Guideline Value for Abirami Street(Devi Nagar)

Abirami Street(Devi Nagar) guideline value

The current guideline value of Abirami Street(Devi Nagar) is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Class I Type - I.

How the guideline value of Abirami Street(Devi Nagar) has changed

The guideline value for Abirami Street(Devi Nagar) has seen significant changes over the years. In the 2007 revision, the rate was Rs 400 per sq.ft, which increased to Rs 2,200 per sq.ft in the 2012 revision, marking a substantial rise of 450%. The most recent revision in 2024 has set the guideline value at Rs 2,400 per sq.ft, reflecting a 9% increase from the 2012 figure.

It is important to note that there are no figures available for the years 2003, 2002, 2017, and 2023 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 500%.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO with a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,400 per sq.ft, which is equal to the guideline value of Abirami Street(Devi Nagar).

• Abirami Lane: Rs 2,400 per sq.ft (2024)
• Abdulkalam Street (Subramaniam Nagar): Rs 2,400 per sq.ft (2024)
• Aarthi Nagar: Rs 2,400 per sq.ft (2024)
• Agananoor Street (Sri Sakthi Nagar): Rs 2,400 per sq.ft (2024)
• Agasthiyar Street (Senthil Nagar): Rs 2,700 per sq.ft (2024)
• Aishwarya Nagar: Rs 2,400 per sq.ft (2024)

Stamp duty and registration fee for property in Abirami Street(Devi Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value amounts to Rs 24,00,000. The stamp duty at 7% would be Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, bringing the total to Rs 2,16,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Abirami Street(Devi Nagar)?

The Sub Registrar Office that covers Abirami Street(Devi Nagar) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

When a property is sold, the guideline value is used to ensure that the transaction is recorded accurately and that the appropriate taxes are collected. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Abirami Street(Devi Nagar)?

The current guideline value of Abirami Street(Devi Nagar) is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 400 per sq.ft in 2007 to Rs 2,400 per sq.ft in 2024, marking a total increase of 500% over that period.

What is the land classification for Abirami Street(Devi Nagar)?

Abirami Street(Devi Nagar) is classified as Residential Class I Type - I.

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

Other streets in Thirumullaivoyal with a guideline value of Rs 2,400 per sq.ft include Abirami Lane, Abdulkalam Street (Subramaniam Nagar), Aarthi Nagar, and Agananoor Street (Sri Sakthi Nagar).

Where can I find the Sub Registrar Office for Abirami Street(Devi Nagar)?

The Sub Registrar Office for Abirami Street(Devi Nagar) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.