Guideline Value

Corporate

Guideline Value for Ambal Nagar Extension

₹4125/sq.ft.

The guideline value for Ambal Nagar Extension in Kilkattalai village (Pallavaram SRO, Chengalpattu zone) is Rs 4125 per sq.ft, effective 1 July 2024. It was Rs 3750 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kilkattalai

Village

Pallavaram

SRO

Mixed Type - I
History
Period Guideline Value
From 1-7-2024 ₹4125 /sq.ft.
From 1-4-2023 ₹3750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2512 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3750 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹700 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹317 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044
044-22413425
[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]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Ambal Nagar Extension

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Ambal Nagar Extension guideline value

The current guideline value of Ambal Nagar Extension in Kilkattalai village is Rs 4,125 per sq.ft, effective from 1 July 2024. This property falls under the Pallavaram SRO and is classified as Mixed Type - I land.

How the guideline value of Ambal Nagar Extension has changed

The guideline value for Ambal Nagar Extension has seen significant changes over the years. In 2003, the value was Rs 317 per sq.ft, which increased to Rs 700 per sq.ft in 2007. This was a remarkable rise of 121%. The value then surged to Rs 3,750 per sq.ft in 2012, marking an increase of 436%. However, it dropped to Rs 2,512 per sq.ft in 2017, reflecting a decrease of 33%. The value then rose again to Rs 3,750 per sq.ft in 2023, and most recently, it has increased to Rs 4,125 per sq.ft in 2024, which is a 10% rise.

Overall, from 2003 to 2024, the guideline value has increased by 1201%. It is important to note that there is no figure available for the year 2002 in the register for this street.

Guideline values in Kilkattalai

Kilkattalai village has a total of 194 streets under the Pallavaram SRO with a 2024 guideline value ranging from Rs 1,080 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,530 per sq.ft, placing Ambal Nagar Extension's 2024 figure above this median.

Stamp duty and registration fee for property in Ambal Nagar Extension

For a 1,000 sq.ft plot at the current guideline value of Rs 4,125 per sq.ft, the total guideline value amounts to Rs 41,25,000. The stamp duty at 7% would be Rs 2,88,750, and the registration fee at 2% would be Rs 82,500, bringing the total fees to Rs 3,71,250. 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 details.

Which Sub Registrar Office covers Ambal Nagar Extension?

The Sub Registrar Office covering Ambal Nagar Extension is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Kilkattalai. It serves as a benchmark for determining the stamp duty and registration fees applicable during the transaction. Buyers and sellers must be aware of the current guideline value to ensure compliance with local regulations.

When a property is registered, the stamp duty is calculated based on the higher amount between the guideline value and the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Ambal Nagar Extension?

The current guideline value of Ambal Nagar Extension is Rs 4,125 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 317 per sq.ft in 2003 to Rs 4,125 per sq.ft in 2024, reflecting an overall increase of 1201% over this period.

What is the registration fee for property in Ambal Nagar Extension?

The registration fee for property in Ambal Nagar Extension is calculated at 2% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office located for Ambal Nagar Extension?

The Pallavaram Sub Registrar Office is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.

What are the guideline values of other streets in Kilkattalai?

Other streets in Kilkattalai have varying guideline values, with rates ranging from Rs 1,080 to Rs 5,500 per sq.ft. Ambal Nagar Extension's value is Rs 4,125 per sq.ft, which is above the median value of Rs 2,530 per sq.ft for the area.