Guideline Value

Corporate

Guideline Value for Sangeetha Nagar

₹770/sq.ft.

The guideline value for Sangeetha Nagar in Vilangadupakkam village (Redhills SRO, Chennai zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vilangadupakkam

Village

Redhills

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹770 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹700 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /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, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[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 Sangeetha Nagar

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Sangeetha Nagar guideline value

The current guideline value of Sangeetha Nagar, located in Vilangadupakkam village under the Redhills SRO, is Rs 770 per sq.ft as per the 2024 revision effective from 1 July 2024. The land classification for this area is Residential Class I Type - I.

How the guideline value of Sangeetha Nagar has changed

The guideline value for Sangeetha Nagar has seen several revisions over the years. The 2007 revision set the value at Rs 500 per sq.ft, which increased to Rs 700 per sq.ft in 2012, marking a 40% increase. However, in 2017, the value dropped to Rs 469 per sq.ft, reflecting a decrease of 33%. Following this, the 2023 revision raised the value to Rs 700 per sq.ft, and the most recent 2024 revision has increased it further to Rs 770 per sq.ft, a rise of 10% from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 54%. It is important to note that the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Vilangadupakkam

In Vilangadupakkam, there are 160 streets under the Redhills SRO that carry a 2024 guideline value, ranging from Rs 365 to Rs 1,792 per sq.ft. The median guideline value for the village is Rs 440 per sq.ft, placing Sangeetha Nagar's value above this median.

Stamp duty and registration fee for property in Sangeetha Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value would be Rs 7,70,000. The stamp duty at 7% would amount to Rs 53,900, and the registration fee at 2% would be Rs 15,400, bringing the total to Rs 69,300. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Sangeetha Nagar?

The Sub Registrar Office that covers Sangeetha Nagar is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Vilangadupakkam. It serves as a benchmark for calculating the stamp duty and registration fees that buyers and sellers must pay during the transaction process.

When a property is sold, the guideline value ensures that the transaction is recorded accurately and transparently. This value helps maintain consistency in property transactions and provides a standard reference point for both buyers and sellers.

Frequently asked questions

What is the current guideline value of Sangeetha Nagar?

The current guideline value of Sangeetha Nagar is Rs 770 per sq.ft as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2007 to Rs 770 per sq.ft in 2024, reflecting an overall increase of 54% over the years.

What are the other streets in Vilangadupakkam with their guideline values?

Other streets in Vilangadupakkam include Sapthagirivasa Nagar and Sapthagirivasa Nagar II at Rs 440 per sq.ft, Saraswathi Nagar and Saravanan Nagar at Rs 550 per sq.ft, Sakthi Nagar at Rs 440 per sq.ft, and Sai Avenue at Rs 747 per sq.ft as per the 2024 revision.

What is the registration fee for property in Sangeetha Nagar?

The registration fee for a property in Sangeetha Nagar is calculated based on the guideline value, which is Rs 770 per sq.ft. For example, for a 1,000 sq.ft plot, the registration fee would be Rs 15,400.

Where is the Sub Registrar Office for Sangeetha Nagar located?

The Sub Registrar Office covering Sangeetha Nagar is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.