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Guideline Value

Corporate

Guideline Value for Throupathi Amman Koil Street

₹4400/sq.ft.

The guideline value for Throupathi Amman Koil Street 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 Street

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Throupathi Amman Koil Street guideline value

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

How the guideline value of Throupathi Amman Koil Street has changed

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

Prior to the 2023 revision, there were no recorded figures for this street in the register for the years mentioned. The current value of Rs 4,400 per sq.ft aligns with the median guideline value for 2691 streets in Velachery, which ranges from Rs 3,300 to Rs 13,200 per sq.ft.

Guideline values in Velachery

In Velachery, the guideline values for various streets reflect a diverse range, with the median value being Rs 4,400 per sq.ft. Throupathi Amman Koil Street's current guideline value matches this median. Below are the guideline values for other streets in Velachery:

Stamp duty and registration fee for property in Throupathi Amman Koil Street

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, totaling Rs 3,96,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Throupathi Amman Koil Street?

The Sub Registrar Office that covers Throupathi Amman Koil 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 information.

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

The guideline value is crucial when registering property transactions in Velachery. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction process.

When you buy or sell property, the guideline value ensures that the transaction is recorded accurately, reflecting the legal value of the property. This is essential for ensuring compliance with local regulations and for the proper documentation of property ownership.

Frequently asked questions

What is the current guideline value of Throupathi Amman Koil Street?

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

How much has the guideline value changed recently?

The guideline value increased from Rs 4,000 per sq.ft in 2023 to Rs 4,400 per sq.ft in 2024, which is a change of +10%.

Which Sub Registrar Office is responsible for Throupathi Amman Koil Street?

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

What are the stamp duty and registration fees for property in Throupathi Amman Koil Street?

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.

How is the guideline value determined in Velachery?

The guideline value in Velachery is determined by the Registration Department's guideline value register, which reflects the market conditions and property classifications in the area.