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Guideline Value

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Guideline Value for VANAVIL S.K.AVENUE PART - VII

₹1980/sq.ft.

The guideline value for Vanavil S.k.avenue Part - Vii in Naduveerapattu village (Padappai SRO, Chennai zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class V Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Naduveerapattu

Village

Padappai

SRO

Residential Class V Type - II
History
Period Guideline Value
From 1-7-2024 ₹1980 /sq.ft.
From 1-4-2023 ₹1800 /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)

3/158, Pushpagiri Main Rd, Padappai - 601 301.
044-27174392
[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 Vanavil S.k.avenue Part - Vii

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Vanavil S.K.Avenue Part - VII guideline value

The current guideline value of Vanavil S.K.Avenue Part - VII is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Naduveerapattu village and falls under the Padappai SRO, classified as Residential Class V Type - II.

How the guideline value of Vanavil S.K.Avenue Part - VII has changed

In the 2023 revision, the guideline value for Vanavil S.K.Avenue Part - VII was Rs 1,800 per sq.ft. The increase from 2023 to 2024 is 10%, resulting in the current value of Rs 1,980 per sq.ft. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017.

Prior to the 2023 revision, there were no recorded figures for Vanavil S.K.Avenue Part - VII in the guideline value register. The most recent revision reflects a significant adjustment in the value, aligning it with the updated rates for the area.

Guideline values in Naduveerapattu

Naduveerapattu consists of 96 streets under the Padappai SRO, with 2024 guideline values ranging from Rs 330 to Rs 2,500 per sq.ft. The median value for the area is Rs 660 per sq.ft, placing Vanavil S.K.Avenue Part - VII above this median.

Stamp duty and registration fee for property in Vanavil S.K.Avenue Part - VII

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value amounts to Rs 19,80,000. The stamp duty at 7% would be Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, bringing the total to Rs 1,78,200. 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 Vanavil S.K.Avenue Part - VII?

The Sub Registrar Office covering Vanavil S.K.Avenue Part - VII is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. You can find your SRO for additional information.

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

When buying or selling property in Naduveerapattu, the guideline value is essential for determining the stamp duty and registration fees. The value is set by the government and is used to calculate the taxes payable during the registration process.

It is crucial for buyers and sellers to be aware of the guideline value as it affects the overall cost of the transaction. Ensuring that the sale price meets or exceeds the guideline value is necessary to avoid complications during registration.

Frequently asked questions

What is the current guideline value of Vanavil S.K.Avenue Part - VII?

The current guideline value of Vanavil S.K.Avenue Part - VII is Rs 1,980 per sq.ft, effective from 1 July 2024.

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

The guideline value increased by 10% from Rs 1,800 per sq.ft in 2023 to Rs 1,980 per sq.ft in 2024.

Are there any years without a recorded guideline value for this street?

Yes, the register has no figure for Vanavil S.K.Avenue Part - VII for the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value in Naduveerapattu?

The median guideline value in Naduveerapattu is Rs 660 per sq.ft, with Vanavil S.K.Avenue Part - VII being above this median.

Where can I find the registration office for Vanavil S.K.Avenue Part - VII?

The registration office for Vanavil S.K.Avenue Part - VII is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.