Guideline Value for VALLAPPAKKAM ROAD
₹750/sq.ft.
The guideline value for Vallappakkam Road in Walajabad village (Walajabad SRO, Chengalpattu zone) is Rs 750 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Walajabad
Village
Walajabad
SRO
Residential Class IV Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹750 /sq.ft. |
| From 1-4-2023 | ₹750 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹502 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹750 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹60 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | ₹22 /sq.ft. |
| From 1-4-2002 To 31-3-2003 | N/A |
Guideline Value Timeline
Guideline Value Comparison
DRO (District Registrar Office)
No.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]
Records for a plot on Vallappakkam Road
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Walajabad sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Vallappakkam Road guideline value
The current guideline value of Vallappakkam Road is Rs 750 per sq.ft, effective from 1 July 2024. This road is located in Walajabad village, which falls under the Walajabad SRO. The land classification for this area is Residential Class IV Type - I.
How the guideline value of Vallappakkam Road has changed
Over the years, the guideline value for Vallappakkam Road has seen several revisions. The earliest recorded figure is from 2003, at Rs 22 per sq.ft. It increased significantly to Rs 60 per sq.ft in 2007, followed by a dramatic rise to Rs 750 per sq.ft in 2012. However, the value dropped to Rs 502 per sq.ft in 2017, before stabilizing at Rs 750 per sq.ft in both the 2023 and 2024 revisions. The register has no figure for the year 2002 for this street.
From 2017 to 2023, the guideline value increased by 49%. The revision from 2012 to 2017 saw a decrease of 33%. The substantial increase from 2007 to 2012 was 1150%, while the rise from 2003 to 2007 was 173%. Overall, from 2003 to 2024, the guideline value has increased by 3309%.
Guideline values in Walajabad
In Walajabad village, there are 196 streets under the Walajabad SRO that carry a 2024 guideline value, ranging from Rs 400 to Rs 2,000 per sq.ft. The median value is Rs 750 per sq.ft, which is equal to the guideline value of Vallappakkam Road.
- Valluvar Srteet: Rs 750 per sq.ft (2024)
- Vaniyar Street: Rs 750 per sq.ft (2024)
- Vanniyar Srteet: Rs 750 per sq.ft (2024)
- Vakkar St: Rs 750 per sq.ft (2024)
- Varasakthi Vinayagar Kovil St: Rs 750 per sq.ft (2024)
- Vaishnavi Nagar: Rs 400 per sq.ft (2024)
Stamp duty and registration fee for property in Vallappakkam Road
For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value amounts to Rs 7,50,000. The stamp duty at 7% would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, bringing the total charges to Rs 67,500. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Vallappakkam Road?
The Sub Registrar Office that covers Vallappakkam Road is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Walajabad
The guideline value is an essential factor in property transactions, as it determines the minimum value at which a property can be registered. When buying or selling property in Walajabad, the guideline value will be used to calculate applicable stamp duty and registration fees.
It is crucial for buyers and sellers to be aware of the guideline value, as it impacts the overall cost of the transaction. Ensuring that the property is registered at or above the guideline value helps maintain transparency and compliance with local regulations.
Frequently asked questions
What is the current guideline value of Vallappakkam Road?
The current guideline value of Vallappakkam Road is Rs 750 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 22 per sq.ft in 2003 to Rs 750 per sq.ft in 2024, with various revisions in between. Notably, there was a significant increase of 1150% from 2007 to 2012.
What is the land classification for Vallappakkam Road?
The land classification for Vallappakkam Road is Residential Class IV Type - I, indicating its suitability for residential development.
What are the stamp duty and registration fees for property in Vallappakkam Road?
The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total charges would be Rs 67,500.
Which office handles property registrations for Vallappakkam Road?
The Walajabad Sub Registrar Office handles property registrations for Vallappakkam Road, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.
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