Guideline Value for VenugopalSwamy Nagar 3rd Street

VenugopalSwamy Nagar 3rd Street guideline value

The current guideline value for VenugopalSwamy Nagar 3rd Street is not published. It was last notified at Rs 1,675 per sq.ft in the 2017 revision. This street is located in Chembakkam village under the Selaiyur SRO.

How the guideline value of VenugopalSwamy Nagar 3rd Street has changed

The guideline value for VenugopalSwamy Nagar 3rd Street was last recorded in the 2017 revision at Rs 1,675 per sq.ft. There are no figures available for this street in the revisions for the years 2024, 2023, 2012, 2007, 2003, and 2002.

Since the 2017 revision, there have been no changes to the guideline value for VenugopalSwamy Nagar 3rd Street. The register has not provided any figures for the aforementioned years.

Guideline values in Chembakkam

In Chembakkam, there are 472 streets under the Selaiyur SRO that carry a 2024 guideline value, ranging from Rs 850 to Rs 6,700 per sq.ft, with a median of Rs 2,200 per sq.ft. VenugopalSwamy Nagar 3rd Street does not have a current rate, but it is important to consider the values of other streets in the area.

• Venugopal Swamy Nagar Extn: Rs 2,700 per sq.ft (2024)
• Venugopal Street: Rs 1,300 per sq.ft (2024)
• Venugopal Nagar Extn.: Rs 1,900 per sq.ft (2024)
• Venugopal Nagar 3rd street: Rs 1,300 per sq.ft (2024)
• Venugopal Nagar 2nd Street: Rs 1,300 per sq.ft (2024)
• Venugopal Nagar 1st Street: Rs 1,300 per sq.ft (2024)

Stamp duty and registration fee for property in VenugopalSwamy Nagar 3rd Street

There is no worked example available for VenugopalSwamy Nagar 3rd Street as there is no current rate for this street. Stamp duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers VenugopalSwamy Nagar 3rd Street?

The Sub Registrar Office that covers VenugopalSwamy Nagar 3rd Street is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration of property transactions in Chembakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty.

When buying or selling property, the guideline value helps both parties understand the fair valuation of the property. It is important to note that the stamp duty is calculated based on the higher of the guideline value and the sale price, which can impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value for VenugopalSwamy Nagar 3rd Street?

The current guideline value for VenugopalSwamy Nagar 3rd Street is not published. The last notified rate was Rs 1,675 per sq.ft in the 2017 revision.

How often is the guideline value revised?

The guideline value is revised periodically, but there are no figures available for VenugopalSwamy Nagar 3rd Street in the revisions for the years 2024, 2023, 2012, 2007, 2003, and 2002.

What is the role of the Sub Registrar Office?

The Sub Registrar Office is responsible for the registration of property transactions and maintaining records of property ownership. The Selaiyur Sub Registrar Office covers VenugopalSwamy Nagar 3rd Street.

How is stamp duty calculated in Chembakkam?

Stamp duty in Chembakkam is charged on the higher of the guideline value and the sale price of the property. This ensures that the government receives appropriate revenue during property transactions.

What are the guideline values for other streets in Chembakkam?

Other streets in Chembakkam have varying guideline values, with some streets like Venugopal Swamy Nagar Extn at Rs 2,700 per sq.ft and Venugopal Street at Rs 1,300 per sq.ft as per the 2024 revision.