Guideline Value for VISHWA NAGAR EXTENSION

₹300/sq.ft.

The guideline value for Vishwa Nagar Extension in Valluvapakkam village (Walajabad SRO, Chengalpattu zone) is Rs 300 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

Valluvapakkam

Village

Walajabad

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹300 /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 ₹300 /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)

Sriperumbudur Road, Walajabad-631 605
044-27257430
[email protected]

DRO (District Registrar Office)

No.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Vishwa Nagar Extension

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Vishwa Nagar Extension guideline value

The current guideline value of Vishwa Nagar Extension is Rs 300 per sq.ft, effective from 1 July 2024. This area is located in Valluvapakkam village and falls under the Walajabad SRO. The land classification for this street is Residential Class I Type - I.

How the guideline value of Vishwa Nagar Extension has changed

The guideline value for Vishwa Nagar Extension has undergone several revisions over the years. The 2012 revision set the value at Rs 300 per sq.ft, which remained unchanged through the 2017 revision. However, in 2017, the value was Rs 201 per sq.ft, marking a decrease of 33% from the previous revision. The 2023 revision again set the value at Rs 300 per sq.ft, which was consistent with the 2024 revision, showing no change between these two years.

From 2017 to 2023, there was a significant increase of 49%, bringing the value back to Rs 300 per sq.ft. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 300 per sq.ft. The register has no figures for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Valluvapakkam

In Valluvapakkam village, there are 20 streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 800 per sq.ft. The median value for these streets is Rs 250 per sq.ft, placing Vishwa Nagar Extension above this median at Rs 300 per sq.ft.

Stamp duty and registration fee for property in Vishwa Nagar Extension

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total fees together to Rs 27,000. 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 Vishwa Nagar Extension?

The Vishwa Nagar Extension is covered by the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Valluvapakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is registered, the guideline value is referenced to ensure that the appropriate fees are calculated based on the higher value between the guideline and the sale price. This ensures compliance with local regulations and helps in maintaining transparency in property transactions.

Frequently asked questions

What is the current guideline value of Vishwa Nagar Extension?

The current guideline value of Vishwa Nagar Extension is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 300 per sq.ft from 2012 to 2024, with a significant increase from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023.

What are the other streets in Valluvapakkam with their guideline values?

Other streets in Valluvapakkam include Un Named Layout at Rs 250 per sq.ft, Thulasi Nagar at Rs 250 per sq.ft, and Subiksham Nagar Ext at Rs 200 per sq.ft, among others.

What are the stamp duty and registration fees for property in Vishwa Nagar Extension?

For a 1,000 sq.ft plot at the guideline value of Rs 300 per sq.ft, the total fees would be Rs 27,000, which includes stamp duty and registration fees.

Which office should I contact for registration in Vishwa Nagar Extension?

The Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone, covers Vishwa Nagar Extension.