Guideline Value

Corporate

Guideline Value for VYASAR CROSS STREET

₹1110/sq.ft.

The guideline value for Vyasar Cross Street in Pallikaranai village (Chennai South Joint I SRO, Chennai zone) is Rs 1110 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class Iv Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pallikaranai

Village

Chennai South Joint I

SRO

Residential Class IV Type - III
History
Period Guideline Value
From 1-7-2024 ₹1110 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹1000 /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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Vyasar Cross Street

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Vyasar Cross Street guideline value

The current guideline value of Vyasar Cross Street is Rs 1,110 per sq.ft, effective from 1 July 2024. This street is located in Pallikaranai village, under the Chennai South Joint I SRO. The land classification for this area is Residential Class IV Type - III.

How the guideline value of Vyasar Cross Street has changed

The guideline value for Vyasar Cross Street has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 1,110 per sq.ft, which is an increase of 11% from the 2023 revision of Rs 1,000 per sq.ft. Prior to that, the 2012 revision also recorded a value of Rs 1,000 per sq.ft, indicating no change from 2012 to 2023. The register has no figures for the years 2017, 2007, 2003, and 2002 for this street.

Overall, from 2012 to 2024, the guideline value has increased by 11%. This reflects the changes made in the revisions, particularly the jump from Rs 1,000 to Rs 1,110 per sq.ft between 2023 and 2024.

Guideline values in Pallikaranai

In Pallikaranai, there are 749 streets under the Chennai South Joint I SRO that carry a 2024 guideline value, ranging from Rs 1,110 to Rs 8,580 per sq.ft. The median guideline value in this area is Rs 1,650 per sq.ft, positioning Vyasar Cross Street's 2024 figure below that median.

Stamp duty and registration fee for property in Vyasar Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,110 per sq.ft, the total guideline value would be Rs 11,10,000. The stamp duty at 7% would amount to Rs 77,700, and the registration fee at 2% would be Rs 22,200, bringing the total to Rs 99,900. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Vyasar Cross Street?

The Sub Registrar Office that covers Vyasar Cross Street is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Pallikaranai, as it determines the minimum price at which a property can be registered. Buyers must ensure that the sale price is at least equal to the guideline value to avoid any legal issues during registration.

Additionally, the guideline value influences the stamp duty and registration fees, which are calculated based on this value. Therefore, understanding the guideline value is essential for both buyers and sellers in the real estate market.

Frequently asked questions

What is the current guideline value of Vyasar Cross Street?

The current guideline value of Vyasar Cross Street is Rs 1,110 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2023 to Rs 1,110 per sq.ft in 2024, marking an 11% increase. There was no change from 2012 to 2023, as the value remained at Rs 1,000 per sq.ft.

What is the land classification of Vyasar Cross Street?

Vyasar Cross Street is classified as Residential Class IV Type - III. This classification impacts the guideline value and the types of properties that can be developed in the area.

What are the other guideline values in Pallikaranai?

In Pallikaranai, other streets have varying guideline values, with the median being Rs 1,650 per sq.ft. Vyasar Cross Street's guideline value of Rs 1,110 per sq.ft is below this median.

Where can I find more information about the registration office?

The registration office for Vyasar Cross Street is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. More information can be found by visiting the provided link to find your SRO.