Guideline Value

Corporate

Guideline Value for VASANTHAM NAGAR

₹171/sq.ft. (2023)

The guideline value for Vasantham Nagar in Kilampakkam village (Tiruvallur Joint 1 SRO, Chennai zone) was last notified at Rs 171 per sq.ft (1 April 2023 revision); no 2024 rate has been published for this street. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kilampakkam

Village

Tiruvallur Joint 1

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 N/A
From 1-4-2023 ₹171 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹114 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹170 /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)

No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.
044-27666992
[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 Vasantham Nagar

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Vasantham Nagar guideline value

The current guideline value of Vasantham Nagar is Rs 171 per sq.ft. This area falls under Kilampakkam village and is registered with the Tiruvallur Joint 1 SRO. The land classification for this locality is Residential Class III Type - I.

How the guideline value of Vasantham Nagar has changed

In the 2012 revision, the guideline value was Rs 170 per sq.ft. This figure saw a decrease in the 2017 revision, dropping to Rs 114 per sq.ft, which is a decline of 33%. However, from 2017 to the 2023 revision, there was a significant increase of 50%, bringing the guideline value up to Rs 171 per sq.ft.

Overall, from the 2012 revision to the 2023 revision, the change in guideline value is a slight increase of 1%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2024 for this street.

Guideline values in Kilampakkam

Currently, there are no specific village figures available for Kilampakkam. The guideline value of Vasantham Nagar is Rs 171 per sq.ft, reflecting its position in the locality.

Stamp duty and registration fee for property in Vasantham Nagar

For a 1,000 sq.ft plot at the current rate of Rs 171 per sq.ft, the guideline value totals Rs 1,71,000. The stamp duty at 7% amounts to Rs 11,970, and the registration fee at 2% is Rs 3,420, leading to a total of Rs 15,390. It is essential to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Vasantham Nagar?

The Sub Registrar Office that covers Vasantham Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

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

The guideline value plays a crucial role when buying or selling property in Kilampakkam. It serves as a benchmark for determining the stamp duty and registration fees applicable during the registration process.

When a property is registered, the buyer must pay the stamp duty 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 Vasantham Nagar?

The current guideline value of Vasantham Nagar is Rs 171 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

From the 2012 revision to the 2017 revision, the guideline value decreased from Rs 170 to Rs 114 per sq.ft. However, from 2017 to 2023, it increased by 50% to reach Rs 171 per sq.ft.

What is the stamp duty rate for properties in Vasantham Nagar?

The stamp duty rate for properties in Vasantham Nagar is 7% of the guideline value or the sale price, whichever is higher.

What is the registration fee for properties in Vasantham Nagar?

The registration fee for properties in Vasantham Nagar is 2% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Vasantham Nagar located?

The Sub Registrar Office for Vasantham Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.