Guideline Value

Corporate

Guideline Value for Thirukkural 1st Street

₹4400/sq.ft.

The guideline value for Thirukkural 1st Street in Valasaravakkam village (Virugambakkam SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Valasaravakkam

Village

Virugambakkam

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹4000 /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. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Thirukkural 1st 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

Thirukkural 1st Street guideline value

The current guideline value of Thirukkural 1st Street is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Valasaravakkam village, under the Virugambakkam SRO, and is classified as Residential Class I Type - II.

How the guideline value of Thirukkural 1st Street has changed

The guideline value of Thirukkural 1st Street has seen a change from Rs 4,000 per sq.ft in the 2012 revision to Rs 4,400 per sq.ft in the 2024 revision, marking an increase of 10%. There are no figures available for the revisions in the years 2003, 2007, 2017, and 2023.

Prior to the 2012 revision, the guideline value was Rs 4,000 per sq.ft. The register does not provide figures for the years 2002, 2003, 2007, 2017, and 2023 for this street, indicating that the last recorded change before 2012 was not documented.

Guideline values in Valasaravakkam

In Valasaravakkam, the guideline values for 774 streets under the Virugambakkam SRO range from Rs 2,750 to Rs 8,800 per sq.ft, with a median value of Rs 3,850 per sq.ft. Thirukkural 1st Street's 2024 guideline value is above this median, reflecting its positioning within the locality.

Stamp duty and registration fee for property in Thirukkural 1st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, totaling Rs 3,96,000. 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 Thirukkural 1st Street?

The Sub Registrar Office that covers Thirukkural 1st Street is the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for more information.

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

When buying or selling property in Valasaravakkam, the guideline value is essential for determining the stamp duty and registration fees applicable during the transaction. This value serves as a reference point for both buyers and sellers to ensure compliance with local regulations.

The guideline value is used to calculate the total costs associated with property registration. Buyers should be aware that the stamp duty is charged based on the higher of the guideline value or the sale price, ensuring that the correct fees are paid during the registration process.

Frequently asked questions

What is the current guideline value of Thirukkural 1st Street?

The current guideline value of Thirukkural 1st Street is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 4,000 per sq.ft in 2012 to Rs 4,400 per sq.ft in 2024, reflecting a 10% increase. There are no figures available for the revisions in the years 2003, 2007, 2017, and 2023.

What is the land classification for Thirukkural 1st Street?

Thirukkural 1st Street is classified as Residential Class I Type - II. This classification is important for determining the guideline value and applicable regulations.

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

For a property valued at Rs 44,00,000, the stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, totaling Rs 3,96,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Which office handles property registrations for Thirukkural 1st Street?

The Virugambakkam Sub Registrar Office handles property registrations for Thirukkural 1st Street. It is located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.