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Guideline Value for Sri Gayathri Co.op Mega Nagar

₹1000/sq.ft.

The guideline value for Sri Gayathri Co.op Mega 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 ₹200 /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 Sri Gayathri Co.op Mega Nagar

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Sri Gayathri Co.op Mega Nagar guideline value

The current guideline value of Sri Gayathri Co.op Mega Nagar is Rs 1,000 per sq.ft. This property is located in Adhanoor village, under the Gooduvancheri SRO, and is classified as Residential Special Type - I.

How the guideline value of Sri Gayathri Co.op Mega Nagar has changed

The guideline value for Sri Gayathri Co.op Mega Nagar has undergone several revisions over the years. The earliest recorded figure is from 2007, which was Rs 200 per sq.ft. This increased to Rs 1,000 per sq.ft in the 2012 revision, marking a significant rise of 400%. However, in the 2017 revision, the value decreased to Rs 670 per sq.ft, reflecting a drop of 33%. The value then rose again to Rs 1,000 per sq.ft in both the 2023 and 2024 revisions, with no change between these two years.

It is important to note that the guideline value register does not have figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 400%.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO that carry 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 current guideline value of Sri Gayathri Co.op Mega Nagar.

Stamp duty and registration fee for property in Sri Gayathri Co.op Mega Nagar

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

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Gayathri Co.op Mega Nagar?

The Sri Gayathri Co.op Mega 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 details.

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

The guideline value plays a crucial role during the registration of property transactions in Adhanoor. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the state receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value helps in establishing a fair transaction price. Buyers should be aware that the stamp duty and registration fees are based on the higher of the guideline value or the actual sale price, which can impact the overall costs involved in the transaction.

Frequently asked questions

What is the current guideline value of Sri Gayathri Co.op Mega Nagar?

The current guideline value of Sri Gayathri Co.op Mega 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 seen several revisions, with the most recent being Rs 1,000 per sq.ft in both 2023 and 2024. The value was Rs 670 per sq.ft in 2017, and Rs 1,000 per sq.ft in 2012, with earlier values being Rs 200 per sq.ft in 2007.

Where can I find the registration office for properties in Adhanoor?

The registration office for properties in Adhanoor is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

What are the stamp duty and registration fees for a property in Sri Gayathri Co.op Mega Nagar?

For a property measuring 1,000 sq.ft at the current guideline value, the total guideline value is Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, totaling Rs 90,000.

How is the guideline value determined for properties in Adhanoor?

The guideline value is determined by the Registration Department and is based on various factors, including property classification and location. It serves as a benchmark for property transactions, ensuring that the state receives appropriate revenue from stamp duties and registration fees.