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Guideline Value

Corporate

Guideline Value for VISHNUPRIYA AVENUE (WARD -2)

₹1650/sq.ft.

The guideline value for Vishnupriya Avenue (ward -2) in Kattankollatur village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 1650 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Iv. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kattankollatur

Village

Chengleput Joint II

SRO

Residential Special Type - IV
History
Period Guideline Value
From 1-7-2024 ₹1650 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /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 Vishnupriya Avenue (ward -2)

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Vishnupriya Avenue (Ward -2) guideline value

The current guideline value of Vishnupriya Avenue (Ward -2) is Rs 1,650 per sq.ft, effective from 1 July 2024. This street is located in Kattankollatur village under the Chengleput Joint II SRO, classified as Residential Special Type - IV.

How the guideline value of Vishnupriya Avenue (Ward -2) has changed

The guideline value for Vishnupriya Avenue has undergone several revisions over the years. In 2012, the guideline value was set at Rs 1,500 per sq.ft. This value remained unchanged in the subsequent revision in 2017, where it decreased to Rs 1,005 per sq.ft. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value up to Rs 1,500 per sq.ft. The most recent revision in 2024 saw a further increase of 10%, resulting in the current guideline value of Rs 1,650 per sq.ft.

It is important to note that the register has no figures for Vishnupriya Avenue for the years 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Kattankollatur

Kattankollatur village has a total of 453 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 440 to Rs 3,612 per sq.ft as of 2024. The median guideline value in this village is Rs 1,100 per sq.ft, placing Vishnupriya Avenue's current value above this median.

Stamp duty and registration fee for property in Vishnupriya Avenue (Ward -2)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value amounts to Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, resulting in a total of Rs 1,48,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Vishnupriya Avenue (Ward -2)?

The Sub Registrar Office that covers Vishnupriya Avenue (Ward -2) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Kattankollatur, as it determines the minimum value at which properties can be registered. When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, ensuring that these costs are based on a standardized value set by the government.

Buyers and sellers should be aware that the guideline value may differ from the actual sale price. Therefore, it is essential to understand that the stamp duty is charged on the higher of the guideline value or the sale price, which can impact the overall costs associated with the transaction.

Frequently asked questions

What is the current guideline value of Vishnupriya Avenue (Ward -2)?

The current guideline value of Vishnupriya Avenue (Ward -2) is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017, then increased to Rs 1,500 per sq.ft in 2023, and finally to Rs 1,650 per sq.ft in 2024.

What is the land classification for Vishnupriya Avenue?

Vishnupriya Avenue (Ward -2) is classified as Residential Special Type - IV.

Where can I find the Chengleput Joint II Sub Registrar Office?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.

How is the stamp duty calculated for properties in Kattankollatur?

Stamp duty for properties in Kattankollatur is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 16,50,000, the stamp duty would be calculated at 7% of this amount.