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Guideline Value

Corporate

Guideline Value for VINAYAGA MOORTHY NAGAR

₹2200/sq.ft.

The guideline value for Vinayaga Moorthy Nagar in Thirukkachur - 1 village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Thirukkachur - 1

Village

Chengleput Joint II

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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)

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 Vinayaga Moorthy Nagar

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Vinayaga Moorthy Nagar guideline value

The current guideline value of Vinayaga Moorthy Nagar is Rs 2,200 per sq.ft, effective from 1 July 2024. This area is located in Thirukkachur - 1 village under the Chengleput Joint II SRO and is classified as Residential Special Type - II.

How the guideline value of Vinayaga Moorthy Nagar has changed

In the 2023 revision, the guideline value was set at Rs 2,000 per sq.ft. This marked an increase from previous years, as the register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street. The most recent change from 2023 to 2024 reflects a 10% increase, bringing the current value to Rs 2,200 per sq.ft.

Prior to the 2023 revision, there are no figures available for Vinayaga Moorthy Nagar in the register for the years mentioned. The increase from Rs 2,000 to Rs 2,200 per sq.ft in the 2024 revision indicates a notable adjustment in the guideline value for this street.

Guideline values in Thirukkachur - 1

In Thirukkachur - 1, there are 86 streets under the Chengleput Joint II SRO that carry a 2024 guideline value, ranging from Rs 385 to Rs 3,300 per sq.ft, with a median value of Rs 660 per sq.ft. The guideline value for Vinayaga Moorthy Nagar is above the median.

Stamp duty and registration fee for property in Vinayaga Moorthy Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, totaling Rs 1,98,000. It is important to 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 Vinayaga Moorthy Nagar?

The Sub Registrar Office covering Vinayaga Moorthy 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 Thirukkachur - 1

The guideline value is a crucial factor during property registration in Thirukkachur - 1. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that transactions are conducted fairly and transparently.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. This value is essential for both buyers and sellers to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of Vinayaga Moorthy Nagar?

The current guideline value of Vinayaga Moorthy Nagar is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 2,000 per sq.ft in 2023 to Rs 2,200 per sq.ft in 2024, reflecting a 10% increase. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification of Vinayaga Moorthy Nagar?

Vinayaga Moorthy Nagar is classified as Residential Special Type - II. This classification is important for determining the applicable guidelines and regulations for property transactions in the area.

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

The stamp duty is charged at 7% of the guideline value, while the registration fee is 2%. For a 1,000 sq.ft plot at the current rate, the total stamp duty and registration fees would amount to Rs 1,98,000.

Where can I find the Sub Registrar Office for Vinayaga Moorthy Nagar?

The Chengleput Joint II Sub Registrar Office covers Vinayaga Moorthy Nagar. It is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone.