Guideline Value for Valayapadhi Street
₹1980/sq.ft.
The guideline value for Valayapadhi Street in Peerklankaranai village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Peerklankaranai
Village
Tambaram Joint 1
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1980 /sq.ft. |
| From 1-4-2023 | ₹1800 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹1206 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1800 /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)
No.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[email protected]
DRO (District Registrar Office)
Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]
Records for a plot on Valayapadhi Street
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Tambaram Joint 1 sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Valayapadhi Street guideline value
The current guideline value of Valayapadhi Street is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Peerklankaranai village and falls under the Tambaram Joint 1 SRO, classified as Residential Class I Type - I.
How the guideline value of Valayapadhi Street has changed
The guideline value of Valayapadhi Street has seen several revisions over the years. From the 2012 revision, which was Rs 1,800 per sq.ft, it decreased to Rs 1,206 per sq.ft in 2017, marking a decline of 33%. However, it significantly increased to Rs 1,800 per sq.ft in 2023, and then rose again to Rs 1,980 per sq.ft in the 2024 revision, reflecting a 10% increase from the previous year.
Looking at the overall changes, the guideline value has increased by 10% from the 2012 figure to the current 2024 figure. The register has no figures for the years 2002, 2003, and 2007 for this street.
Guideline values in Peerklankaranai
In Peerklankaranai, there are 322 streets under the Tambaram Joint 1 SRO, with guideline values ranging from Rs 880 to Rs 4,400 per sq.ft. The median guideline value is Rs 1,650 per sq.ft, placing Valayapadhi Street's 2024 figure above this median.
- Valayapadhi 4th Cross Street: Rs 1,650 per sq.ft (2024)
- Valayapadhi 3rd Cross Street: Rs 1,650 per sq.ft (2024)
- Valayapadhi 2nd Cross Street: Rs 1,650 per sq.ft (2024)
- Valayapadhi 1st Cross Street: Rs 1,650 per sq.ft (2024)
- Valaiyapathi Extn: Rs 1,650 per sq.ft (2024)
- Vadivudai Amman koil Street: Rs 1,320 per sq.ft (2024)
Stamp duty and registration fee for property in Valayapadhi Street
For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value amounts to Rs 19,80,000. The stamp duty at 7% would be Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, leading to a total of Rs 1,78,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
You can use our stamp duty and registration fee calculator for more precise calculations.
Which Sub Registrar Office covers Valayapadhi Street?
The Sub Registrar Office that covers Valayapadhi Street is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Peerklankaranai
The guideline value is a crucial factor in property transactions in Peerklankaranai. It serves as a benchmark for determining the minimum value at which a property can be registered. When a buyer purchases a property, the stamp duty and registration fees are calculated based on this guideline value or the actual sale price, whichever is higher.
Understanding the guideline value is essential for both buyers and sellers, as it impacts the overall cost of the transaction. It is advisable to check the latest guideline values before proceeding with any property dealings in the area.
Frequently asked questions
What is the current guideline value of Valayapadhi Street?
The current guideline value of Valayapadhi Street is Rs 1,980 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,980 per sq.ft in 2024.
What is the median guideline value in Peerklankaranai?
The median guideline value in Peerklankaranai is Rs 1,650 per sq.ft, with Valayapadhi Street's current value being above this median.
What are the stamp duty rates for properties in Valayapadhi Street?
The stamp duty for properties in Valayapadhi Street is charged at 7% of the guideline value or sale price, whichever is higher.
Where can I find the Sub Registrar Office for Valayapadhi Street?
The Sub Registrar Office for Valayapadhi Street is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.
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