Guideline Value

Corporate

Guideline Value for AMBAL NAGAR MAIN ROAD

₹4125/sq.ft.

The guideline value for Ambal Nagar Main Road in Kilkattalai village (Pallavaram SRO, Chengalpattu zone) is Rs 4125 per sq.ft, effective 1 July 2024. It was Rs 3750 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kilkattalai

Village

Pallavaram

SRO

Mixed Type - I
History
Period Guideline Value
From 1-7-2024 ₹4125 /sq.ft.
From 1-4-2023 ₹3750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2512 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3750 /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)

7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044
044-22413425
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Ambal Nagar Main Road

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Ambal Nagar Main Road guideline value

The current guideline value of Ambal Nagar Main Road is Rs 4,125 per sq.ft, effective from 1 July 2024. This road is located in Kilkattalai village, under the Pallavaram SRO, and is classified as Mixed Type - I.

How the guideline value of Ambal Nagar Main Road has changed

The guideline value for Ambal Nagar Main Road has seen several revisions over the years. In the 2012 revision, the value was Rs 3,750 per sq.ft, which then decreased to Rs 2,512 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 3,750 per sq.ft in the 2023 revision, and then to Rs 4,125 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. The changes between the revisions are as follows: from 2017 to 2023, there was a 49% increase, while the 2012 to 2017 revision saw a decrease of 33%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kilkattalai

Kilkattalai village has a total of 194 streets under the Pallavaram SRO that carry a 2024 guideline value, ranging from Rs 1,080 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,530 per sq.ft, placing Ambal Nagar Main Road's 2024 figure above that median.

Stamp duty and registration fee for property in Ambal Nagar Main Road

For a 1,000 sq.ft plot at the current guideline value, the total guideline value would be Rs 41,25,000. The stamp duty at 7% would amount to Rs 2,88,750, and the registration fee at 2% would be Rs 82,500, bringing the total to Rs 3,71,250. It is important to note that the 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 precise calculations.

Which Sub Registrar Office covers Ambal Nagar Main Road?

The Sub Registrar Office that covers Ambal Nagar Main Road is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Kilkattalai. It serves as a benchmark for determining the minimum price at which a property can be registered. Buyers and sellers often use this value to negotiate the sale price of a property.

When registering a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Ambal Nagar Main Road?

The current guideline value of Ambal Nagar Main Road is Rs 4,125 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,750 per sq.ft in 2012 to Rs 2,512 per sq.ft in 2017, then to Rs 3,750 per sq.ft in 2023, and finally to Rs 4,125 per sq.ft in 2024.

What are the other streets in Kilkattalai with similar guideline values?

Other streets in Kilkattalai with similar guideline values include Ambal Nagar Extension, Ambal Nagar 1 To 24 Streets, Alandur Main Road, and Alamelumangapuram, all at Rs 4,125 per sq.ft in 2024.

What fees are associated with buying property on Ambal Nagar Main Road?

The fees associated with buying property include a stamp duty of 7% and a registration fee of 2% on the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Ambal Nagar Main Road?

The Sub Registrar Office for Ambal Nagar Main Road is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044.