Guideline Value for AMBIGAPURAM

₹770/sq.ft.

The guideline value for Ambigapuram in Thiruninravur-b village (Avadi SRO, Chennai zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹770 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[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 Ambigapuram

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Ambigapuram guideline value

The current guideline value of Ambigapuram, located in Thiruninravur-B village under the Avadi SRO, is Rs 770 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class II Type - III land classification.

How the guideline value of Ambigapuram has changed

The guideline value for Ambigapuram has seen several revisions over the years. The 2017 revision set the value at Rs 469 per sq.ft, which increased to Rs 700 per sq.ft in the 2023 revision. The most recent revision in 2024 has further raised the value to Rs 770 per sq.ft, marking a significant increase of 64% overall from 2017 to 2024. Notably, there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street.

From 2023 to 2024, the guideline value increased by 10%, reflecting a consistent upward trend in the valuation. The jump from 2017 to 2023 was even more pronounced, with a 49% increase during that period.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft, with a median value of Rs 770 per sq.ft. Ambigapuram's 2024 guideline value aligns perfectly with this median.

Stamp duty and registration fee for property in Ambigapuram

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value amounts to Rs 7,70,000. The stamp duty, charged at 7%, would be Rs 53,900, while the registration fee at 2% would be Rs 15,400. Together, these fees total Rs 69,300. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ambigapuram?

The Sub Registrar Office covering Ambigapuram is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Thiruninravur-B

The guideline value plays a crucial role during property registration in Thiruninravur-B. It is used to determine the stamp duty and registration fees payable when a property is bought or sold. Buyers and sellers must be aware of this value to ensure compliance with legal and financial obligations during the transaction.

Additionally, the guideline value serves as a benchmark for property transactions, helping to establish a fair basis for pricing. It is essential for both parties to understand the implications of the guideline value in the context of their property dealings.

Frequently asked questions

What is the current guideline value of Ambigapuram?

The current guideline value of Ambigapuram is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in 2023, and then to Rs 770 per sq.ft in 2024, reflecting an overall increase of 64% from 2017 to 2024.

What is the land classification of Ambigapuram?

Ambigapuram is classified as Residential Class II Type - III, which indicates its suitability for residential development.

Where can I find the Sub Registrar Office for Ambigapuram?

The Sub Registrar Office for Ambigapuram is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the guideline value of Rs 770 per sq.ft would incur a total of Rs 69,300 in fees.