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Guideline Value for Vinayagar Koil Street

₹300/sq.ft.

The guideline value for Vinayagar Koil Street in Katrampakkam village (Sriperumpudur SRO, Chengalpattu zone) is Rs 300 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Katrampakkam

Village

Sriperumpudur

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹300 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹300 /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)

27, Chetty Street, Sriperumpudur-602 105
044-27163925
[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 Vinayagar Koil Street

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Vinayagar Koil Street guideline value

The current guideline value of Vinayagar Koil Street is Rs 300 per sq.ft, effective from 1 July 2024. This street is located in Katrampakkam village under the Sriperumpudur SRO, classified as Residential Class II Type - I.

How the guideline value of Vinayagar Koil Street has changed

In the 2012 revision, the guideline value was set at Rs 300 per sq.ft. This remained unchanged until the 2017 revision, where it decreased to Rs 201 per sq.ft. Following this, the value increased significantly to Rs 300 per sq.ft in the 2023 revision, maintaining this rate in the 2024 revision, resulting in a 49% increase from 2017 to 2023.

It is noteworthy that the guideline value has not changed from 2023 to 2024, showing a 0% change. Additionally, the revisions for the years 2002, 2003, and 2007 do not have any figures recorded for Vinayagar Koil Street in the register.

Guideline values in Katrampakkam

Katrampakkam village has 41 streets under the Sriperumpudur SRO, with 2024 guideline values ranging from Rs 150 to Rs 800 per sq.ft. The median guideline value for these streets is Rs 250 per sq.ft, placing Vinayagar Koil Street's 2024 value above this median.

Stamp duty and registration fee for property in Vinayagar Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, making the total charges Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Vinayagar Koil Street?

The Sub Registrar Office that covers Vinayagar Koil Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Katrampakkam. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that both the buyer and seller are aware of the official value assigned to the property.

When a property is registered, the guideline value serves as a benchmark to prevent undervaluation. This ensures that the government receives appropriate revenue from property transactions, reflecting the true value of the property in the local market.

Frequently asked questions

What is the current guideline value of Vinayagar Koil Street?

The current guideline value of Vinayagar Koil Street is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 300 per sq.ft from 2012 to 2024, with a decrease to Rs 201 per sq.ft in 2017. The value increased by 49% from 2017 to 2023 but showed no change from 2023 to 2024.

What are the guideline values for other streets in Katrampakkam?

Other streets in Katrampakkam have a 2024 guideline value ranging from Rs 150 to Rs 800 per sq.ft, with a median value of Rs 250 per sq.ft. Vinayagar Koil Street's value is above this median.

What fees are associated with property registration in Vinayagar Koil Street?

When registering a property, the stamp duty is 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 3,00,000, the total fees would amount to Rs 27,000.

Where can I find the Sub Registrar Office for Vinayagar Koil Street?

The Sub Registrar Office for Vinayagar Koil Street is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find more details through the provided link.