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Guideline Value

Corporate

Guideline Value for Throupathi Amman Koil Lane - 6

₹4400/sq.ft.

The guideline value for Throupathi Amman Koil Lane - 6 in Velachery village (Velacheri SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. 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 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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 - 6

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Throupathi Amman Koil Lane - 6 guideline value

The current guideline value of Throupathi Amman Koil Lane - 6 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 - 6 has changed

The guideline value for Throupathi Amman Koil Lane - 6 has seen several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent figures are from the 2023 revision at Rs 4,000 per sq.ft, which increased to Rs 4,400 per sq.ft in the 2024 revision, marking a change of +10%.

Prior to the 2023 revision, the guideline value for this street was not recorded. The 2024 figure of Rs 4,400 per sq.ft aligns with the median value of Rs 4,400 per sq.ft for the 2,691 streets in Velachery under the Velacheri SRO.

Guideline values in Velachery

In Velachery, the guideline values range from Rs 3,300 to Rs 13,200 per sq.ft, with the median being Rs 4,400 per sq.ft. Throupathi Amman Koil Lane - 6's 2024 figure matches this median.

Stamp duty and registration fee for property in Throupathi Amman Koil Lane - 6

For a 1,000 sq.ft plot at the current rate of Rs 4,400 per sq.ft, the 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 Throupathi Amman Koil Lane - 6?

The Sub Registrar Office covering Throupathi Amman Koil Lane - 6 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 information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Velachery. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that the transaction is recorded accurately in accordance with government regulations.

When a buyer or seller engages in a property transaction, the guideline value is used to calculate the applicable fees. This ensures transparency and fairness in the registration process, as it reflects the official value assigned to the property by the authorities.

Frequently asked questions

What is the current guideline value of Throupathi Amman Koil Lane - 6?

The current guideline value of Throupathi Amman Koil Lane - 6 is Rs 4,400 per sq.ft, effective from 1 July 2024.

How much did the guideline value change from 2023 to 2024?

The guideline value changed from Rs 4,000 per sq.ft in 2023 to Rs 4,400 per sq.ft in 2024, representing an increase of +10%.

What is the land classification for Throupathi Amman Koil Lane - 6?

Throupathi Amman Koil Lane - 6 is classified as Residential Class II Type - II.

Where can I find the Velacheri Sub Registrar Office?

The Velacheri Sub Registrar Office is located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042.

What is the median guideline value for streets in Velachery?

The median guideline value for the 2,691 streets in Velachery under the Velacheri SRO is Rs 4,400 per sq.ft, which is also the guideline value for Throupathi Amman Koil Lane - 6.