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Guideline Value for Vivekananda 8th Street Ward No.13 Door No.1-9D

₹660/sq.ft.

The guideline value for Vivekananda 8th Street Ward No.13 Door No.1-9d 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 8th Street Ward No.13 Door No.1-9d

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Vivekananda 8th Street Ward No.13 Door No.1-9D guideline value

The current guideline value for Vivekananda 8th Street Ward No.13 Door No.1-9D 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 8th Street Ward No.13 Door No.1-9D has changed

The guideline value for this street has seen several revisions over the years. Starting from Rs 128 per sq.ft in 2002, the value increased to Rs 146 per sq.ft in 2003, marking a 14% rise. It further increased to Rs 400 per sq.ft in 2007, a significant jump of 174%. The value then rose to Rs 600 per sq.ft in 2012, reflecting a 50% increase. However, from 2012 to 2017, the value decreased by 33% to Rs 402 per sq.ft. After that, it rose to Rs 600 per sq.ft in 2023, a 49% increase, and finally reached Rs 660 per sq.ft in 2024, marking a 10% rise.

There are no figures available for the revisions of this street in the years not mentioned in the register. The overall change from 2002 to 2024 is an increase of 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, which is equal to the guideline value for Vivekananda 8th Street Ward No.13 Door No.1-9D.

Stamp duty and registration fee for property in Vivekananda 8th Street Ward No.13 Door No.1-9D

For a 1,000 sq.ft plot at the current guideline value, 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, totaling Rs 59,400. It is important to note that 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 details.

Which Sub Registrar Office covers Vivekananda 8th Street Ward No.13 Door No.1-9D?

The Vivekananda 8th Street Ward No.13 Door No.1-9D is covered by the Gummidipoondi Sub Registrar Office, located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201, Chennai registration zone. For more information, you can find your SRO.

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

The guideline value is a crucial factor in property transactions in Old Gummidipoondi. It serves as a benchmark for determining the stamp duty and registration fees applicable during the registration of property transactions. Buyers and sellers should be aware that the guideline value may influence the financial aspects of the transaction.

When registering a property, the guideline value is used to calculate the stamp duty and registration fee, ensuring that these costs are aligned with the official valuation set by the authorities. This helps maintain transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value for Vivekananda 8th Street Ward No.13 Door No.1-9D?

The current guideline value for Vivekananda 8th Street Ward No.13 Door No.1-9D is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2002, the guideline value has increased from Rs 128 per sq.ft 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 property is classified as Residential Class II Type - I, indicating its suitability for residential development within the area.

Where can I find the registration office for this property?

The Gummidipoondi Sub Registrar Office covers this property, located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201, Chennai registration zone.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is 2% of the same. For example, a 1,000 sq.ft plot would incur a total of Rs 59,400 in fees based on the current guideline value.