Guideline Value

Corporate

Guideline Value for SRI VAITHAMANIDHI NAGAR

₹103/sq.ft.

The guideline value for Sri Vaithamanidhi Nagar in Orakadamagadevimangalam village (Sunguvarchattram SRO, Chengalpattu zone) is Rs 103 per sq.ft, effective 1 July 2024. It was Rs 100 per sq.ft from 1 April 2023, a 3% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Orakadamagadevimangalam

Village

Sunguvarchattram

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹103 /sq.ft.
From 1-4-2023 ₹100 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
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)

Vadivamal Nagar Kandigai Road Caparo Company Opp,sunguvarchatram
044_29592196
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sri Vaithamanidhi Nagar

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Sri Vaithamanidhi Nagar guideline value

The current guideline value of Sri Vaithamanidhi Nagar is Rs 103 per sq.ft, effective from 1 July 2024. This street is located in Orakadamagadevimangalam village, under the Sunguvarchattram SRO, and is classified as Residential Class I Type - I.

How the guideline value of Sri Vaithamanidhi Nagar has changed

As per the guideline value register, there are no figures available for Sri Vaithamanidhi Nagar for the years 2002, 2003, 2007, 2012, and 2017. The most recent revisions show that the guideline value was Rs 100 per sq.ft in 2023, which increased by 3% to Rs 103 per sq.ft in 2024.

The 2024 revision reflects a steady increase in the guideline value for this street, aligning it with the median value of Rs 103 per sq.ft for the village. The previous revision in 2023 marked a value of Rs 100 per sq.ft, indicating a positive change in the guideline value over the last year.

Guideline values in Orakadamagadevimangalam

In Orakadamagadevimangalam, there are 12 streets under the Sunguvarchattram SRO that carry a 2024 guideline value ranging from Rs 101 to Rs 300 per sq.ft. The guideline value of Sri Vaithamanidhi Nagar matches the median value of Rs 103 per sq.ft for the village.

Stamp duty and registration fee for property in Sri Vaithamanidhi Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 103 per sq.ft, the total guideline value amounts to Rs 1,03,000. The stamp duty at 7% would be Rs 7,210, and the registration fee at 2% would be Rs 2,060, totaling Rs 9,270. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more details on fees applicable to your property.

Which Sub Registrar Office covers Sri Vaithamanidhi Nagar?

The Sub Registrar Office that covers Sri Vaithamanidhi Nagar is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Orakadamagadevimangalam. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented accurately and fairly.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both the buyer and seller are aware of the financial obligations involved in the property transaction.

Frequently asked questions

What is the current guideline value of Sri Vaithamanidhi Nagar?

The current guideline value of Sri Vaithamanidhi Nagar is Rs 103 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sri Vaithamanidhi Nagar was Rs 100 per sq.ft in 2023 and increased by 3% to Rs 103 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Sri Vaithamanidhi Nagar?

Sri Vaithamanidhi Nagar is classified as Residential Class I Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for properties in Sri Vaithamanidhi Nagar?

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For example, for a 1,000 sq.ft plot valued at Rs 1,03,000, the total fees would amount to Rs 9,270.

Where can I find the Sub Registrar Office for Sri Vaithamanidhi Nagar?

The Sub Registrar Office for Sri Vaithamanidhi Nagar is located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find more information about your SRO online.