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Guideline Value

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Guideline Value for THIRUVALLUVAR KUDIYIRUPPU 18th STREET

₹8200/sq.ft.

The guideline value for Thiruvalluvar Kudiyiruppu 18th Street 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 ₹5000 /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 Thiruvalluvar Kudiyiruppu 18th Street

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THIRUVALLUVAR KUDIYIRUPPU 18th STREET guideline value

The current guideline value for THIRUVALLUVAR KUDIYIRUPPU 18th STREET is Rs 8,200 per sq.ft, effective from 1 July 2024. This street is located in Villivakkam village under the Villivakkam SRO, and it falls under the Residential Class II Type - I land classification.

How the guideline value of THIRUVALLUVAR KUDIYIRUPPU 18th STREET has changed

The guideline value for THIRUVALLUVAR KUDIYIRUPPU 18th STREET has seen several revisions over the years. In 2007, the value was Rs 5,000 per sq.ft, which increased to Rs 7,500 per sq.ft in 2012. However, this was a decrease of 33% from the previous value. The value remained the same in 2012 and 2023, where it was again Rs 7,500 per sq.ft. In 2017, the value increased significantly to Rs 5,025 per sq.ft, marking a 49% increase from the 2012 figure. The most recent revision in 2024 set the value at Rs 8,200 per sq.ft, reflecting a 9% increase from the 2023 revision.

It is important to note that the register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 64%.

Guideline values in Villivakkam

In Villivakkam, there are 372 streets under the Villivakkam SRO, with guideline values ranging from Rs 1,600 to Rs 13,200 per sq.ft. The median guideline value in the village is Rs 4,900 per sq.ft, making the 2024 figure for THIRUVALLUVAR KUDIYIRUPPU 18th STREET above this median.

Stamp duty and registration fee for property in THIRUVALLUVAR KUDIYIRUPPU 18th STREET

For a 1,000 sq.ft plot at the current rate of Rs 8,200 per sq.ft, the guideline value amounts to Rs 82,00,000. The stamp duty at 7% would be Rs 5,74,000, and the registration fee at 2% would be Rs 1,64,000, bringing the total to 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 further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers THIRUVALLUVAR KUDIYIRUPPU 18th STREET?

The THIRUVALLUVAR KUDIYIRUPPU 18th STREET is covered by 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 details.

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

The guideline value is an essential factor in property transactions in Villivakkam. It serves as a reference point for determining the stamp duty and registration fees payable during the registration of property transactions.

Frequently asked questions

What is the current guideline value for THIRUVALLUVAR KUDIYIRUPPU 18th STREET?

The current guideline value for THIRUVALLUVAR KUDIYIRUPPU 18th STREET 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 undergone several revisions, increasing from Rs 5,000 per sq.ft in 2007 to Rs 8,200 per sq.ft in 2024, which is an overall increase of 64% over the years.

What is the land classification for THIRUVALLUVAR KUDIYIRUPPU 18th STREET?

THIRUVALLUVAR KUDIYIRUPPU 18th STREET falls under the Residential Class II Type - I land classification.

Where can I find the Villivakkam Sub Registrar Office?

The Villivakkam Sub Registrar Office is located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office.

How is the stamp duty calculated for properties in Villivakkam?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 82,00,000, the stamp duty would be Rs 5,74,000 at a rate of 7%.