Guideline Value for Ambethkar Main Road
₹550/sq.ft.
The guideline value for Ambethkar Main Road in Agaramthen village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 550 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Agaramthen
Village
Tambaram Joint 1
SRO
Residential Class I Type - III
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹550 /sq.ft. |
| From 1-4-2023 | ₹500 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹335 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹500 /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)
No.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[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 Ambethkar Main Road
- 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
- Tambaram Joint 1 sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
Need Complete Property Verification?
Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place
Ambethkar Main Road guideline value
The current guideline value of Ambethkar Main Road in Agaramthen village is Rs 550 per sq.ft, effective from 1 July 2024. This property falls under the Tambaram Joint 1 SRO and is classified as Residential Class I Type - III.
How the guideline value of Ambethkar Main Road has changed
The guideline value for Ambethkar Main Road has seen several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which was then reduced to Rs 335 per sq.ft in 2017. Following this, the value increased to Rs 500 per sq.ft in 2023, and currently, it stands at Rs 550 per sq.ft as of the 2024 revision, marking a 10% increase from the previous year.
From 2017 to 2023, the guideline value rose by 49%. Overall, from 2012 to 2024, the increase is 10%. The register has no figures for the revisions in 2002, 2003, and 2007 for this street.
Guideline values in Agaramthen
Agaramthen village features a total of 125 streets under the Tambaram Joint 1 SRO, with guideline values ranging from Rs 440 to Rs 3,700 per sq.ft. The median guideline value in this area is Rs 830 per sq.ft, indicating that the current value of Ambethkar Main Road is below this median.
- Ambedkar Street: Rs 440 per sq.ft (2024)
- Allikulam Street: Rs 440 per sq.ft (2024)
- Anna Cross Street: Rs 550 per sq.ft (2024)
- Agaram Main Road: Rs 990 per sq.ft (2024)
- Annai Sathiya 1st Main Road: Rs 830 per sq.ft (2024)
- Annai Sathiya Nagar 2nd Main Road: Rs 830 per sq.ft (2024)
Stamp duty and registration fee for property in Ambethkar Main Road
For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value amounts to Rs 5,50,000. The stamp duty at 7% would be Rs 38,500, and the registration fee at 2% would be Rs 11,000, bringing the total cost for these fees to Rs 49,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Ambethkar Main Road?
The Sub Registrar Office that covers Ambethkar Main Road is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, 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 Agaramthen
When buying or selling property in Agaramthen, the guideline value plays a crucial role in determining the stamp duty and registration fees. These fees are calculated based on the guideline value or the sale price, whichever is higher, ensuring that the government receives the appropriate revenue from property transactions.
It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the overall cost of the transaction. Proper understanding of these values can help in planning the financial aspects of buying or selling property in the area.
Frequently asked questions
What is the current guideline value of Ambethkar Main Road?
The current guideline value of Ambethkar Main Road is Rs 550 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then to Rs 500 per sq.ft in 2023, and currently to Rs 550 per sq.ft in 2024.
What is the classification of land on Ambethkar Main Road?
The land on Ambethkar Main Road is classified as Residential Class I Type - III.
What are the other guideline values in Agaramthen?
Other streets in Agaramthen have varying guideline values, with rates ranging from Rs 440 to Rs 3,700 per sq.ft. The median value in the area is Rs 830 per sq.ft.
Where can I find the Sub Registrar Office for Ambethkar Main Road?
The Sub Registrar Office for Ambethkar Main Road is located at No.26, Mes Road, East Tambaram, Chennai-600059, under the Chengalpattu registration zone.
Ask the records, or walk the map.
LandLens One answers from Tamil Nadu land law itself, cited to the page, then acts on the registers. One Map lights them up on the parcel. Your history stays in one place across both.
YOU APPROVE ANY SPEND
A customer has just used our Building Plan Approval Services
1 hour ago
