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Guideline Value

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Guideline Value for Venkateswara Nagar 3rd Main Road, Ii Cross Street

₹3850/sq.ft.

The guideline value for Venkateswara Nagar 3rd Main Road, Ii Cross Street in Velachery village (Velacheri SRO, Chennai zone) is Rs 3850 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Velachery

Village

Velacheri

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹3850 /sq.ft.
From 1-4-2023 N/A
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)

No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042
044-22553736
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Venkateswara Nagar 3rd Main Road, Ii Cross Street

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Venkateswara Nagar 3rd Main Road, Ii Cross Street guideline value

The current guideline value for Venkateswara Nagar 3rd Main Road, Ii Cross Street is Rs 3,850 per sq.ft, effective from 1 July 2024. This street is located in Velachery village, under the Velacheri SRO. The land classification for this area is Residential Class II Type - III.

How the guideline value of Venkateswara Nagar 3rd Main Road, Ii Cross Street has changed

The guideline value register has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023 for Venkateswara Nagar 3rd Main Road, Ii Cross Street. The most recent revision is from 2024, which sets the guideline value at Rs 3,850 per sq.ft.

Since there are no figures available for the previous years, the only current figure is from the 2024 revision. Therefore, there have been no changes in the guideline value between revisions for this street.

Guideline values in Velachery

In Velachery, there are 2,691 streets under the Velacheri SRO that carry a 2024 guideline value, ranging from Rs 3,300 to Rs 13,200 per sq.ft. The median guideline value for these streets is Rs 4,400 per sq.ft, placing Venkateswara Nagar 3rd Main Road, Ii Cross Street below this median.

Stamp duty and registration fee for property in Venkateswara Nagar 3rd Main Road, Ii Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,850 per sq.ft, the total guideline value amounts to Rs 38,50,000. The stamp duty at 7% would be Rs 2,69,500, and the registration fee at 2% would be Rs 77,000, resulting in a total of Rs 3,46,500. Note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Venkateswara Nagar 3rd Main Road, Ii Cross Street?

The Venkateswara Nagar 3rd Main Road, Ii Cross Street falls under the Velacheri Sub Registrar Office, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042. To find your SRO, you can visit find your SRO.

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

The guideline value is an important factor in property transactions in Velachery. It is used to determine the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from the sale.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are essential costs that need to be factored into the overall transaction. Buyers should be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Venkateswara Nagar 3rd Main Road, Ii Cross Street?

The current guideline value for Venkateswara Nagar 3rd Main Road, Ii Cross Street is Rs 3,850 per sq.ft, effective from 1 July 2024.

What land classification does Venkateswara Nagar 3rd Main Road, Ii Cross Street fall under?

This street falls under the land classification of Residential Class II Type - III.

Are there any previous guideline values for this street?

The guideline value register has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023 for Venkateswara Nagar 3rd Main Road, Ii Cross Street.

How does the guideline value compare to other streets in Velachery?

Venkateswara Nagar 3rd Main Road, Ii Cross Street's guideline value of Rs 3,850 per sq.ft is below the median guideline value of Rs 4,400 per sq.ft for the 2,691 streets in Velachery under the Velacheri SRO.

Where can I find the Velacheri Sub Registrar Office?

The Velacheri Sub Registrar Office is located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042.