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Guideline Value

Corporate

Guideline Value for Bharathiyar Street(sri Nagar colony)

₹2700/sq.ft.

The guideline value for Bharathiyar Street(sri Nagar Colony) in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
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 ₹400 /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)

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 Bharathiyar Street(sri Nagar Colony)

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Bharathiyar Street(sri Nagar colony) guideline value

The current guideline value of Bharathiyar Street(sri Nagar colony) is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, and it is classified as Residential Special Type - II.

How the guideline value of Bharathiyar Street(sri Nagar colony) has changed

The guideline value for Bharathiyar Street(sri Nagar colony) has seen several revisions over the years. The earliest recorded figure is from 2007, where the value was Rs 400 per sq.ft. This increased significantly to Rs 2,500 per sq.ft in 2012, and remained unchanged through 2023. The most recent revision in 2024 raised the value to Rs 2,700 per sq.ft, marking an 8% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 575%. Notably, there are no figures available for the revisions in 2002, 2003, and 2017 for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value for these streets is Rs 2,400 per sq.ft, placing Bharathiyar Street(sri Nagar colony) above this median.

Stamp duty and registration fee for property in Bharathiyar Street(sri Nagar colony)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value would be Rs 27,00,000. The stamp duty, charged at 7%, amounts to Rs 1,89,000, while the registration fee at 2% is Rs 54,000. Together, these fees total Rs 2,43,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bharathiyar Street(sri Nagar colony)?

The Sub Registrar Office that covers Bharathiyar Street(sri Nagar colony) is the Ambattur Sub Registrar Office. The address is Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

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

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

The guideline value is a crucial factor during the registration of property transactions in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of a property.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both parties are aware of the financial obligations involved in the transaction. This system helps maintain transparency in property dealings.

Frequently asked questions

What is the current guideline value of Bharathiyar Street(sri Nagar colony)?

The current guideline value of Bharathiyar Street(sri Nagar colony) is Rs 2,700 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 400 per sq.ft in 2007 to Rs 2,700 per sq.ft in 2024, marking an overall increase of 575%.

What is the classification of land on Bharathiyar Street(sri Nagar colony)?

Bharathiyar Street(sri Nagar colony) is classified as Residential Special Type - II.

What is the stamp duty rate for property transactions in this area?

The stamp duty for property transactions in this area is charged at a rate of 7% on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Bharathiyar Street(sri Nagar colony)?

The Sub Registrar Office for Bharathiyar Street(sri Nagar colony) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.