Guideline Value

Corporate

Guideline Value for VARADARAJA NAGAR

₹154/sq.ft.

The guideline value for Varadaraja Nagar in Eagattur village (Manavalanagar SRO, Chennai zone) is Rs 154 per sq.ft, effective 1 July 2024. It was Rs 150 per sq.ft from 1 April 2023, a 3% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Eagattur

Village

Manavalanagar

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹154 /sq.ft.
From 1-4-2023 ₹150 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹100 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹150 /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)

Sub Registrar Office, Thandalam Main Road, Nungambakkam Village, Manavalanagar-602002
044_29595957
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Varadaraja Nagar

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Varadaraja Nagar guideline value

The current guideline value of Varadaraja Nagar is Rs 154 per sq.ft, effective from 1 July 2024. This area is located in Eagattur village and falls under the Manavalanagar SRO, classified as Residential Class II Type - I.

How the guideline value of Varadaraja Nagar has changed

Since the 2012 revision, the guideline value for Varadaraja Nagar has seen various changes. In 2012, the value was Rs 150 per sq.ft, which decreased to Rs 100 per sq.ft in 2017, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly by 50% to reach Rs 150 per sq.ft. The latest revision in 2024 has raised the guideline value to Rs 154 per sq.ft, reflecting a 3% increase from the previous year.

The register has no figures for the years 2002, 2003, and 2007 for this street. Therefore, the most recent figures are from 2012, 2017, 2023, and 2024.

Guideline values in Eagattur

In Eagattur, there are 31 streets under the Manavalanagar SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 330 per sq.ft, with a median value of Rs 190 per sq.ft. Varadaraja Nagar's 2024 figure of Rs 154 per sq.ft is below this median.

Stamp duty and registration fee for property in Varadaraja Nagar

For a 1,000 sq.ft plot at the current rate of Rs 154 per sq.ft, the guideline value amounts to Rs 1,54,000. The stamp duty at 7% would be Rs 10,780, and the registration fee at 2% would be Rs 3,080, totaling Rs 13,860. 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 more details.

Which Sub Registrar Office covers Varadaraja Nagar?

The Sub Registrar Office that covers Varadaraja Nagar is the Manavalanagar Sub Registrar Office, located at Thandalam Main Road, Nungambakkam Village, Manavalanagar-602002, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Eagattur. It serves as the basis for calculating stamp duty and registration fees, ensuring that these charges are aligned with the official valuation of the property.

When a property is registered, the guideline value helps determine the official price at which the property is recorded. This ensures transparency and uniformity in property transactions within the region.

Frequently asked questions

What is the current guideline value of Varadaraja Nagar?

The current guideline value of Varadaraja Nagar is Rs 154 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 150 per sq.ft in 2012 to Rs 100 per sq.ft in 2017, then increased to Rs 150 per sq.ft in 2023, and finally to Rs 154 per sq.ft in 2024.

What are the other streets in Eagattur with their guideline values?

Other streets in Eagattur include Thiruvalluvar Nagar at Rs 220 per sq.ft, and several streets in Thirumalai Nagar at Rs 190 per sq.ft. Sri Venkateswara Nagar also has a guideline value of Rs 154 per sq.ft.

What is the registration fee for property in Varadaraja Nagar?

The registration fee for property in Varadaraja Nagar is calculated based on the guideline value. For a property valued at Rs 1,54,000, the registration fee at 2% would amount to Rs 3,080.

Where can I find the Sub Registrar Office for Varadaraja Nagar?

The Sub Registrar Office for Varadaraja Nagar is the Manavalanagar Sub Registrar Office, located at Thandalam Main Road, Nungambakkam Village, Manavalanagar-602002, Chennai registration zone.