Guideline Value

Corporate

Guideline Value for Abiramipuram Main Road

₹2400/sq.ft.

The guideline value for Abiramipuram Main Road 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 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)

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 Abiramipuram Main Road

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Abiramipuram Main Road guideline value

The current guideline value of Abiramipuram Main Road is Rs 2,400 per sq.ft, effective from 1 July 2024. This road is located in Oragadam village and falls under the Ambattur SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Abiramipuram Main Road has changed

The guideline value for Abiramipuram Main Road has undergone several revisions over the years. The 2012 revision set the value at Rs 2,200 per sq.ft, which was later reduced to Rs 1,474 per sq.ft in 2017. Following this, the 2023 revision increased the value to Rs 2,200 per sq.ft, and the most recent 2024 revision has set it at Rs 2,400 per sq.ft, marking a 9% increase from the previous year.

In terms of percentage changes, the value increased by 49% from 2017 to 2023, while there was a decrease of 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by 9%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Oragadam

In Oragadam, there are 596 streets under the Ambattur SRO with 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, and Abiramipuram Main Road's 2024 figure of Rs 2,400 per sq.ft is above this median.

Stamp duty and registration fee for property in Abiramipuram Main Road

For a 1,000 sq.ft plot at the current rate of Rs 2,400 per sq.ft, the 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, totaling Rs 2,16,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Abiramipuram Main Road?

The Abiramipuram Main Road is covered by 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 Oragadam

The guideline value plays a crucial role in the registration process of property transactions in Oragadam. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring transparency and fairness in the property market.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees, which are essential costs that buyers must consider. This process helps in maintaining a standardized approach to property valuation in the region.

Frequently asked questions

What is the current guideline value of Abiramipuram Main Road?

The current guideline value of Abiramipuram Main Road 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 seen several changes, with the most recent increase being from Rs 2,200 per sq.ft in 2023 to Rs 2,400 per sq.ft in 2024, a 9% rise.

What is the land classification for Abiramipuram Main Road?

The land classification for Abiramipuram Main Road is Residential Special Type - I.

What are the stamp duty and registration fees for properties on this road?

For a property valued at Rs 24,00,000, the stamp duty would be Rs 1,68,000 and the registration fee would be Rs 48,000, totaling Rs 2,16,000.

Which office handles registrations for Abiramipuram Main Road?

The registrations for Abiramipuram Main Road are handled by the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.