Guideline Value

Corporate

Guideline Value for Vijayalakshmi Nagar

₹400/sq.ft. (2023)

The guideline value for Vijayalakshmi Nagar in Nallur_2 village (Redhills SRO, Chennai zone) was last notified at Rs 400 per sq.ft (1 April 2023 revision); no 2024 rate has been published for this street. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Nallur_2

Village

Redhills

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 N/A
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
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)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Vijayalakshmi Nagar

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

Vijayalakshmi Nagar guideline value

The current guideline value of Vijayalakshmi Nagar, located in Nallur_2 village under the Redhills SRO, is Rs 400 per sq.ft. This value was established in the 2023 revision. The land classification for this area is Residential Class III Type - I.

How the guideline value of Vijayalakshmi Nagar has changed

The guideline value for Vijayalakshmi Nagar has undergone several revisions over the years. The 2017 revision set the guideline value at Rs 268 per sq.ft. This was a significant increase from the previous revisions, with the 2023 revision marking a further increase to Rs 400 per sq.ft, representing a change of +49% from 2017 to 2023.

There are no figures available for the years 2002, 2003, 2007, 2012, and 2024 in the register for this street. Thus, the only revisions we can reference are from 2017 and 2023.

Guideline values in Nallur_2

Currently, there are no specific village figures provided for Nallur_2. The guideline value for Vijayalakshmi Nagar is Rs 400 per sq.ft. There are no other streets in Nallur_2 under the Redhills SRO listed.

Stamp duty and registration fee for property in Vijayalakshmi Nagar

For a 1,000 sq.ft plot at the current rate of Rs 400 per sq.ft, the guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total to Rs 36,000. Duty is charged on the higher of the guideline value or the sale price. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Vijayalakshmi Nagar?

The Sub Registrar Office that covers Vijayalakshmi Nagar is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Nallur_2

The guideline value is an essential factor when registering property transactions in Nallur_2. It serves as the basis for calculating the stamp duty and registration fees that must be paid during the transaction.

When you buy or sell property, the guideline value or the sale price, whichever is higher, will determine the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Vijayalakshmi Nagar?

The current guideline value of Vijayalakshmi Nagar is Rs 400 per sq.ft as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 268 per sq.ft to Rs 400 per sq.ft, which is a change of +49%.

Are there any guideline values for the years 2002, 2003, 2007, 2012, and 2024?

No, the register does not provide any figures for Vijayalakshmi Nagar for the years 2002, 2003, 2007, 2012, and 2024.

What is the stamp duty rate for properties in Vijayalakshmi Nagar?

The stamp duty rate for properties in Vijayalakshmi Nagar is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Vijayalakshmi Nagar located?

The Sub Registrar Office for Vijayalakshmi Nagar is located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.