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Guideline Value

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Guideline Value for Vandalur Otteri 1 to 10th Main Road

₹1500/sq.ft. (2023)

The guideline value for Vandalur Otteri 1 To 10th Main Road in Vandalur village (Gooduvancheri SRO, Chengalpattu zone) was last notified at Rs 1500 per sq.ft (1 April 2023 revision); no 2024 rate has been published for this street. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Vandalur

Village

Gooduvancheri

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 N/A
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 ₹550 /sq.ft.
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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[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]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Vandalur Otteri 1 To 10th Main Road

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Vandalur Otteri 1 to 10th Main Road guideline value

The current guideline value of Vandalur Otteri 1 to 10th Main Road is Rs 1,500 per sq.ft, as per the 2023 revision. This street falls under Vandalur village and is registered with the Gooduvancheri SRO, classified as Residential Special Type - I.

How the guideline value of Vandalur Otteri 1 to 10th Main Road has changed

Over the years, the guideline value for Vandalur Otteri 1 to 10th Main Road has seen several revisions. The 2007 revision set the guideline value at Rs 550 per sq.ft. This increased significantly to Rs 1,500 per sq.ft in the 2012 revision, marking a notable rise of 173%. However, the 2017 revision saw a decrease to Rs 1,005 per sq.ft, a drop of 33%. The most recent revision in 2023 restored the value to Rs 1,500 per sq.ft, reflecting an increase of 49% from the 2017 figure.

Overall, from the 2007 revision to the 2023 revision, the guideline value has increased by 173%. It is important to note that there are no figures available for the years 2002, 2003, and 2024 for this street in the register.

Guideline values in Vandalur

Currently, there are no specific village figures provided for Vandalur. Vandalur Otteri 1 to 10th Main Road is one of the streets under the Gooduvancheri SRO. The following are other streets in Vandalur:

Stamp duty and registration fee for property in Vandalur Otteri 1 to 10th Main Road

For a 1,000 sq.ft plot at the current rate of Rs 1,500 per sq.ft, the guideline value amounts to Rs 15,00,000. The stamp duty at 7% would be Rs 1,05,000, while the registration fee at 2% would be Rs 30,000, bringing the total to Rs 1,35,000. It is essential to remember that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Vandalur Otteri 1 to 10th Main Road?

The Vandalur Otteri 1 to 10th Main Road is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Vandalur. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that these charges are based on a standardized value rather than the negotiated sale price.

When a property is registered, the guideline value is assessed to calculate the applicable fees. Buyers and sellers must be aware that the duty is charged on the higher of the guideline value or the sale price, making it essential to understand the current guideline value for accurate financial planning.

Frequently asked questions

What is the current guideline value of Vandalur Otteri 1 to 10th Main Road?

The current guideline value of Vandalur Otteri 1 to 10th Main Road is Rs 1,500 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

Since the 2007 revision, the guideline value has increased significantly. It rose from Rs 550 per sq.ft in 2007 to Rs 1,500 per sq.ft in 2012, then decreased to Rs 1,005 per sq.ft in 2017, and finally returned to Rs 1,500 per sq.ft in 2023.

What is the land classification for Vandalur Otteri 1 to 10th Main Road?

The land classification for Vandalur Otteri 1 to 10th Main Road is Residential Special Type - I, indicating its designated use for residential purposes.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, in the Chengalpattu registration zone.

How is stamp duty calculated for properties in Vandalur Otteri 1 to 10th Main Road?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value of Rs 1,500 per sq.ft, the stamp duty would be calculated accordingly.