Guideline Value

Corporate

Guideline Value for THIRUVALLUVAR NAGAR

₹200/sq.ft.

The guideline value for Thiruvalluvar Nagar in Venmanamputhur village (Tiruvallur Joint 1 SRO, Chennai zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Venmanamputhur

Village

Tiruvallur Joint 1

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹134 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹200 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.
044-27666992
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Nagar

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Thiruvalluvar Nagar guideline value

The current guideline value for Thiruvalluvar Nagar, located in Venmanamputhur village under the Tiruvallur Joint 1 SRO, is Rs 200 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Class II Type - II.

How the guideline value of Thiruvalluvar Nagar has changed

Over the years, the guideline value of Thiruvalluvar Nagar has seen several revisions. The 2012 revision set the value at Rs 200 per sq.ft, which remained unchanged until the 2017 revision when it dropped to Rs 134 per sq.ft. This was followed by a significant increase to Rs 200 per sq.ft in the 2023 revision. The 2024 revision has maintained this value, showing no change from the previous year.

Looking at the changes between revisions, from 2017 to 2023, there was an increase of 49%. However, from 2012 to 2017, the value decreased by 33%. Overall, comparing the 2012 and 2024 revisions, there has been no change in the guideline value.

Guideline values in Venmanamputhur

In Venmanamputhur, there are 54 streets under the Tiruvallur Joint 1 SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 400 per sq.ft. The median value is Rs 200 per sq.ft, which is equal to the current guideline value for Thiruvalluvar Nagar. Below are other streets in Venmanamputhur:

Stamp duty and registration fee for property in Thiruvalluvar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, leading to a total of Rs 18,000. 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 further calculations.

Which Sub Registrar Office covers Thiruvalluvar Nagar?

The Sub Registrar Office that covers Thiruvalluvar Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Venmanamputhur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in property transactions.

When a property is sold, the guideline value is used to calculate stamp duty and registration fees. Buyers must be aware that these fees are calculated based on the higher value between the guideline value and the actual sale price, which can impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value for Thiruvalluvar Nagar?

The current guideline value for Thiruvalluvar Nagar is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the most recent being Rs 200 per sq.ft in both 2023 and 2024. It was Rs 134 per sq.ft in 2017 and Rs 200 per sq.ft in 2012.

What are the other streets in Venmanamputhur with their guideline values?

Other streets in Venmanamputhur include Thirumurugan Nagar/Avenue at Rs 200 per sq.ft, Thirumalai Nagar at Rs 250 per sq.ft, and T.N.E.B. Nagar at Rs 250 per sq.ft, among others.

What is the registration fee for property in Thiruvalluvar Nagar?

The registration fee is calculated based on the guideline value. For a property valued at Rs 2,00,000, the registration fee would be Rs 4,000 at a rate of 2%.

Where can I find the Sub Registrar Office for Thiruvalluvar Nagar?

The Sub Registrar Office for Thiruvalluvar Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.