Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Ambika Nagar Grave Yard Road

₹2750/sq.ft.

The guideline value for Ambika Nagar Grave Yard Road in Madambakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 2750 per sq.ft, effective 1 July 2024. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Madambakkam

Village

Selaiyur

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹2500 /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.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]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Ambika Nagar Grave Yard Road

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Ambika Nagar Grave Yard Road guideline value

The current guideline value of Ambika Nagar Grave Yard Road is Rs 2,750 per sq.ft, effective from 1 July 2024. This road is located in Madambakkam village and falls under the Selaiyur SRO. The land classification for this area is Commercial Class I Type - I.

How the guideline value of Ambika Nagar Grave Yard Road has changed

Over the years, the guideline value for Ambika Nagar Grave Yard Road has seen several revisions. The most recent revision in 2024 set the value at Rs 2,750 per sq.ft, an increase from Rs 2,500 per sq.ft in the 2012 revision, marking a 10% rise. The register has no figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

In summary, the only revisions recorded for Ambika Nagar Grave Yard Road are from 2012 and 2024. The increase from 2012 to 2024 reflects the current guideline value, which is now above the median value of Rs 2,400 per sq.ft for the 1,151 streets in Madambakkam under the Selaiyur SRO.

Guideline values in Madambakkam

In Madambakkam, the guideline values range from Rs 1,100 to Rs 6,000 per sq.ft as per the 2024 revision, with a median value of Rs 2,400 per sq.ft. Ambika Nagar Grave Yard Road's current value of Rs 2,750 per sq.ft is above this median. Below are other streets in Madambakkam with their respective guideline values:

Stamp duty and registration fee for property in Ambika Nagar Grave Yard Road

For a 1,000 sq.ft plot at the current rate of Rs 2,750 per sq.ft, the guideline value amounts to Rs 27,50,000. The stamp duty at 7% would be Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, bringing the total to Rs 2,47,500. 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 Ambika Nagar Grave Yard Road?

The Sub Registrar Office that covers Ambika Nagar Grave Yard Road is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, within the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Madambakkam. It is used to determine the stamp duty and registration fees that buyers must pay when registering a property. This value ensures that the government receives appropriate revenue from property transactions.

When buying or selling a property, the guideline value is referenced to establish the minimum value for the transaction. Buyers should be aware that the stamp duty is calculated based on the guideline value or the sale price, whichever is higher, ensuring that the transaction is recorded accurately.

Frequently asked questions

What is the current guideline value of Ambika Nagar Grave Yard Road?

The current guideline value of Ambika Nagar Grave Yard Road is Rs 2,750 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value increased from Rs 2,500 per sq.ft in 2012 to Rs 2,750 per sq.ft in 2024, representing a 10% rise. The register has no figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

What is the land classification for Ambika Nagar Grave Yard Road?

Ambika Nagar Grave Yard Road is classified as Commercial Class I Type - I. This classification influences its guideline value and potential uses.

How is stamp duty calculated for properties in Madambakkam?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, a property valued at Rs 27,50,000 would incur a stamp duty of Rs 1,92,500 at a rate of 7%.

Where can I find the Sub Registrar Office for Ambika Nagar Grave Yard Road?

The Sub Registrar Office for Ambika Nagar Grave Yard Road is located at No.36, Bharathmatha Salai, Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073. This office handles registration for properties in this area.