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Guideline Value

Corporate

Guideline Value for Throupathi Amman Koil Lane - 1

₹4400/sq.ft.

The guideline value for Throupathi Amman Koil Lane - 1 in Velachery village (Velacheri SRO, Chennai zone) is Rs 4400 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

Velachery

Village

Velacheri

SRO

Residential Class II 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 ₹2680 /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 Koil Lane - 1

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Throupathi Amman Koil Lane - 1 guideline value

The current guideline value of Throupathi Amman Koil Lane - 1 is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Velachery village, under the Velacheri SRO, and is classified as Residential Class II Type - II.

How the guideline value of Throupathi Amman Koil Lane - 1 has changed

The guideline value for Throupathi Amman Koil Lane - 1 has seen significant changes over the years. In the 2017 revision, the guideline value was set at Rs 2,680 per sq.ft. With the 2024 revision, it has increased to Rs 4,400 per sq.ft, marking a change of +64% from the previous figure.

It is important to note that there are no recorded figures for the years 2023, 2012, 2007, 2003, and 2002 for this street. Thus, the only revisions available are from 2017 and 2024.

Guideline values in Velachery

In Velachery, there are 2,691 streets under the Velacheri SRO, with guideline values ranging from Rs 3,300 to Rs 13,200 per sq.ft. The median guideline value is Rs 4,400 per sq.ft, which is equal to the current guideline value of Throupathi Amman Koil Lane - 1.

Stamp duty and registration fee for property in Throupathi Amman Koil Lane - 1

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000. Together, the total cost would be Rs 3,96,000. Please note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Throupathi Amman Koil Lane - 1?

The Sub Registrar Office covering Throupathi Amman Koil Lane - 1 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 an essential factor used during the registration of property transactions in Velachery. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official documents.

When buying or selling property, the guideline value influences the calculation of stamp duty and registration fees, which are mandatory costs associated with the transfer of property ownership. Buyers should be aware that these fees are based on the higher of the guideline value or the sale price.

Frequently asked questions

What is the current guideline value of Throupathi Amman Koil Lane - 1?

The current guideline value of Throupathi Amman Koil Lane - 1 is Rs 4,400 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 2,680 per sq.ft to Rs 4,400 per sq.ft in 2024, representing a change of +64%.

Are there any years without recorded guideline values for Throupathi Amman Koil Lane - 1?

Yes, the register has no figures for the years 2023, 2012, 2007, 2003, and 2002 for Throupathi Amman Koil Lane - 1.

What are the stamp duty and registration fees for a property in Throupathi Amman Koil Lane - 1?

For a property valued at Rs 44,00,000, the stamp duty would be Rs 3,08,000, and the registration fee would be Rs 88,000, totaling Rs 3,96,000.

Where can I find the Sub Registrar Office for Throupathi Amman Koil Lane - 1?

The Sub Registrar Office for Throupathi Amman Koil Lane - 1 is the Velacheri Sub Registrar Office, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042.