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Guideline Value

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Guideline Value for THANGAM COLONY "ADHI SANKARAR STREET"

₹12100/sq.ft.

The guideline value for Thangam Colony "adhi Sankarar Street" in Villivakkam village (Villivakkam SRO, Chennai zone) is Rs 12100 per sq.ft, effective 1 July 2024. It was Rs 11000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Villivakkam

Village

Villivakkam

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹12100 /sq.ft.
From 1-4-2023 ₹11000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹7370 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹11000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1750 /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)

Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 ( Near By Nolambur Eb Office )
044-29561092
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Thangam Colony "adhi Sankarar Street"

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Thangam Colony "adhi Sankarar Street" guideline value

The current guideline value for Thangam Colony "adhi Sankarar Street" is Rs 12,100 per sq.ft, effective from 1 July 2024. This street is located in Villivakkam village and falls under the Villivakkam SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of Thangam Colony "adhi Sankarar Street" has changed

The guideline value for Thangam Colony "adhi Sankarar Street" has seen significant changes over the years. In 2007, the guideline value was Rs 1,750 per sq.ft, which rose to Rs 11,000 per sq.ft by 2012, marking a substantial increase of 529%. However, it then decreased to Rs 7,370 per sq.ft in 2017, reflecting a decline of 33%. The value further increased to Rs 11,000 per sq.ft in 2023, before reaching the current figure of Rs 12,100 per sq.ft in the 2024 revision, which is a 10% increase from the previous year.

There are no figures available for the revisions in 2002 and 2003 for this street. Overall, the guideline value has increased by 591% from Rs 1,750 per sq.ft in 2007 to Rs 12,100 per sq.ft in 2024.

Guideline values in Villivakkam

In Villivakkam, there are 372 streets under the Villivakkam SRO that carry a 2024 guideline value ranging from Rs 1,600 to Rs 13,200 per sq.ft. The median guideline value for these streets is Rs 4,900 per sq.ft, placing Thangam Colony "adhi Sankarar Street" above this median.

Stamp duty and registration fee for property in Thangam Colony "adhi Sankarar Street"

For a 1,000 sq.ft plot at the current guideline value of Rs 12,100 per sq.ft, the total guideline value would be Rs 1,21,00,000. The stamp duty at 7% would amount to Rs 8,47,000, and the registration fee at 2% would be Rs 2,42,000, bringing the total to Rs 10,89,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thangam Colony "adhi Sankarar Street"?

The Sub Registrar Office that covers Thangam Colony "adhi Sankarar Street" is the Villivakkam Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 (Near By Nolambur Eb Office). You can find your SRO for further assistance.

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

The guideline value is a crucial reference point when buying or selling property in Villivakkam. It is used to determine the stamp duty and registration fees applicable during the registration process. Buyers and sellers should be aware that the guideline value can influence the overall cost of the transaction.

When a property is registered, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for Thangam Colony "adhi Sankarar Street"?

The current guideline value for Thangam Colony "adhi Sankarar Street" is Rs 12,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 1,750 per sq.ft in 2007 to Rs 12,100 per sq.ft in 2024, which is an overall increase of 591%.

What are the other streets in Villivakkam with the same guideline value?

Several other streets in Villivakkam have the same guideline value of Rs 12,100 per sq.ft for 2024, including Thangam Colony "30th STREET", "church Cross Street", and "church Road".

What is the stamp duty for property in Thangam Colony "adhi Sankarar Street"?

The stamp duty for property in Thangam Colony "adhi Sankarar Street" is calculated at 7% of the guideline value. For a 1,000 sq.ft plot, this amounts to Rs 8,47,000.

Where can I find the Sub Registrar Office for Thangam Colony "adhi Sankarar Street"?

The Sub Registrar Office covering Thangam Colony "adhi Sankarar Street" is located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037. You can find more information by visiting the relevant link.