Guideline Value for V O CHIDAMBARANAR NAGAR

V O Chidambaranar Nagar guideline value

The current guideline value of V O Chidambaranar Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024. This street is located in Adhanoor village under the Gooduvancheri SRO, classified as Residential Special Type - I.

How the guideline value of V O Chidambaranar Nagar has changed

The guideline value for V O Chidambaranar Nagar has seen several revisions over the years. The most recent revisions show that the guideline value was Rs 1,000 per sq.ft in both 2023 and 2024, indicating no change between these two years. The previous revision in 2017 set the value at Rs 670 per sq.ft, marking a significant increase of 49% to the current value.

For the years 2002, 2003, 2007, and 2012, the register has no figure for this street. Overall, from 2017 to 2024, the guideline value has increased by 49%.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO that carry a guideline value for 2024, ranging from Rs 670 to Rs 3,000 per sq.ft. The median value for these streets is Rs 1,000 per sq.ft, which is the same as the guideline value for V O Chidambaranar Nagar.

• Venkatesh Nagar: Rs 1,000 per sq.ft (2024)
• Velan Nagar: Rs 1,000 per sq.ft (2024)
• Vedachalam Nagar: Rs 1,000 per sq.ft (2024)
• Vatchala Garden Phase -II: Rs 1,000 per sq.ft (2024)
• Vatchala Garden II: Rs 1,000 per sq.ft (2024)
• Vatchala Garden: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in V O Chidambaranar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, totaling Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers V O Chidambaranar Nagar?

The Sub Registrar Office that covers V O Chidambaranar Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Adhanoor. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property in the area.

When selling property, the guideline value helps establish the minimum price at which the property can be registered. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of V O Chidambaranar Nagar?

The current guideline value of V O Chidambaranar Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 670 per sq.ft in 2017 to Rs 1,000 per sq.ft in both 2023 and 2024, which is a 49% increase overall from 2017 to 2024.

What is the median guideline value for streets in Adhanoor?

The median guideline value for streets in Adhanoor is Rs 1,000 per sq.ft, which is the same as the guideline value for V O Chidambaranar Nagar.

What are the stamp duty and registration fees for properties in V O Chidambaranar Nagar?

For a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000 and the registration fee would be Rs 20,000, totaling Rs 90,000.

Which Sub Registrar Office should I contact for V O Chidambaranar Nagar?

The Gooduvancheri Sub Registrar Office covers V O Chidambaranar Nagar, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.