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

Guideline Value

Corporate

Guideline Value for THIRUVALLUVAR KUDIYIRUPPU 25th STREET

₹8200/sq.ft.

The guideline value for Thiruvalluvar Kudiyiruppu 25th 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 25th Street

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

THIRUVALLUVAR KUDIYIRUPPU 25th STREET guideline value

The current guideline value of THIRUVALLUVAR KUDIYIRUPPU 25th 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 is classified as Residential Class II Type - I.

How the guideline value of THIRUVALLUVAR KUDIYIRUPPU 25th STREET has changed

The guideline value for THIRUVALLUVAR KUDIYIRUPPU 25th STREET has seen several revisions over the years. The 2007 revision set the value at Rs 5,000 per sq.ft, which increased to Rs 7,500 per sq.ft in 2012. However, it then decreased to Rs 5,025 per sq.ft in 2017. The value rose significantly to Rs 7,500 per sq.ft in 2023, and currently stands at Rs 8,200 per sq.ft as per the 2024 revision.

In terms of percentage changes, from 2007 to 2012, the value increased by 50%, but then dropped by 33% from 2012 to 2017. The value saw a substantial rise of 49% from 2017 to 2023, followed by a 9% increase from 2023 to 2024. 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 this area is Rs 4,900 per sq.ft, placing THIRUVALLUVAR KUDIYIRUPPU 25th STREET's 2024 figure above this median.

Stamp duty and registration fee for property in THIRUVALLUVAR KUDIYIRUPPU 25th STREET

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, and the registration fee at 2% would be Rs 1,64,000, making the total cost of duty and fees 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.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers THIRUVALLUVAR KUDIYIRUPPU 25th STREET?

The THIRUVALLUVAR KUDIYIRUPPU 25th STREET falls under the jurisdiction of the Villivakkam Sub Registrar Office. The address for this office is Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, which is near the Nolambur Eb Office. You can find your SRO for more information.

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

When buying or selling property in Villivakkam, the guideline value serves as a benchmark for determining the registration fees and stamp duty. It is crucial for both buyers and sellers to be aware of this value as it directly impacts the overall cost of the transaction.

The guideline value is used by the registration authorities to calculate the applicable stamp duty and registration fees, ensuring that the transaction is legally compliant and properly documented.

Frequently asked questions

What is the current guideline value of THIRUVALLUVAR KUDIYIRUPPU 25th STREET?

The current guideline value of THIRUVALLUVAR KUDIYIRUPPU 25th STREET is Rs 8,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly from Rs 5,000 per sq.ft in 2007 to Rs 8,200 per sq.ft in 2024, reflecting an overall increase of 64% over this period.

What is the land classification for THIRUVALLUVAR KUDIYIRUPPU 25th STREET?

THIRUVALLUVAR KUDIYIRUPPU 25th STREET is classified as Residential Class II Type - I.

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 this area?

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