Guideline Value

Corporate

Guideline Value for VENKATESH NAGAR

₹200/sq.ft.

The guideline value for Venkatesh Nagar in Kaavithandalam village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kaavithandalam

Village

Chengleput Joint II

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹134 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹200 /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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[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 Venkatesh Nagar

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Venkatesh Nagar guideline value

The current guideline value of Venkatesh Nagar, located in Kaavithandalam village, is Rs 200 per sq.ft, effective from 1 July 2024. This area falls under the Chengleput Joint II SRO and is classified as Residential Class I Type - I.

How the guideline value of Venkatesh Nagar has changed

The guideline value for Venkatesh Nagar has seen several revisions over the years. In 2012, the value was set at Rs 200 per sq.ft. This remained unchanged until the 2017 revision, which saw a decrease to Rs 134 per sq.ft. However, by 2023, the value increased significantly to Rs 200 per sq.ft again, maintaining this rate through the 2024 revision, which also stands at Rs 200 per sq.ft. Notably, the register has no figures for the years 2002, 2003, and 2007 for this street.

From 2017 to 2023, the guideline value increased by 49%. Between 2012 and 2017, there was a decrease of 33%. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 200 per sq.ft.

Guideline values in Kaavithandalam

In Kaavithandalam, there are 12 streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 134 to Rs 1,500 per sq.ft. The median value for these streets is Rs 400 per sq.ft, placing Venkatesh Nagar's 2024 figure below that median.

Stamp duty and registration fee for property in Venkatesh Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. 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 details.

Which Sub Registrar Office covers Venkatesh Nagar?

The Sub Registrar Office that covers Venkatesh Nagar is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in property transactions, as it determines the minimum value at which a property can be registered. When buying or selling a property in Kaavithandalam, this value is used to calculate the applicable stamp duty and registration fees.

During the registration process, the guideline value ensures that all transactions are recorded at a standardized rate, which helps in maintaining transparency and fairness in property dealings. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Venkatesh Nagar?

The current guideline value of Venkatesh Nagar is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, with the most recent revisions being Rs 200 per sq.ft in 2023 and 2024, and Rs 134 per sq.ft in 2017. The value was Rs 200 per sq.ft in 2012 and has remained unchanged overall from 2012 to 2024.

Where can I find the Sub Registrar Office for Venkatesh Nagar?

The Sub Registrar Office for Venkatesh Nagar is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more details on their location online.

What are the stamp duty and registration fees for properties in Venkatesh Nagar?

For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 at 7%, and the registration fee would be Rs 4,000 at 2%, totaling Rs 18,000. These fees are based on the guideline value or the sale price, whichever is higher.

What is the median guideline value of streets in Kaavithandalam?

The median guideline value of streets in Kaavithandalam is Rs 400 per sq.ft. Venkatesh Nagar's guideline value is below this median at Rs 200 per sq.ft.