Guideline Value

Corporate

Guideline Value for Sri Vaisnavi Nagar

₹1000/sq.ft.

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

Last updated:

Chengalpattu

Zone

Karanaipuducheri

Village

Gooduvancheri

SRO

Residential Special Type - III
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 Vaisnavi Nagar

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Sri Vaisnavi Nagar guideline value

The current guideline value of Sri Vaisnavi Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024. This area is located in Karanaipuducheri village and falls under the jurisdiction of the Gooduvancheri SRO. The land classification for this street is Residential Special Type - III.

How the guideline value of Sri Vaisnavi Nagar has changed

The guideline value for Sri Vaisnavi Nagar has seen several revisions over the years. In the 2007 revision, the guideline value was set at Rs 200 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in the 2012 revision, marking a 400% increase. However, from 2012 to 2017, there was a decrease of 33%, bringing the value down to Rs 670 per sq.ft. The subsequent revision in 2023 maintained the value at Rs 1,000 per sq.ft, and the same value was retained in the 2024 revision, indicating no change from the previous year.

It is important to note that the register has no figures for the years 2002 and 2003 for this street. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 400%.

Guideline values in Karanaipuducheri

In Karanaipuducheri, there are a total of 108 streets under the Gooduvancheri SRO with a 2024 guideline value range from Rs 400 to Rs 2,239 per sq.ft. The median guideline value for these streets is Rs 802 per sq.ft, placing Sri Vaisnavi Nagar's 2024 value above this median.

Stamp duty and registration fee for property in Sri Vaisnavi 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 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, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Vaisnavi Nagar?

The Sub Registrar Office that covers Sri Vaisnavi Nagar is 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 Karanaipuducheri

The guideline value is a crucial factor during the registration of property transactions in Karanaipuducheri. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a buyer or seller approaches the registration office, the guideline value is used to calculate the applicable fees, ensuring that the transaction is recorded accurately and legally. This process helps maintain transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Sri Vaisnavi Nagar?

The current guideline value of Sri Vaisnavi 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 several times, with the most recent revision in 2024 maintaining the value at Rs 1,000 per sq.ft. The value was Rs 670 per sq.ft in 2017 and Rs 1,000 per sq.ft in 2012.

What are the other streets in Karanaipuducheri?

Other streets in Karanaipuducheri include Sri Vasudeva Nagar, Sri Sathya Sai Nagar Ext-I, Sri Sathya Sai Nagar, Subasri Nagar, Sri Saibaba Nagar, and Subramaniyapuram, with varying guideline values.

What is the stamp duty for properties in Sri Vaisnavi Nagar?

The stamp duty for properties in Sri Vaisnavi Nagar is calculated at 7% of the guideline value. For example, a property valued at Rs 10,00,000 would incur a stamp duty of Rs 70,000.

Where is the Gooduvancheri Sub Registrar Office located?

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