Guideline Value for Vasinampattu Colony

₹130/sq.ft.

The guideline value for Vasinampattu Colony in Thirumanikuppam village (Sunguvarchattram SRO, Chengalpattu zone) is Rs 130 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Thirumanikuppam

Village

Sunguvarchattram

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹130 /sq.ft.
From 1-4-2023 ₹130 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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)

Vadivamal Nagar Kandigai Road Caparo Company Opp,sunguvarchatram
044_29592196
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Vasinampattu Colony

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Vasinampattu Colony guideline value

The current guideline value of Vasinampattu Colony, located in Thirumanikuppam village under the Sunguvarchattram SRO, is Rs 130 per sq.ft. This value is effective from the 2024 revision, which will be implemented on 1 July 2024. The land classification for this area is Residential Class II Type - I.

How the guideline value of Vasinampattu Colony has changed

In the guideline value register, there are no figures available for Vasinampattu Colony for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision maintained the guideline value at Rs 130 per sq.ft, which was unchanged from the previous year. The most recent revision in 2024 also holds the value at Rs 130 per sq.ft, indicating no change from the 2023 figure.

Thus, from 2023 to 2024, the guideline value per sq.ft for Vasinampattu Colony has seen a change of +0%. This consistency in the guideline value reflects stability in the property assessment for this street.

Guideline values in Thirumanikuppam

In Thirumanikuppam, there are 15 streets under the Sunguvarchattram SRO that carry a 2024 guideline value ranging from Rs 130 to Rs 200 per sq.ft, with a median value of Rs 181 per sq.ft. Vasinampattu Colony's 2024 figure is below this median.

Stamp duty and registration fee for property in Vasinampattu Colony

For a 1,000 sq.ft plot at the current rate of Rs 130 per sq.ft, the guideline value amounts to Rs 1,30,000. The stamp duty at 7% would be Rs 9,100, and the registration fee at 2% would be Rs 2,600, totaling Rs 11,700. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Vasinampattu Colony?

The Vasinampattu Colony is covered by the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. To find your SRO, click here.

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

The guideline value is a critical factor during property registration in Thirumanikuppam, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations and to calculate applicable fees.

When a property is bought or sold, the guideline value helps in assessing the stamp duty and registration fees. These costs are based on the higher of the guideline value or the actual sale price, ensuring that the government receives due revenue from property transactions.

Frequently asked questions

What is the current guideline value for Vasinampattu Colony?

The current guideline value for Vasinampattu Colony is Rs 130 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Vasinampattu Colony has remained stable at Rs 130 per sq.ft from 2023 to 2024, with no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Vasinampattu Colony?

The land classification for Vasinampattu Colony is Residential Class II Type - I, indicating its designation for residential purposes.

Where can I find the Sub Registrar Office for Vasinampattu Colony?

The Sub Registrar Office for Vasinampattu Colony is located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.

How is stamp duty calculated for properties in Vasinampattu Colony?

Stamp duty for properties in Vasinampattu Colony is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value results in a total duty of Rs 11,700.