Guideline Value for VELLIMEDU COLONY MATHAKOIL 1st STREET
₹101/sq.ft.
The guideline value for Vellimedu Colony Mathakoil 1st Street in Cheyyur - A village (Cheyyur SRO, Chengalpattu zone) is Rs 101 per sq.ft, effective 1 July 2024. It was Rs 100 per sq.ft from 1 April 2023, a 1% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Cheyyur - A
Village
Cheyyur
SRO
Residential Class IV Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹101 /sq.ft. |
| From 1-4-2023 | ₹100 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹50 /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
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Vellimedu Colony Mathakoil 1st Street
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Cheyyur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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VELLIMEDU COLONY MATHAKOIL 1st STREET guideline value
The current guideline value of VELLIMEDU COLONY MATHAKOIL 1st STREET is Rs 101 per sq.ft, effective from 1 July 2024. This street is located in the village of Cheyyur, under the Cheyyur SRO, and is classified as Residential Class IV Type - I.
How the guideline value of VELLIMEDU COLONY MATHAKOIL 1st STREET has changed
The guideline value for VELLIMEDU COLONY MATHAKOIL 1st STREET has undergone several revisions over the years. The 2017 revision set the value at Rs 50 per sq.ft. This figure increased significantly in the 2023 revision to Rs 100 per sq.ft, marking a 100% increase from the previous revision. The latest 2024 revision has further increased the guideline value to Rs 101 per sq.ft, reflecting a 1% rise from the 2023 figure.
There are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. Overall, from 2017 to 2024, the guideline value has increased by 102%.
Guideline values in Cheyyur - A
In Cheyyur - A, there are a total of 64 streets under the Cheyyur SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 500 per sq.ft. The median guideline value for these streets is Rs 101 per sq.ft, which is the same as the 2024 figure for VELLIMEDU COLONY MATHAKOIL 1st STREET.
- VELLIMEDU COLONY MATHAKOIL 2st STREET: Rs 101 per sq.ft (2024)
- Velaramman Koil Street: Rs 101 per sq.ft (2024)
- Vandavasi Salai: Rs 200 per sq.ft (2024)
- Valluvan Street: Rs 101 per sq.ft (2024)
- Vijayaraja Akshaya: Rs 101 per sq.ft (2024)
- Vijayaraja Anantham: Rs 101 per sq.ft (2024)
Stamp duty and registration fee for property in VELLIMEDU COLONY MATHAKOIL 1st STREET
For a 1,000 sq.ft plot at the current guideline value of Rs 101 per sq.ft, the total guideline value amounts to Rs 1,01,000. The stamp duty at 7% would be Rs 7,070, and the registration fee at 2% would be Rs 2,020, resulting in a total cost of Rs 9,090. Please note that the stamp 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 VELLIMEDU COLONY MATHAKOIL 1st STREET?
The VELLIMEDU COLONY MATHAKOIL 1st STREET falls under the jurisdiction of the Cheyyur Sub Registrar Office, located at 3/156, Salt Road, Cheyyur- 603 302, Chengalpattu registration zone. You can find your SRO for more details.
How the guideline value is used when you buy or sell in Cheyyur - A
The guideline value is a crucial factor in property transactions in Cheyyur - A, as it determines the minimum price at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.
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.
Frequently asked questions
What is the current guideline value of VELLIMEDU COLONY MATHAKOIL 1st STREET?
The current guideline value of VELLIMEDU COLONY MATHAKOIL 1st STREET is Rs 101 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 50 per sq.ft in 2017 to Rs 100 per sq.ft in 2023, and then to Rs 101 per sq.ft in 2024. This represents an overall increase of 102% from 2017 to 2024.
What is the land classification for this street?
VELLIMEDU COLONY MATHAKOIL 1st STREET is classified as Residential Class IV Type - I.
Where is the Cheyyur Sub Registrar Office located?
The Cheyyur Sub Registrar Office is located at 3/156, Salt Road, Cheyyur- 603 302, Chengalpattu registration zone.
How are stamp duty and registration fees calculated?
Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a total cost of Rs 9,090 in fees.
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