Guideline Value

Corporate

Guideline Value for Venkatram Nagar 6th Main Road

₹4400/sq.ft.

The guideline value for Venkatram Nagar 6th Main Road in Hastinapuram village (Pallavaram SRO, Chengalpattu zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Hastinapuram

Village

Pallavaram

SRO

Mixed Type - I
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹525 /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)

7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044
044-22413425
[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 Venkatram Nagar 6th Main Road

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Venkatram Nagar 6th Main Road guideline value

The current guideline value of Venkatram Nagar 6th Main Road is Rs 4,400 per sq.ft, effective from 1 July 2024. This road is located in Hastinapuram village, under the Pallavaram SRO, and is classified as Mixed Type - I.

How the guideline value of Venkatram Nagar 6th Main Road has changed

Over the years, the guideline value of Venkatram Nagar 6th Main Road has seen significant changes. In 2007, the guideline value was Rs 525 per sq.ft, which increased dramatically to Rs 4,000 per sq.ft in 2012, marking a rise of 662%. However, this value dropped to Rs 2,680 per sq.ft in 2017, reflecting a decrease of 33%. The value then rose again to Rs 4,000 per sq.ft in 2023, before reaching the current rate of Rs 4,400 per sq.ft in 2024, an increase of 10% from the previous year. The register has no figures for the years 2002 and 2003.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2007 to 2024, the guideline value has risen by 738%, showcasing a substantial increase in property value over the years.

Guideline values in Hastinapuram

In Hastinapuram, there are 277 streets under the Pallavaram SRO with a 2024 guideline value range from Rs 1,650 to Rs 4,400 per sq.ft. The median guideline value for these streets is Rs 2,970 per sq.ft, placing Venkatram Nagar 6th Main Road above this median.

Stamp duty and registration fee for property in Venkatram Nagar 6th Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, while the registration fee at 2% would be Rs 88,000, bringing the total cost to Rs 3,96,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Venkatram Nagar 6th Main Road?

The Venkatram Nagar 6th Main Road falls under the jurisdiction of the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, in the Chengalpattu registration zone. For more information, you can find your SRO.

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

When buying or selling property in Hastinapuram, the guideline value is a crucial factor during the registration process. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that transactions are recorded at an appropriate value.

Buyers and sellers must be aware that the guideline value is updated periodically, and it is essential to refer to the latest figures to accurately assess the financial implications of a property transaction.

Frequently asked questions

What is the current guideline value of Venkatram Nagar 6th Main Road?

The current guideline value of Venkatram Nagar 6th Main Road is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, from Rs 525 per sq.ft in 2007 to Rs 4,400 per sq.ft in 2024, marking an overall increase of 738% over the years.

What is the median guideline value in Hastinapuram?

The median guideline value for the 277 streets in Hastinapuram under the Pallavaram SRO is Rs 2,970 per sq.ft, with Venkatram Nagar 6th Main Road above this median.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 44,00,000, the stamp duty would be Rs 3,08,000 and the registration fee would be Rs 88,000, totaling Rs 3,96,000.

Which office handles property registrations for Venkatram Nagar 6th Main Road?

The Pallavaram Sub Registrar Office handles property registrations for Venkatram Nagar 6th Main Road, located at 7th Main Road, New Colony, Chromepet, Chennai-600044.