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Guideline Value

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Guideline Value for AYYAVOO COLONY -AMMAYEE AMMAL LANE

₹6600/sq.ft.

The guideline value for Ayyavoo Colony -ammayee Ammal Lane in Arumbakkam village (Kodambakkam SRO, Chennai zone) is Rs 6600 per sq.ft, effective 1 July 2024. It was Rs 6000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Arumbakkam

Village

Kodambakkam

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹6600 /sq.ft.
From 1-4-2023 ₹6000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4020 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹6000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1350 /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)

2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.
044-24843265
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Ayyavoo Colony -ammayee Ammal Lane

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Ayyavoo Colony -Ammayee Ammal Lane guideline value

The current guideline value for Ayyavoo Colony -Ammayee Ammal Lane is Rs 6,600 per sq.ft, effective from 1 July 2024. This street is located in Arumbakkam village, under the Kodambakkam SRO, and is classified as Residential Special Type - I.

How the guideline value of Ayyavoo Colony -Ammayee Ammal Lane has changed

The guideline value for Ayyavoo Colony -Ammayee Ammal Lane has seen several revisions over the years. The 2007 revision set the value at Rs 1,350 per sq.ft, which increased significantly to Rs 6,000 per sq.ft in the 2012 revision, marking an increase of 344%. However, in the 2017 revision, the value decreased to Rs 4,020 per sq.ft, a drop of 33%. The value then rose to Rs 6,000 per sq.ft in the 2023 revision, and most recently, it has been set at Rs 6,600 per sq.ft in the 2024 revision, reflecting a 10% increase.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 389%. It is important to note that there are no figures available for this street in the 2002 and 2003 revisions.

Guideline values in Arumbakkam

In Arumbakkam, there are 391 streets under the Kodambakkam SRO that have a 2024 guideline value ranging from Rs 3,300 to Rs 16,500 per sq.ft. The median guideline value for these streets is Rs 6,000 per sq.ft, and Ayyavoo Colony -Ammayee Ammal Lane's 2024 figure is above this median.

Stamp duty and registration fee for property in Ayyavoo Colony -Ammayee Ammal Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 6,600 per sq.ft, the total guideline value would be Rs 66,00,000. The stamp duty at 7% would be Rs 4,62,000, and the registration fee at 2% would be Rs 1,32,000, making the total Rs 5,94,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Ayyavoo Colony -Ammayee Ammal Lane?

The Ayyavoo Colony -Ammayee Ammal Lane falls under the Kodambakkam Sub Registrar Office located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Arumbakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that transactions are conducted transparently and fairly.

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

Frequently asked questions

What is the current guideline value for Ayyavoo Colony -Ammayee Ammal Lane?

The current guideline value for Ayyavoo Colony -Ammayee Ammal Lane is Rs 6,600 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 1,350 per sq.ft in 2007 to Rs 6,600 per sq.ft in 2024, reflecting an overall increase of 389% over the period.

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

Other streets in Arumbakkam that share the same guideline value of Rs 6,600 per sq.ft include Ayyavoo Colony -Ammayee Ammal Street, Ayyavoo Colony -Ayyavoo Street, Ayyavoo Colony -Duraiswamy Street, Ayyavoo Colony -Indirani Street, and Ayyavoo Colony -Jayammal Street.

What is the stamp duty rate for property transactions in Ayyavoo Colony?

The stamp duty rate for property transactions in Ayyavoo Colony is 7% of the guideline value or the sale price, whichever is higher.

Where is the Kodambakkam Sub Registrar Office located?

The Kodambakkam Sub Registrar Office is located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.