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Guideline Value

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Guideline Value for Vijayaraghavapuram 6th Cross Street

₹2750/sq.ft.

The guideline value for Vijayaraghavapuram 6th Cross Street in Saligramam village (Virugambakkam SRO, Chennai zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Saligramam

Village

Virugambakkam

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹550 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹450 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹412 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Vijayaraghavapuram 6th Cross Street

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Vijayaraghavapuram 6th Cross Street guideline value

The current guideline value of Vijayaraghavapuram 6th Cross Street is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Saligramam village and falls under the Virugambakkam SRO. The land classification for this area is Residential Class III Type - II.

How the guideline value of Vijayaraghavapuram 6th Cross Street has changed

The guideline value for Vijayaraghavapuram 6th Cross Street has undergone several revisions since 2002. In 2002, the value was Rs 412 per sq.ft, which increased to Rs 450 per sq.ft in 2003. Following this, the value rose to Rs 550 per sq.ft in 2007, and then saw a significant jump to Rs 2,500 per sq.ft in 2012. However, it decreased to Rs 1,675 per sq.ft in 2017 before increasing to Rs 2,500 per sq.ft in 2023. The latest revision in 2024 has set the guideline value at Rs 2,750 per sq.ft.

From 2017 to 2023, there was a 49% increase, while the jump from 2012 to 2017 represented a decrease of 33%. The value surged by 355% from 2007 to 2012, and increased by 22% from 2003 to 2007. Overall, from 2002 to 2024, the guideline value has increased by 567%. There are no figures available for other revisions for this street.

Guideline values in Saligramam

In Saligramam, there are 333 streets under the Virugambakkam SRO that carry a 2024 guideline value ranging from Rs 2,750 to Rs 13,200 per sq.ft, with a median value of Rs 4,400 per sq.ft. Vijayaraghavapuram 6th Cross Street's 2024 figure is below this median.

Stamp duty and registration fee for property in Vijayaraghavapuram 6th Cross Street

For a 1,000 sq.ft plot at the current rate of Rs 2,750 per sq.ft, the guideline value is Rs 27,50,000. The stamp duty at 7% would be Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, making the total Rs 2,47,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can calculate your fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Vijayaraghavapuram 6th Cross Street?

The Vijayaraghavapuram 6th Cross Street is covered by the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for more information.

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

The guideline value is an essential factor during the registration of property transactions in Saligramam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these charges are based on a standardized value set by the government.

Frequently asked questions

What is the current guideline value of Vijayaraghavapuram 6th Cross Street?

The current guideline value of Vijayaraghavapuram 6th Cross Street is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 412 per sq.ft in 2002 to Rs 2,750 per sq.ft in 2024, reflecting an overall increase of 567% over this period.

What is the land classification for Vijayaraghavapuram 6th Cross Street?

The land classification for Vijayaraghavapuram 6th Cross Street is Residential Class III Type - II.

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

For a property valued at Rs 27,50,000, the stamp duty would be Rs 1,92,500 and the registration fee would be Rs 55,000, totaling Rs 2,47,500.

Where is the Sub Registrar Office located for this street?

The Virugambakkam Sub Registrar Office is located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.