Guideline Value for Ambal Nagar 4thStreet
₹1100/sq.ft.
The guideline value for Ambal Nagar 4thstreet in Chembakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Chembakkam
Village
Selaiyur
SRO
Residential Class III Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1100 /sq.ft. |
| From 1-4-2023 | ₹1000 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹670 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1000 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹300 /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)
No.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]
DRO (District Registrar Office)
Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]
Records for a plot on Ambal Nagar 4thstreet
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Selaiyur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Ambal Nagar 4thStreet guideline value
The current guideline value of Ambal Nagar 4thStreet is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Chembakkam village under the Selaiyur SRO and is classified as Residential Class III Type - II.
How the guideline value of Ambal Nagar 4thStreet has changed
The guideline value for Ambal Nagar 4thStreet has seen several revisions over the years. In 2007, the guideline value was Rs 300 per sq.ft. This increased significantly to Rs 1,000 per sq.ft in 2012, marking a change of +233%. However, from 2012 to 2017, the value decreased to Rs 670 per sq.ft, a decline of -33%. The value then rose again to Rs 1,000 per sq.ft in 2023, reflecting a +49% increase. The most recent revision in 2024 set the guideline value at Rs 1,100 per sq.ft, which is a +10% increase from the previous year.
The register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by +267%.
Guideline values in Chembakkam
In Chembakkam, there are 472 streets under the Selaiyur SRO, with guideline values ranging from Rs 850 to Rs 6,700 per sq.ft. The median guideline value in the village is Rs 2,200 per sq.ft, placing Ambal Nagar 4thStreet's 2024 figure below that median.
- Ambal Nagar 3rd Street: Rs 1,100 per sq.ft (2024)
- Ambal Nagar 5th Street: Rs 1,100 per sq.ft (2024)
- Ambal Nagar 6th Street: Rs 1,100 per sq.ft (2024)
- Ambal Nagar 2nd Street: Rs 1,100 per sq.ft (2024)
- Ambal Nagar 7th Street: Rs 1,100 per sq.ft (2024)
- Ambal Nagar 1st Street: Rs 1,100 per sq.ft (2024)
Stamp duty and registration fee for property in Ambal Nagar 4thStreet
For a 1,000 sq.ft plot at the current rate of Rs 1,100 per sq.ft, the guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, making the total Rs 99,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Ambal Nagar 4thStreet?
The Sub Registrar Office that covers Ambal Nagar 4thStreet is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Chembakkam
The guideline value is a critical factor in the registration process when buying or selling property in Chembakkam. It serves as the basis for calculating stamp duty and registration fees, ensuring that the government receives due revenue from property transactions.
When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to determine the applicable fees. This ensures that all transactions are fairly assessed according to the established rates in the region.
Frequently asked questions
What is the current guideline value of Ambal Nagar 4thStreet?
The current guideline value of Ambal Nagar 4thStreet is Rs 1,100 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 300 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of +267% over the years.
What is the median guideline value in Chembakkam?
The median guideline value in Chembakkam is Rs 2,200 per sq.ft, which is higher than the current guideline value of Ambal Nagar 4thStreet.
What are the stamp duty and registration fees for properties in Ambal Nagar 4thStreet?
For a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 and the registration fee would be Rs 22,000, totaling Rs 99,000.
Which office handles registrations for Ambal Nagar 4thStreet?
The Selaiyur Sub Registrar Office handles registrations for Ambal Nagar 4thStreet, located at No.36, Bharathmatha Salai, East Tambaram, Chennai - 600 073.
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