Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for THIRUMANGALAM ROAD "NAVALAR NAGAR"

₹8200/sq.ft.

The guideline value for Thirumangalam Road "navalar Nagar" in Villivakkam village (Villivakkam SRO, Chennai zone) is Rs 8200 per sq.ft, effective 1 July 2024. It was Rs 7500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Villivakkam

Village

Villivakkam

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹8200 /sq.ft.
From 1-4-2023 ₹7500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹5025 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹7500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1800 /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 Thirumangalam Road "navalar Nagar"

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Thirumangalam Road "navalar Nagar" guideline value

The current guideline value of Thirumangalam Road "navalar Nagar" is Rs 8,200 per sq.ft, effective from 1 July 2024. This area is located in Villivakkam village under the Villivakkam SRO, classified as Residential Class II Type - I.

How the guideline value of Thirumangalam Road "navalar Nagar" has changed

The guideline value for Thirumangalam Road "navalar Nagar" has seen several revisions over the years. The earliest recorded figure is from 2007, which was Rs 1,800 per sq.ft. This value increased significantly to Rs 7,500 per sq.ft in 2012, marking a rise of 317%. However, it then decreased to Rs 5,025 per sq.ft in 2017, a drop of 33%. The value rebounded to Rs 7,500 per sq.ft in 2023, and most recently, it has risen to Rs 8,200 per sq.ft in 2024, reflecting a 9% increase from the previous year.

There are no recorded guideline values for Thirumangalam Road "navalar Nagar" in the years 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 356%.

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 the village is Rs 4,900 per sq.ft, placing Thirumangalam Road "navalar Nagar" above this median.

Stamp duty and registration fee for property in Thirumangalam Road "navalar Nagar"

For a 1,000 sq.ft plot at the current guideline value of Rs 8,200 per sq.ft, the total guideline value amounts to Rs 82,00,000. The stamp duty, charged at 7%, would be Rs 5,74,000, while the registration fee at 2% would be Rs 1,64,000. Together, the total cost for stamp duty and registration would be Rs 7,38,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thirumangalam Road "navalar Nagar"?

The Sub Registrar Office that covers Thirumangalam Road "navalar Nagar" 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 more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Villivakkam. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

Understanding the guideline value helps buyers and sellers ensure compliance with local regulations during property transactions. It is advisable to check the latest figures before proceeding with any transactions to avoid discrepancies.

Frequently asked questions

What is the current guideline value of Thirumangalam Road "navalar Nagar"?

The current guideline value of Thirumangalam Road "navalar Nagar" is Rs 8,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2007 to Rs 8,200 per sq.ft in 2024, reflecting an overall increase of 356% over the years.

What are the guideline values of other streets in Villivakkam?

Other streets in Villivakkam have varying guideline values, with rates ranging from Rs 1,600 to Rs 13,200 per sq.ft. For example, Thirumangalam Road "post Office Street" and THIRUMANGALAM ROAD 2nd STREET both have a guideline value of Rs 8,200 per sq.ft in 2024.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or sale price, whichever is higher, while the registration fee is charged at 2%. For instance, for a property valued at Rs 82,00,000, the total stamp duty and registration fees amount to Rs 7,38,000.

Where can I find the Sub Registrar Office for Thirumangalam Road "navalar Nagar"?

The Sub Registrar Office for Thirumangalam Road "navalar Nagar" is the Villivakkam Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.