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Guideline Value

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Guideline Value for THIRUVALLUVAR KUDIYIRUPPU 26th STREET

₹8200/sq.ft.

The guideline value for Thiruvalluvar Kudiyiruppu 26th 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 26th Street

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THIRUVALLUVAR KUDIYIRUPPU 26th STREET guideline value

The current guideline value of THIRUVALLUVAR KUDIYIRUPPU 26th 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 26th STREET has changed

The guideline value for THIRUVALLUVAR KUDIYIRUPPU 26th 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, marking a 50% increase. However, the value then decreased by 33% to Rs 5,025 per sq.ft in 2017. Following this, the value surged to Rs 7,500 per sq.ft in 2023, and currently stands at Rs 8,200 per sq.ft in the 2024 revision, reflecting a 9% increase from the previous year.

From the 2017 revision to the 2023 revision, the value increased by 49%. Overall, from 2007 to 2024, the guideline value has risen by 64%. It is important to note that there are no figures available for the revisions in 2002 and 2003 for this street.

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, making the 2024 value of THIRUVALLUVAR KUDIYIRUPPU 26th STREET above this median.

Stamp duty and registration fee for property in THIRUVALLUVAR KUDIYIRUPPU 26th 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 fees 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.

You can use the stamp duty and registration fee calculator for more details on the fees applicable to your property.

Which Sub Registrar Office covers THIRUVALLUVAR KUDIYIRUPPU 26th STREET?

The Sub Registrar Office that covers THIRUVALLUVAR KUDIYIRUPPU 26th STREET is the Villivakkam Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near 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 factor during the registration of property transactions in Villivakkam. It helps determine the stamp duty and registration fees that need to be paid, ensuring that the government receives appropriate revenue from property sales.

Frequently asked questions

What is the current guideline value of THIRUVALLUVAR KUDIYIRUPPU 26th STREET?

The current guideline value of THIRUVALLUVAR KUDIYIRUPPU 26th 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. This shows an overall increase of 64% from 2007 to 2024.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 82,00,000, the stamp duty would be Rs 5,74,000 and the registration fee would be Rs 1,64,000, totaling Rs 7,38,000. The duty is charged on the higher of the guideline value or the sale price.

Which Sub Registrar Office covers this street?

The Villivakkam Sub Registrar Office covers THIRUVALLUVAR KUDIYIRUPPU 26th STREET, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

What is the land classification of THIRUVALLUVAR KUDIYIRUPPU 26th STREET?

THIRUVALLUVAR KUDIYIRUPPU 26th STREET is classified as Residential Class II Type - I.