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

Guideline Value

Corporate

Guideline Value for Throupathi Amman 1st Cross Street (100 ft. Bye-Pass Road)

₹13200/sq.ft.

The guideline value for Throupathi Amman 1st Cross Street (100 Ft. Bye-pass Road) in Velachery village (Velacheri SRO, Chennai zone) is Rs 13200 per sq.ft, effective 1 July 2024. It was Rs 12000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Velachery

Village

Velacheri

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹13200 /sq.ft.
From 1-4-2023 ₹12000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹8040 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042
044-22553736
[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 Throupathi Amman 1st Cross Street (100 Ft. Bye-pass Road)

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

Throupathi Amman 1st Cross Street (100 ft. Bye-Pass Road) guideline value

The current guideline value of Throupathi Amman 1st Cross Street (100 ft. Bye-Pass Road) is Rs 13,200 per sq.ft, effective from 1 July 2024. This street is located in Velachery village, under the Velacheri SRO, and is classified as Commercial Class I Type - I.

How the guideline value of Throupathi Amman 1st Cross Street (100 ft. Bye-Pass Road) has changed

The guideline value for Throupathi Amman 1st Cross Street has seen significant revisions over the years. In the 2017 revision, the value was set at Rs 8,040 per sq.ft. This increased to Rs 12,000 per sq.ft in 2023, marking a 49% increase. The most recent revision in 2024 raised the guideline value further to Rs 13,200 per sq.ft, which is a 10% increase from the previous year.

It is important to note that there are no figures available for this street in the revisions of 2002, 2003, 2007, and 2012. Overall, from 2017 to 2024, the guideline value has increased by 64%.

Guideline values in Velachery

In Velachery, there are 2,691 streets under the Velacheri SRO that carry a 2024 guideline value ranging from Rs 3,300 to Rs 13,200 per sq.ft, with a median value of Rs 4,400 per sq.ft. Throupathi Amman 1st Cross Street's 2024 value is significantly above this median.

Stamp duty and registration fee for property in Throupathi Amman 1st Cross Street (100 ft. Bye-Pass Road)

For a 1,000 sq.ft plot at the current guideline value of Rs 13,200 per sq.ft, the total guideline value would be Rs 1,32,00,000. The stamp duty at 7% would amount to Rs 9,24,000, and the registration fee at 2% would be Rs 2,64,000, making the total fees together Rs 11,88,000. 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 information.

Which Sub Registrar Office covers Throupathi Amman 1st Cross Street (100 ft. Bye-Pass Road)?

The Sub Registrar Office that covers Throupathi Amman 1st Cross Street is the Velacheri Sub Registrar Office, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property transactions in Velachery. It serves as a benchmark for determining the minimum value at which a property can be sold or purchased, ensuring compliance with local regulations.

When a property is registered, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Throupathi Amman 1st Cross Street?

The current guideline value of Throupathi Amman 1st Cross Street (100 ft. Bye-Pass Road) is Rs 13,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 8,040 per sq.ft to Rs 13,200 per sq.ft in 2024, which is a total increase of 64% over these years.

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

For a property valued at Rs 1,32,00,000, the stamp duty would be Rs 9,24,000, and the registration fee would be Rs 2,64,000, totaling Rs 11,88,000.

Which Sub Registrar Office should I visit for transactions in this area?

The Velacheri Sub Registrar Office covers Throupathi Amman 1st Cross Street, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042.

What is the land classification of Throupathi Amman 1st Cross Street?

Throupathi Amman 1st Cross Street is classified as Commercial Class I Type - I, indicating its suitability for commercial activities.