Guideline Value

Corporate

Guideline Value for Voltas Colony 5th Street

₹4400/sq.ft.

The guideline value for Voltas Colony 5th Street in Thalakanancherry village (Alandur SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thalakanancherry

Village

Alandur

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1750 /sq.ft.
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)

12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061
044-22240222
[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 Voltas Colony 5th Street

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

Voltas Colony 5th Street guideline value

The current guideline value of Voltas Colony 5th Street is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Thalakanancherry village under the Alandur SRO, classified as Residential Class I Type - II.

How the guideline value of Voltas Colony 5th Street has changed

Over the years, the guideline value for Voltas Colony 5th Street has seen significant changes. The 2007 revision set the value at Rs 1,750 per sq.ft, which increased to Rs 4,000 per sq.ft in 2012, reflecting a rise of 129%. However, it dropped to Rs 2,680 per sq.ft in 2017, a decrease of 33%. The value then surged to Rs 4,000 per sq.ft in 2023, marking a 49% increase. The latest revision in 2024 brought the value to Rs 4,400 per sq.ft, a 10% increase from the previous year.

The register has no figures for the years 2002 and 2003 concerning this street. Overall, from 2007 to 2024, the guideline value has increased by 151%.

Guideline values in Thalakanancherry

In Thalakanancherry, there are 318 streets under the Alandur SRO that carry a 2024 guideline value, ranging from Rs 2,200 to Rs 5,500 per sq.ft, with a median of Rs 3,900 per sq.ft. The guideline value for Voltas Colony 5th Street is above this median.

Stamp duty and registration fee for property in Voltas Colony 5th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total to Rs 3,96,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Voltas Colony 5th Street?

The Sub Registrar Office that covers Voltas Colony 5th Street is the Alandur Sub Registrar Office, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thalakanancherry. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the transaction is recorded accurately and legally.

When a property is sold, the buyer must pay the applicable stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Voltas Colony 5th Street?

The current guideline value of Voltas Colony 5th Street is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 1,750 per sq.ft in 2007 to Rs 4,400 per sq.ft in 2024, marking an overall increase of 151%.

What are the other streets in Thalakanancherry with the same guideline value?

Other streets in Thalakanancherry with the same guideline value of Rs 4,400 per sq.ft include Voltas Colony 2nd Street, Voltas Colony 3rd Street, Voltas Colony 4th Street, Voltas Colony 6th Street, Voltas Colony 7th Street, and Voltas Colony 8th Street.

What is the registration fee for property in Voltas Colony 5th Street?

The registration fee for property in Voltas Colony 5th Street is calculated at 2% of the guideline value. For a property valued at Rs 44,00,000, the registration fee would be Rs 88,000.

Where can I find the Sub Registrar Office for Voltas Colony 5th Street?

The Sub Registrar Office for Voltas Colony 5th Street is located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061. You can also find your SRO online.