Guideline Value for Vijayakumar Avenue
₹1600/sq.ft.
The guideline value for Vijayakumar Avenue in Chembakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 1600 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Chembakkam
Village
Selaiyur
SRO
Residential Class II Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1600 /sq.ft. |
| From 1-4-2023 | ₹1500 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹1005 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1500 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹250 /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)
No.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[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]
Records for a plot on Vijayakumar Avenue
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Selaiyur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
Need Complete Property Verification?
Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place
Vijayakumar Avenue guideline value
The current guideline value of Vijayakumar Avenue is Rs 1,600 per sq.ft, effective from 1 July 2024. This street is located in Chembakkam village, under the Selaiyur SRO, and is classified as Residential Class II Type - I.
How the guideline value of Vijayakumar Avenue has changed
Over the years, the guideline value of Vijayakumar Avenue has seen several revisions. The earliest recorded value was Rs 250 per sq.ft in 2007, which then increased significantly to Rs 1,500 per sq.ft in 2012. However, it dropped to Rs 1,005 per sq.ft in 2017 before rising again to Rs 1,500 per sq.ft in 2023. The most recent revision in 2024 set the value at Rs 1,600 per sq.ft. Notably, there are no figures available for the years 2002 and 2003.
From 2007 to 2012, the guideline value increased by 500%, but it saw a decrease of 33% from 2012 to 2017. The value then rose by 49% from 2017 to 2023, and most recently, it increased by 7% from 2023 to 2024. Overall, the guideline value has increased by 540% from 2007 to 2024.
Guideline values in Chembakkam
In Chembakkam, there are 472 streets under the Selaiyur SRO with a 2024 guideline value ranging from Rs 850 to Rs 6,700 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, placing Vijayakumar Avenue's 2024 figure below this median.
- V.G.P. Pon Nagar North: Rs 2,200 per sq.ft (2024)
- V.G.P. Pon Nagar Main Road: Rs 2,200 per sq.ft (2024)
- V.G.P. Pon Nagar Extn: Rs 2,200 per sq.ft (2024)
- V.G.P. Pon Nagar 8th Cross Street: Rs 2,200 per sq.ft (2024)
- V.G.P. Pon Nagar 7th Street: Rs 2,200 per sq.ft (2024)
- V.G.P. Pon Nagar 7th Cross Street: Rs 2,200 per sq.ft (2024)
Stamp duty and registration fee for property in Vijayakumar Avenue
For a 1,000 sq.ft plot at the current guideline value of Rs 1,600 per sq.ft, the total guideline value amounts to Rs 16,00,000. The stamp duty at 7% would be Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, summing up to a total of Rs 1,44,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
You can use the stamp duty and registration fee calculator for more detailed calculations.
Which Sub Registrar Office covers Vijayakumar Avenue?
The Sub Registrar Office that covers Vijayakumar Avenue is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.
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 stamp duty and registration fees that need to be paid when a property is sold or purchased.
When buyers and sellers engage in a transaction, the guideline value helps ensure that the property is registered at a value that reflects the official rates set by the government. This process aids in maintaining transparency and accountability in property dealings.
Frequently asked questions
What is the current guideline value of Vijayakumar Avenue?
The current guideline value of Vijayakumar Avenue is Rs 1,600 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has increased from Rs 250 per sq.ft in 2007 to Rs 1,600 per sq.ft in 2024, marking an overall increase of 540% over the period.
What are the stamp duty and registration fees for properties in Vijayakumar Avenue?
For a property valued at Rs 16,00,000, the stamp duty would be Rs 1,12,000 and the registration fee would be Rs 32,000, totaling Rs 1,44,000.
Which Sub Registrar Office covers Vijayakumar Avenue?
The Selaiyur Sub Registrar Office covers Vijayakumar Avenue, located at No.36, Bharathmatha Salai, East Tambaram, Chennai - 600 073.
What is the land classification for Vijayakumar Avenue?
Vijayakumar Avenue is classified as Residential Class II Type - I, indicating its designation for residential purposes.
Ask the records, or walk the map.
LandLens One answers from Tamil Nadu land law itself, cited to the page, then acts on the registers. One Map lights them up on the parcel. Your history stays in one place across both.
YOU APPROVE ANY SPEND
A customer has just used our Building Plan Approval Services
1 hour ago
