Guideline Value for Venkatachalapathy Street IInd Lane

Venkatachalapathy Street IInd Lane guideline value

The current guideline value of Venkatachalapathy Street IInd Lane is Rs 3,900 per sq.ft. This street is located in Egmore village and falls under the Periamet SRO. The land classification for this area is Residential Class III Type - I.

How the guideline value of Venkatachalapathy Street IInd Lane has changed

The guideline value register has no figures for Venkatachalapathy Street IInd Lane for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision, effective from 1 July 2024, sets the guideline value at Rs 3,900 per sq.ft.

There have been no changes in the guideline value between the revisions listed above. The 2024 revision is the only figure available for this street.

Guideline values in Egmore

In Egmore, there are 465 streets under the Periamet SRO that carry a 2024 guideline value ranging from Rs 2,800 to Rs 22,000 per sq.ft, with a median value of Rs 7,100 per sq.ft. The guideline value for Venkatachalapathy Street IInd Lane is below this median.

• Venkatachalapathy Street IIIrd Lane: Rs 3,900 per sq.ft (2024)
• Venkatachalapathy Street Ist Lane: Rs 3,900 per sq.ft (2024)
• Venkatachalapathy street: Rs 3,900 per sq.ft (2024)
• Venkatachala Acahri street: Rs 3,900 per sq.ft (2024)
• Vengu Pillai street: Rs 3,900 per sq.ft (2024)
• Venkatasamy Naidu street: Rs 11,000 per sq.ft (2024)

Stamp duty and registration fee for property in Venkatachalapathy Street IInd Lane

For a 1,000 sq.ft plot at the current rate of Rs 3,900 per sq.ft, the guideline value amounts to Rs 39,00,000. The stamp duty at 7% would be Rs 2,73,000, and the registration fee at 2% would be Rs 78,000, totaling Rs 3,51,000. 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 Venkatachalapathy Street IInd Lane?

The Venkatachalapathy Street IInd Lane falls under the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003. You can find your SRO for more information.

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

The guideline value is an essential factor in the registration process when buying or selling property in Egmore. It is used to determine the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value serves as a baseline for calculating the fees, ensuring that both the buyer and seller adhere to the legal requirements set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of Venkatachalapathy Street IInd Lane?

The current guideline value of Venkatachalapathy Street IInd Lane is Rs 3,900 per sq.ft, effective from 1 July 2024.

What land classification is Venkatachalapathy Street IInd Lane?

Venkatachalapathy Street IInd Lane is classified as Residential Class III Type - I.

How many streets in Egmore have a guideline value?

There are 465 streets in Egmore under the Periamet SRO that carry a guideline value for the year 2024.

What is the median guideline value in Egmore?

The median guideline value for streets in Egmore under the Periamet SRO is Rs 7,100 per sq.ft.

Where can I find the Sub Registrar Office for Venkatachalapathy Street IInd Lane?

The Sub Registrar Office covering Venkatachalapathy Street IInd Lane is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003.