Guideline Value

Corporate

Guideline Value for VEDA VINAYAGAR ST

₹935/sq.ft.

The guideline value for Veda Vinayagar St in Vilingiyambakkam village (Avadi SRO, Chennai zone) is Rs 935 per sq.ft, effective 1 July 2024. It was Rs 850 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vilingiyambakkam

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹935 /sq.ft.
From 1-4-2023 ₹850 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹569 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹850 /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, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[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 Veda Vinayagar St

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Veda Vinayagar St guideline value

The current guideline value of Veda Vinayagar St is Rs 935 per sq.ft, effective from 1 July 2024. This street is located in Vilingiyambakkam village, under the Avadi SRO, and is classified as Residential Class II Type - II.

How the guideline value of Veda Vinayagar St has changed

The guideline value of Veda Vinayagar St has seen several revisions over the years. The earliest recorded figure is from 2012, where the value was Rs 850 per sq.ft. In 2017, it decreased to Rs 569 per sq.ft, marking a decline of 33%. However, by 2023, the value rose significantly to Rs 850 per sq.ft, and in the latest revision for 2024, it increased further to Rs 935 per sq.ft, representing a 10% increase from the previous year.

In summary, the guideline value has increased from Rs 569 per sq.ft in 2017 to Rs 935 per sq.ft in 2024. Between 2017 and 2023, there was a notable increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Vilingiyambakkam

In Vilingiyambakkam, there are 252 streets under the Avadi SRO, with guideline values ranging from Rs 800 to Rs 4,400 per sq.ft. The median value is Rs 935 per sq.ft, which is equal to the 2024 figure for Veda Vinayagar St.

Stamp duty and registration fee for property in Veda Vinayagar St

For a 1,000 sq.ft plot at the current guideline value of Rs 935 per sq.ft, the total guideline value would be Rs 9,35,000. The stamp duty at 7% would be Rs 65,450, and the registration fee at 2% would amount to Rs 18,700, making the total cost for these fees Rs 84,150. It is important to note that 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 information.

Which Sub Registrar Office covers Veda Vinayagar St?

The Sub Registrar Office that covers Veda Vinayagar St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Vilingiyambakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is assessed to ensure that the transaction is in accordance with the legal requirements. This helps in maintaining transparency and fairness in property dealings within the region.

Frequently asked questions

What is the current guideline value of Veda Vinayagar St?

The current guideline value of Veda Vinayagar St is Rs 935 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 850 per sq.ft in 2012 to Rs 935 per sq.ft in 2024, with notable revisions in 2017 and 2023.

What is the registration office for Veda Vinayagar St?

The registration office for Veda Vinayagar St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is stamp duty calculated for properties on Veda Vinayagar St?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would amount to Rs 65,450 at the current guideline value.

What other streets have guideline values in Vilingiyambakkam?

Other streets in Vilingiyambakkam have varying guideline values, with the median being Rs 935 per sq.ft. Examples include Veda Nayagam St at Rs 810 per sq.ft and Veda Nayagam 1st Street at Rs 1,310 per sq.ft.