Guideline Value

Corporate

Guideline Value for VENKATESA PERUMAL NAGAR

₹330/sq.ft.

The guideline value for Venkatesa Perumal Nagar in Athipattu village (Thiruvottiyur SRO, Chennai zone) is Rs 330 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Athipattu

Village

Thiruvottiyur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹330 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /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)

21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019
044-25992232
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Venkatesa Perumal Nagar

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Venkatesa Perumal Nagar guideline value

The current guideline value of Venkatesa Perumal Nagar is Rs 330 per sq.ft, effective from 1 July 2024. This area is located in Athipattu village and falls under the Thiruvottiyur SRO. The land classification for this street is Residential Class I Type - I.

How the guideline value of Venkatesa Perumal Nagar has changed

The guideline value for Venkatesa Perumal Nagar has seen several revisions over the years. The 2017 revision set the value at Rs 201 per sq.ft. In the following revision in 2023, the value increased to Rs 300 per sq.ft, marking a significant rise of 49%. The most recent revision in 2024 has further increased the guideline value to Rs 330 per sq.ft, which is a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Athipattu

Athipattu village has a total of 108 streets under the Thiruvottiyur SRO that carry a 2024 guideline value, ranging from Rs 220 to Rs 462 per sq.ft. The median guideline value in this village is Rs 330 per sq.ft, which is equal to the 2024 figure for Venkatesa Perumal Nagar.

Stamp duty and registration fee for property in Venkatesa Perumal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value would be Rs 3,30,000. The stamp duty, charged at 7%, would amount to Rs 23,100, while the registration fee at 2% would be Rs 6,600. Together, the total cost for stamp duty and registration would be Rs 29,700. Please note that duty is charged on the higher of the guideline value or the sale price. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Venkatesa Perumal Nagar?

The Sub Registrar Office that covers Venkatesa Perumal Nagar is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Athipattu. It is used as a basis for calculating stamp duty and registration fees during the registration process. Buyers and sellers must consider the guideline value to ensure compliance with local regulations.

When a property is sold, the registration office will refer to the guideline value to determine the applicable charges. This ensures that the transaction is recorded accurately and that the appropriate fees are collected based on the established guideline values.

Frequently asked questions

What is the current guideline value of Venkatesa Perumal Nagar?

The current guideline value of Venkatesa Perumal Nagar is Rs 330 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 201 per sq.ft to Rs 330 per sq.ft in 2024, marking an overall increase of 64%.

What is the land classification for Venkatesa Perumal Nagar?

The land classification for Venkatesa Perumal Nagar is Residential Class I Type - I.

Where can I find the registration office for Venkatesa Perumal Nagar?

The registration office for Venkatesa Perumal Nagar is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.

How is the stamp duty calculated for properties in Venkatesa Perumal Nagar?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 3,30,000 would incur a stamp duty of Rs 23,100.