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Guideline Value

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Guideline Value for Vanagaram Road (Prince Green Wood Apts)

₹3600/sq.ft.

The guideline value for Vanagaram Road (prince Green Wood Apts) in 5. Athipattu village (Konnur SRO, Chennai zone) is Rs 3600 per sq.ft, effective 1 July 2024. It was Rs 3300 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

5. Athipattu

Village

Konnur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹3600 /sq.ft.
From 1-4-2023 ₹3300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2211 /sq.ft.
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)

Sub Register Office , Villivakkam Panchat,union Office Complex ,dunlop Bus Stop ,ambattur ,chennai
044-26173020
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Vanagaram Road (prince Green Wood Apts)

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Vanagaram Road (Prince Green Wood Apts) guideline value

The current guideline value of Vanagaram Road (Prince Green Wood Apts) is Rs 3,600 per sq.ft, effective from 1 July 2024. This property is located in 5. Athipattu village under the Konnur SRO, classified as Residential Special Type - II.

How the guideline value of Vanagaram Road (Prince Green Wood Apts) has changed

The guideline value for Vanagaram Road has seen several revisions over the years. The earliest recorded figure is from 2017, which was Rs 2,211 per sq.ft. This increased to Rs 3,300 per sq.ft in 2023, marking a significant rise of 49%. The latest revision in 2024 has set the value at Rs 3,600 per sq.ft, reflecting a 9% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 63%. The register does not contain figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in 5. Athipattu

In 5. Athipattu, there are 119 streets under the Konnur SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 7,650 per sq.ft. The median for these streets is Rs 2,200 per sq.ft, placing Vanagaram Road's guideline value above this median.

Stamp duty and registration fee for property in Vanagaram Road (Prince Green Wood Apts)

For a 1,000 sq.ft plot at the current guideline value of Rs 3,600 per sq.ft, the total guideline value amounts to Rs 36,00,000. The stamp duty at 7% would be Rs 2,52,000, and the registration fee at 2% would be Rs 72,000, bringing the total to Rs 3,24,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Vanagaram Road (Prince Green Wood Apts)?

The Sub Registrar Office that covers Vanagaram Road (Prince Green Wood Apts) is the Konnur Sub Registrar Office, located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in 5. Athipattu

The guideline value is a critical factor during the registration process when buying or selling property in 5. Athipattu. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is compared to the sale price, and the duty is charged on the higher of the two. This ensures that the registration fees reflect the actual value of the property being transacted.

Frequently asked questions

What is the current guideline value of Vanagaram Road (Prince Green Wood Apts)?

The current guideline value of Vanagaram Road (Prince Green Wood Apts) is Rs 3,600 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value has increased from Rs 3,300 per sq.ft in 2023 to Rs 3,600 per sq.ft in 2024, which is a 9% increase. Overall, the value has risen by 63% from Rs 2,211 per sq.ft in 2017 to the current figure.

What is the classification of the land on Vanagaram Road?

The land on Vanagaram Road (Prince Green Wood Apts) is classified as Residential Special Type - II. This classification is important for understanding the permissible uses of the property.

Where can I find the Sub Registrar Office for Vanagaram Road?

The Sub Registrar Office for Vanagaram Road is the Konnur Sub Registrar Office, located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

How is the stamp duty calculated for properties in 5. Athipattu?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property with a guideline value of Rs 36,00,000, the stamp duty would be 7% of that amount.