 per sq.ft in 2012, marking a 143% rise. However, it then decreased to Rs 569 per sq.ft in 2017, reflecting a 33% drop. From 2017 to 2023, the value surged to Rs 850 per sq.ft, a 49% increase, before reaching the current value of Rs 935 per sq.ft in 2024, which is a 10% rise.

There are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 167%.

Guideline values in Vilingiyambakkam

In Vilingiyambakkam, there are 252 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 800 to Rs 4,400 per sq.ft. The median value is Rs 935 per sq.ft, which is the same as the current guideline value for Sri Devi Nagar Vijayaragavan St.

Stamp duty and registration fee for property in Sri Devi Nagar Vijayaragavan St

For a 1,000 sq.ft plot at the current guideline value of Rs 935 per sq.ft, the total guideline value would be Rs 9,35,000. The stamp duty at 7% would be Rs 65,450, and the registration fee at 2% would be Rs 18,700, bringing the total cost for these fees to Rs 84,150. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Sri Devi Nagar Vijayaragavan St?

The Sub Registrar Office that covers Sri Devi Nagar Vijayaragavan St is the Avadi Sub Registrar Office. The address is 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 is an essential reference point during property transactions in Vilingiyambakkam. It is used to calculate the stamp duty and registration fees, ensuring that both the buyer and seller comply with the local regulations.

When buying or selling property, the guideline value helps determine the official value of the property for registration purposes. This ensures transparency in the transaction process and helps in the assessment of taxes due.

Frequently asked questions

What is the current guideline value for Sri Devi Nagar Vijayaragavan St?

The current guideline value for Sri Devi Nagar Vijayaragavan St is Rs 935 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 350 per sq.ft in 2007 to Rs 935 per sq.ft in 2024, which is an overall increase of 167%.

What is the registration office for Sri Devi Nagar Vijayaragavan St?

The registration office for Sri Devi Nagar Vijayaragavan St 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 are the stamp duty and registration fees for a property in this area?

For a 1,000 sq.ft property at the current guideline value, the total stamp duty would be Rs 65,450, and the registration fee would be Rs 18,700, totaling Rs 84,150.

How is the guideline value determined for properties in Vilingiyambakkam?

The guideline value for properties in Vilingiyambakkam is determined by the Registration Department's guideline value register, which is revised periodically to reflect changes in the real estate market.