Guideline Value for VELLIMEDU COLONY MATHAKOIL 2st STREET

₹101/sq.ft.

The guideline value for Vellimedu Colony Mathakoil 2st 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

SRO (Sub Registrar Office)

3/156, Salt Road, Cheyyur- 603 302
044-27531094
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Vellimedu Colony Mathakoil 2st Street

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VELLIMEDU COLONY MATHAKOIL 2st STREET guideline value

The current guideline value of VELLIMEDU COLONY MATHAKOIL 2st 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 2st STREET has changed

The guideline value for VELLIMEDU COLONY MATHAKOIL 2st STREET has undergone several revisions over the years. The 2017 revision set the value at Rs 50 per sq.ft. This figure increased dramatically to Rs 100 per sq.ft in the 2023 revision, marking a 100% increase. The most recent revision in 2024 further raised the guideline value to Rs 101 per sq.ft, reflecting a 1% increase from the previous year.

There are no figures available for the revisions in the years 2002, 2003, 2007, and 2012 for this street. Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 102%.

Guideline values in Cheyyur - A

In the village of Cheyyur - A, there are 64 streets under the Cheyyur SRO that have a guideline value for 2024, 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 guideline value for VELLIMEDU COLONY MATHAKOIL 2st STREET.

Stamp duty and registration fee for property in VELLIMEDU COLONY MATHAKOIL 2st 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, making the total cost for these charges Rs 9,090. Please 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 VELLIMEDU COLONY MATHAKOIL 2st STREET?

The VELLIMEDU COLONY MATHAKOIL 2st STREET is covered by the Cheyyur Sub Registrar Office, located at 3/156, Salt Road, Cheyyur- 603 302, Chengalpattu registration zone. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in Cheyyur - A

The guideline value plays a crucial role during the registration of property transactions in Cheyyur - A. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that both buyers and sellers are aware of the official value of the property being transacted.

When buying or selling property, it is important to refer to the guideline value as it serves as a benchmark for pricing. This value is regularly updated, reflecting changes in the real estate market and local regulations.

Frequently asked questions

What is the current guideline value of VELLIMEDU COLONY MATHAKOIL 2st STREET?

The current guideline value of VELLIMEDU COLONY MATHAKOIL 2st 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 a 102% increase from 2017 to 2024.

What is the land classification for this street?

VELLIMEDU COLONY MATHAKOIL 2st STREET is classified as Residential Class IV Type - I.

What are the other streets with the same guideline value in Cheyyur - A?

Other streets in Cheyyur - A with the same guideline value of Rs 101 per sq.ft include VELLIMEDU COLONY MATHAKOIL 1st STREET, Velaramman Koil Street, Valluvan Street, Vijayaraja Akshaya, and Vijayaraja Anantham.

Where can I find the registration office for this area?

The registration office for VELLIMEDU COLONY MATHAKOIL 2st STREET is the Cheyyur Sub Registrar Office, located at 3/156, Salt Road, Cheyyur- 603 302, Chengalpattu registration zone.