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Guideline Value for UNKNOWN LAYOUT WITH SURVEY NO:127,128/3

₹200/sq.ft.

The guideline value for Unknown Layout With Survey No:127,128/3 in Vellivalam village (Walajabad SRO, Chengalpattu zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Vellivalam

Village

Walajabad

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹134 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹200 /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)

Sriperumbudur Road, Walajabad-631 605
044-27257430
[email protected]

DRO (District Registrar Office)

No.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Unknown Layout With Survey No:127,128/3

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Unknown Layout With Survey No:127,128/3 guideline value

The current guideline value for Unknown Layout With Survey No:127,128/3 is Rs 200 per sq.ft, effective from 1 July 2024. This property is located in Vellivalam village, under the Walajabad SRO, and is classified as Residential Class I Type - I.

How the guideline value of Unknown Layout With Survey No:127,128/3 has changed

Since the 2012 revision, the guideline value for this property has seen various changes. In 2012, the guideline value was Rs 200 per sq.ft, which then decreased to Rs 134 per sq.ft in 2017. Following this, the value increased significantly to Rs 200 per sq.ft in the 2023 revision. The current revision in 2024 maintains this value at Rs 200 per sq.ft, showing no change from the previous year.

From 2017 to 2023, there was a notable increase of 49%. However, the overall change from 2012 to 2024 shows no net change, as the value returned to the same figure of Rs 200 per sq.ft seen in 2012. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Vellivalam

In Vellivalam, there are five streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 351 per sq.ft, with the median value being Rs 200 per sq.ft. The guideline value for Unknown Layout With Survey No:127,128/3 is equal to this median.

Stamp duty and registration fee for property in Unknown Layout With Survey No:127,128/3

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty, charged at 7%, would amount to Rs 14,000, while the registration fee at 2% would be Rs 4,000. Together, the total cost for stamp duty and registration would be Rs 18,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Unknown Layout With Survey No:127,128/3?

The Unknown Layout With Survey No:127,128/3 falls under the jurisdiction of the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Vellivalam. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair value.

When engaging in a property transaction, both the buyer and seller should be aware of the guideline value as it affects the stamp duty and registration fees. These fees are calculated based on the guideline value or the sale price, whichever is higher, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value for Unknown Layout With Survey No:127,128/3?

The current guideline value for Unknown Layout With Survey No:127,128/3 is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2012 to Rs 134 per sq.ft in 2017, then back to Rs 200 per sq.ft in 2023 and 2024. Overall, there has been no change from 2012 to 2024.

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

For a 1,000 sq.ft plot, the total guideline value is Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000 for both fees.

Which office handles the registration for this property?

The Walajabad Sub Registrar Office handles the registration for Unknown Layout With Survey No:127,128/3. It is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.

What is the significance of the guideline value in property transactions?

The guideline value is significant as it determines the minimum registration value for a property, impacting the stamp duty and registration fees. It ensures that property transactions are recorded at a fair value in compliance with local regulations.