Guideline Value

Corporate

Guideline Value for Selva Vinayagar Nagar

₹1000/sq.ft.

The guideline value for Selva Vinayagar Nagar in Adhanoor village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Adhanoor

Village

Gooduvancheri

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹534 /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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

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

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Selva Vinayagar Nagar guideline value

The current guideline value of Selva Vinayagar Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024. This area is located in Adhanoor village and falls under the Gooduvancheri SRO. The land classification for this locality is Residential Special Type - I.

How the guideline value of Selva Vinayagar Nagar has changed

Over the years, the guideline value of Selva Vinayagar Nagar has seen several revisions. The 2007 revision recorded a value of Rs 534 per sq.ft, which increased to Rs 1,000 per sq.ft in the 2012 revision, marking an increase of 87%. However, in the 2017 revision, the value decreased to Rs 670 per sq.ft, a decline of 33%. The subsequent revisions in 2023 and 2024 maintained the value at Rs 1,000 per sq.ft, showing no change from 2023 to 2024.

From 2017 to 2023, the guideline value increased by 49%. Overall, from the 2007 revision to the current value in 2024, there has been an increase of 87%. The register does not have figures for the years 2002 and 2003 for this street.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO with a 2024 guideline value ranging from Rs 670 to Rs 3,000 per sq.ft. The median value for these streets is Rs 1,000 per sq.ft, which is equal to the 2024 figure for Selva Vinayagar Nagar. Below are the guideline values for other streets in Adhanoor:

Stamp duty and registration fee for property in Selva Vinayagar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, while the registration fee at 2% would be Rs 20,000, bringing the total to Rs 90,000. 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 details.

Which Sub Registrar Office covers Selva Vinayagar Nagar?

Selva Vinayagar Nagar is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Adhanoor. It serves as a benchmark for determining the stamp duty and registration fees applicable during the transaction. The guideline value helps ensure that the property is registered at a value that reflects its market standing.

When a property is sold, the guideline value is considered alongside the sale price. The higher of the two values is used to calculate the applicable duties and fees, ensuring that the government receives the correct revenue from property transactions.

Frequently asked questions

What is the current guideline value of Selva Vinayagar Nagar?

The current guideline value of Selva Vinayagar Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 534 per sq.ft in 2007 to Rs 1,000 per sq.ft in 2012, then decreased to Rs 670 per sq.ft in 2017, and has remained at Rs 1,000 per sq.ft in 2023 and 2024.

What are the stamp duty and registration fees in Selva Vinayagar Nagar?

For a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000 and the registration fee would be Rs 20,000, totaling Rs 90,000. This is calculated based on the guideline value.

Which Sub Registrar Office covers Selva Vinayagar Nagar?

The Gooduvancheri Sub Registrar Office covers Selva Vinayagar Nagar, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is the guideline value used in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It is compared with the sale price, and the higher value is used for calculating applicable duties and fees.