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Guideline Value

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Guideline Value for Vivekananda 6th Street Ward No.13 Door No.1-12

₹660/sq.ft.

The guideline value for Vivekananda 6th Street Ward No.13 Door No.1-12 in Old Gummidipoondi village (Gummidipoondi SRO, Chennai zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Old Gummidipoondi

Village

Gummidipoondi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹660 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹146 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹128 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201
044_29570408
[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 Vivekananda 6th Street Ward No.13 Door No.1-12

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Vivekananda 6th Street Ward No.13 Door No.1-12 guideline value

The current guideline value for Vivekananda 6th Street Ward No.13 Door No.1-12 is Rs 660 per sq.ft, effective from 1 July 2024. This property is located in Old Gummidipoondi village, under the Gummidipoondi SRO, and is classified as Residential Class II Type - I.

How the guideline value of Vivekananda 6th Street Ward No.13 Door No.1-12 has changed

The guideline value for this street has seen several revisions over the years. In 2002, the value was Rs 128 per sq.ft, which increased to Rs 146 per sq.ft in 2003, marking a 14% rise. The value then saw a significant increase to Rs 400 per sq.ft in 2007, a change of 174%. In 2012, the value remained at Rs 600 per sq.ft, but then dropped to Rs 402 per sq.ft in 2017, reflecting a decrease of 33%.

From 2017 to 2023, the guideline value rose sharply to Rs 600 per sq.ft, representing a 49% increase. The most recent revision in 2024 set the value at Rs 660 per sq.ft, which is a 10% increase from the previous year. Overall, from 2002 to 2024, the guideline value has increased by 416%.

Guideline values in Old Gummidipoondi

In Old Gummidipoondi, there are 90 streets under the Gummidipoondi SRO that carry a 2024 guideline value ranging from Rs 220 to Rs 1,210 per sq.ft. The median value is Rs 660 per sq.ft, and the guideline value for Vivekananda 6th Street matches this median.

Stamp duty and registration fee for property in Vivekananda 6th Street Ward No.13 Door No.1-12

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value would be Rs 6,60,000. The stamp duty at 7% would amount to Rs 46,200, and the registration fee at 2% would be Rs 13,200, bringing the total fees to Rs 59,400. Duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Vivekananda 6th Street Ward No.13 Door No.1-12?

The Vivekananda 6th Street Ward No.13 Door No.1-12 falls under the Gummidipoondi Sub Registrar Office, located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201. To find your SRO, you can visit find your SRO.

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

When buying or selling property in Old Gummidipoondi, the guideline value is an essential factor in determining the stamp duty and registration fees. It serves as a benchmark for the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue from property transactions.

The guideline value is updated periodically, reflecting changes in market conditions and property values. Buyers and sellers should be aware of the current guideline value to ensure compliance with registration requirements and to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value for Vivekananda 6th Street Ward No.13 Door No.1-12?

The current guideline value for Vivekananda 6th Street Ward No.13 Door No.1-12 is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 128 per sq.ft in 2002 to Rs 660 per sq.ft in 2024, reflecting an overall increase of 416% over the years.

What is the land classification for this property?

The land classification for Vivekananda 6th Street Ward No.13 Door No.1-12 is Residential Class II Type - I.

Where can I find the Gummidipoondi Sub Registrar Office?

The Gummidipoondi Sub Registrar Office is located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the current guideline value would incur a stamp duty of Rs 46,200.