Guideline Value

Corporate

Guideline Value for Vetri Nagar Part-II

₹200/sq.ft.

The guideline value for Vetri Nagar Part-ii in Koozhangacheri village (Sunguvarchattram SRO, Chengalpattu zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Koozhangacheri

Village

Sunguvarchattram

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹134 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹200 /sq.ft.
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 Vetri Nagar Part-ii

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Vetri Nagar Part-II guideline value

The current guideline value of Vetri Nagar Part-II is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in Koozhangacheri village, under the Sunguvarchattram SRO, and is classified as Residential Class III Type - I.

How the guideline value of Vetri Nagar Part-II has changed

In the 2012 revision, the guideline value was set at Rs 200 per sq.ft. This remained unchanged until the 2017 revision, where it decreased to Rs 134 per sq.ft, reflecting a drop of 33%. The 2023 revision brought the value back to Rs 200 per sq.ft, and this figure remained the same in the 2024 revision, indicating no change from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, from the 2012 to the 2024 revision, the guideline value has remained constant, showing an overall change of 0% during this period. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Koozhangacheri

In Koozhangacheri, there are 47 streets under the Sunguvarchattram SRO that carry a guideline value for 2024, ranging from Rs 200 to Rs 1,200 per sq.ft. The median guideline value in this village is Rs 226 per sq.ft, making the 2024 figure for Vetri Nagar Part-II below that median.

Stamp duty and registration fee for property in Vetri Nagar Part-II

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value is Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, making the total fees together Rs 18,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can calculate your fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Vetri Nagar Part-II?

The Sub Registrar Office that covers Vetri Nagar Part-II is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Koozhangacheri. It serves as a reference point for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is used to calculate the applicable duties, ensuring that both buyers and sellers are aware of the financial implications of their transactions. This process helps maintain transparency in property dealings within the region.

Frequently asked questions

What is the current guideline value for Vetri Nagar Part-II?

The current guideline value for Vetri Nagar Part-II is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Vetri Nagar Part-II has experienced several changes, with a notable decrease from Rs 200 per sq.ft in 2012 to Rs 134 per sq.ft in 2017, followed by an increase back to Rs 200 per sq.ft in 2023 and 2024.

What is the median guideline value in Koozhangacheri?

The median guideline value in Koozhangacheri is Rs 226 per sq.ft, which is above the current guideline value of Rs 200 per sq.ft for Vetri Nagar Part-II.

What are the stamp duty and registration fees for property in Vetri Nagar Part-II?

For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 and the registration fee would be Rs 4,000, totaling Rs 18,000. These fees are calculated based on the higher of the guideline value or the sale price.

Which office handles property registrations in Vetri Nagar Part-II?

The Sunguvarchattram Sub Registrar Office handles property registrations for Vetri Nagar Part-II, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.