Guideline Value

Corporate

Guideline Value for VATCHALA GARDEN PHASE -II

₹1000/sq.ft.

The guideline value for Vatchala Garden Phase -ii in Adhanoor village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Adhanoor

Village

Gooduvancheri

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Vatchala Garden Phase -ii

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Vatchala Garden Phase -II guideline value

The current guideline value for Vatchala Garden Phase -II is Rs 1,000 per sq.ft, effective from 1 July 2024. This property is located in Adhanoor village, under the Gooduvancheri SRO, and is classified as Residential Special Type - I.

How the guideline value of Vatchala Garden Phase -II has changed

The guideline value of Vatchala Garden Phase -II has seen several revisions over the years. The 2017 revision set the value at Rs 670 per sq.ft, which remained unchanged at Rs 1,000 per sq.ft in the 2023 revision. The current 2024 revision also maintains this value at Rs 1,000 per sq.ft, showing no percentage change from the previous year. Overall, from the 2017 revision to the 2024 revision, there has been a significant increase of 49%.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The consistent value of Rs 1,000 per sq.ft in the last two revisions indicates stability in the guideline value for Vatchala Garden Phase -II.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO, with guideline values ranging from Rs 670 to Rs 3,000 per sq.ft. The median guideline value for these streets is Rs 1,000 per sq.ft, placing Vatchala Garden Phase -II at this median value.

Stamp duty and registration fee for property in Vatchala Garden Phase -II

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty is charged at 7%, which totals Rs 70,000, while the registration fee is 2%, amounting to Rs 20,000. Together, the total fee for registration would be Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Vatchala Garden Phase -II?

The Vatchala Garden Phase -II falls under the jurisdiction of the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanjery-603202, Chengalpattu registration zone.

You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Adhanoor, as it determines the minimum value on which stamp duty and registration fees are calculated. This value is set by the Registration Department and is updated periodically to reflect changes in the real estate market.

When registering a property, buyers must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Vatchala Garden Phase -II?

The current guideline value for Vatchala Garden Phase -II is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,000 per sq.ft since the 2023 revision, with a significant increase of 49% from Rs 670 per sq.ft in the 2017 revision.

What is the land classification for Vatchala Garden Phase -II?

Vatchala Garden Phase -II is classified as Residential Special Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Vatchala Garden Phase -II?

The Gooduvancheri Sub Registrar Office covers Vatchala Garden Phase -II, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanjery-603202, Chengalpattu registration zone.

How is stamp duty calculated for properties in Adhanoor?

Stamp duty for properties in Adhanoor is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft property at the current guideline value would incur a stamp duty of Rs 70,000.