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Guideline Value

Corporate

Guideline Value for VANCHINATHAN NAGAR (KOD)

₹551/sq.ft.

The guideline value for Vanchinathan Nagar (kod) in Kadampur village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 551 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kadampur

Village

Chengleput Joint II

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹551 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Vanchinathan Nagar (kod)

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Vanchinathan Nagar (Kod) guideline value

The current guideline value of Vanchinathan Nagar (Kod) is Rs 551 per sq.ft. This area is located in Kadampur village and falls under the Chengleput Joint II SRO. The land classification is Residential Class I Type - I.

How the guideline value of Vanchinathan Nagar (Kod) has changed

The guideline value for Vanchinathan Nagar (Kod) has seen several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which was then reduced to Rs 335 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 500 per sq.ft, and the most recent 2024 revision has set it at Rs 551 per sq.ft. It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, it increased significantly by 49%. The overall change from 2012 to 2024 reflects a 10% increase, with the latest revision marking a 10% rise from the previous year's value.

Guideline values in Kadampur

In Kadampur village, there are 44 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 385 to Rs 2,200 per sq.ft. The median value is Rs 551 per sq.ft, which aligns with the guideline value of Vanchinathan Nagar (Kod).

Stamp duty and registration fee for property in Vanchinathan Nagar (Kod)

For a 1,000 sq.ft plot at the current guideline value of Rs 551 per sq.ft, the total guideline value amounts to Rs 5,51,000. The stamp duty, calculated at 7%, comes to Rs 38,570, while the registration fee at 2% is Rs 11,020. In total, the fees would amount to Rs 49,590. It is important to 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 further calculations.

Which Sub Registrar Office covers Vanchinathan Nagar (Kod)?

The Sub Registrar Office that covers Vanchinathan Nagar (Kod) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor in property transactions in Kadampur. It serves as a benchmark for determining the minimum price at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices to ensure compliance with registration requirements.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Vanchinathan Nagar (Kod)?

The current guideline value of Vanchinathan Nagar (Kod) is Rs 551 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then to Rs 500 per sq.ft in 2023, and finally to Rs 551 per sq.ft in 2024. There are no figures available for the years 2002, 2003, and 2007 for this street.

What are the stamp duty and registration fees for properties in Vanchinathan Nagar (Kod)?

For a property valued at Rs 5,51,000, the stamp duty is Rs 38,570 and the registration fee is Rs 11,020, totaling Rs 49,590. These fees are based on the current guideline value.

Which Sub Registrar Office covers this area?

The Chengleput Joint II Sub Registrar Office covers Vanchinathan Nagar (Kod), located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

What is the median guideline value for Kadampur village?

The median guideline value for Kadampur village is Rs 551 per sq.ft, which is the same as the current guideline value for Vanchinathan Nagar (Kod).