Guideline Value

Corporate

Guideline Value for Abirami Street

₹2400/sq.ft.

The guideline value for Abirami Street in Oragadam village (Ambattur SRO, Chennai zone) is Rs 2400 per sq.ft, effective 1 July 2024. It was Rs 2200 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Oragadam

Village

Ambattur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹2400 /sq.ft.
From 1-4-2023 ₹2200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1474 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹105 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹51 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[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 Abirami Street

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Abirami Street guideline value

The current guideline value of Abirami Street in Oragadam village, under the Ambattur SRO, is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is classified as Residential Special Type - I.

How the guideline value of Abirami Street has changed

The guideline value for Abirami Street has seen significant changes over the years. In 2002, the value was Rs 51 per sq.ft, which increased to Rs 105 per sq.ft in 2003, marking a 106% rise. The value continued to grow, reaching Rs 500 per sq.ft in 2007, a substantial increase of 376%. By 2012, the value was Rs 2,200 per sq.ft, reflecting a remarkable jump of 340% from the previous revision. However, this was followed by a decrease of 33%, bringing the value down to Rs 1,474 per sq.ft in 2017.

From 2017 to 2023, the guideline value rose significantly to Rs 2,200 per sq.ft, a 49% increase. The most recent revision in 2024 has set the value at Rs 2,400 per sq.ft, which is a 9% increase from the previous year. The overall change from 2002 to 2024 represents an increase of 4606%.

Guideline values in Oragadam

In Oragadam, there are 596 streets under the Ambattur SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 3,500 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, placing Abirami Street's 2024 value above this median.

Stamp duty and registration fee for property in Abirami Street

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, charged at 7%, would be Rs 1,68,000, while the registration fee at 2% would be Rs 48,000. Together, the total cost for stamp duty and registration fee would be 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.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Abirami Street?

The Sub Registrar Office covering Abirami Street 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 details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Oragadam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is used to calculate the applicable duties, ensuring that both the buyer and seller comply with the legal requirements set by the Registration Department.

Frequently asked questions

What is the current guideline value of Abirami Street?

The current guideline value of Abirami Street 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 51 per sq.ft in 2002 to Rs 2,400 per sq.ft in 2024, marking an overall increase of 4606% over the years.

What is the land classification of Abirami Street?

Abirami Street is classified as Residential Special Type - I.

What are the stamp duty and registration fees for property in Abirami Street?

For a 1,000 sq.ft plot, the stamp duty would be Rs 1,68,000 and the registration fee would be Rs 48,000, totaling Rs 2,16,000 based on the current guideline value.

Which office handles the registration for Abirami Street?

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