Guideline Value

Corporate

Guideline Value for ATHIPATTU NEW TOWN

₹330/sq.ft.

The guideline value for Athipattu New Town in Athipattu village (Thiruvottiyur SRO, Chennai zone) is Rs 330 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Athipattu

Village

Thiruvottiyur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹330 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /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)

21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019
044-25992232
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Athipattu New Town

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Athipattu New Town guideline value

The current guideline value of Athipattu New Town is Rs 330 per sq.ft, effective from 1 July 2024. This area is located in Athipattu village under the Thiruvottiyur SRO and is classified as Residential Class I Type - I.

How the guideline value of Athipattu New Town has changed

The guideline value for Athipattu New Town has seen several revisions over the years. The 2017 revision set the value at Rs 201 per sq.ft, which increased to Rs 300 per sq.ft in the 2023 revision. The most recent revision in 2024 raised this figure to Rs 330 per sq.ft, marking a 10% increase from the previous year. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

When looking at the changes over the years, the guideline value increased by 49% from 2017 to 2023 and has seen an overall increase of 64% from 2017 to 2024. The consistent rise reflects the adjustments made to the property values in this area.

Guideline values in Athipattu

Athipattu village has a total of 108 streets under the Thiruvottiyur SRO that carry a 2024 guideline value, ranging from Rs 220 to Rs 462 per sq.ft. The median guideline value is Rs 330 per sq.ft, which is the same as the current value for Athipattu New Town.

Stamp duty and registration fee for property in Athipattu New Town

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value amounts to Rs 3,30,000. The stamp duty at 7% would be Rs 23,100, and the registration fee at 2% would be Rs 6,600, bringing the total fees to Rs 29,700. 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 based on your property details.

Which Sub Registrar Office covers Athipattu New Town?

The Sub Registrar Office that covers Athipattu New Town is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. For more information, you can find your SRO.

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

The guideline value is an important factor when registering a property in Athipattu New Town. It serves as a benchmark for determining the minimum value at which the property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value helps both parties understand the value of the property in the eyes of the law. It is crucial for buyers to be aware of this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Athipattu New Town?

The current guideline value of Athipattu New Town is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023, and now to Rs 330 per sq.ft in 2024. This represents a 64% increase from 2017 to 2024.

What is the registration office for Athipattu New Town?

The registration office for Athipattu New Town is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.

What are the stamp duty rates for properties in Athipattu?

The stamp duty rate for properties in Athipattu is 7% of the guideline value or sale price, whichever is higher. The registration fee is 2% of the guideline value.

Are there other streets with the same guideline value in Athipattu?

Yes, several other streets in Athipattu have the same guideline value of Rs 330 per sq.ft as Athipattu New Town, including Athipattu Colony, Ashoka Puram, Arokiya Nagar, Balaji Nagar, Balamurugan Nagar, and Annai Avenue.