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Guideline Value

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Guideline Value for THIRUVALLUVAR KUDIYIRUPPU 20th STREET

₹8200/sq.ft.

The guideline value for Thiruvalluvar Kudiyiruppu 20th 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 20th Street

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THIRUVALLUVAR KUDIYIRUPPU 20th STREET guideline value

The current guideline value of THIRUVALLUVAR KUDIYIRUPPU 20th STREET is Rs 8,200 per sq.ft, effective from 1 July 2024. This street is located in Villivakkam village under the Villivakkam SRO, classified as Residential Class II Type - I.

How the guideline value of THIRUVALLUVAR KUDIYIRUPPU 20th STREET has changed

The guideline value for THIRUVALLUVAR KUDIYIRUPPU 20th STREET has undergone several revisions over the years. In 2007, the guideline value was Rs 5,000 per sq.ft, which increased to Rs 7,500 per sq.ft in 2012, marking a 50% rise. However, it decreased to Rs 5,025 per sq.ft in 2017, reflecting a 33% drop. The value then saw a significant increase to Rs 7,500 per sq.ft in 2023, which was a 49% rise. The latest revision in 2024 set the guideline value at Rs 8,200 per sq.ft, representing a 9% increase from the previous year.

It is important to note that there are no figures available for THIRUVALLUVAR KUDIYIRUPPU 20th STREET in the 2002 and 2003 revisions. Overall, from 2007 to 2024, the guideline value has increased by 64%.

Guideline values in Villivakkam

Villivakkam has a total of 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, placing THIRUVALLUVAR KUDIYIRUPPU 20th STREET above this median.

Stamp duty and registration fee for property in THIRUVALLUVAR KUDIYIRUPPU 20th STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 8,200 per sq.ft, the total guideline value would be Rs 82,00,000. The stamp duty at 7% would amount to Rs 5,74,000, and the registration fee at 2% would be Rs 1,64,000, bringing the total to Rs 7,38,000. 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 THIRUVALLUVAR KUDIYIRUPPU 20th STREET?

The Sub Registrar Office that covers THIRUVALLUVAR KUDIYIRUPPU 20th 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 more information.

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

The guideline value plays a crucial role during property transactions in Villivakkam. It is used to determine the stamp duty and registration fees when buying or selling property. Buyers should be aware that the guideline value is the minimum value considered for these calculations.

When a property is registered, the guideline value or the sale price, whichever is higher, is taken into account for calculating the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of THIRUVALLUVAR KUDIYIRUPPU 20th STREET?

The current guideline value of THIRUVALLUVAR KUDIYIRUPPU 20th 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 changed from Rs 5,000 per sq.ft in 2007 to Rs 8,200 per sq.ft in 2024, marking an overall increase of 64% over the years.

What is the land classification of THIRUVALLUVAR KUDIYIRUPPU 20th STREET?

THIRUVALLUVAR KUDIYIRUPPU 20th STREET is classified as Residential Class II Type - I.

Where can I find the registration office for THIRUVALLUVAR KUDIYIRUPPU 20th STREET?

The registration office for THIRUVALLUVAR KUDIYIRUPPU 20th STREET is the Villivakkam Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

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, a property valued at Rs 82,00,000 would incur a stamp duty of Rs 5,74,000 at 7%.