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Guideline Value

Corporate

Guideline Value for Chandrasekarapuram 3rd Street

₹4000/sq.ft.

The guideline value for Chandrasekarapuram 3rd Street in Ambattur village (Ambattur SRO, Chennai zone) is Rs 4000 per sq.ft, effective 1 July 2024. It was Rs 3700 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

Ambattur

Village

Ambattur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹4000 /sq.ft.
From 1-4-2023 ₹3700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2479 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3700 /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)

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 Chandrasekarapuram 3rd Street

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Chandrasekarapuram 3rd Street guideline value

The current guideline value of Chandrasekarapuram 3rd Street is Rs 4,000 per sq.ft, effective from 1 July 2024. This street is located in Ambattur village, under the Ambattur SRO, and is classified as Residential Special Type - II.

How the guideline value of Chandrasekarapuram 3rd Street has changed

The guideline value for Chandrasekarapuram 3rd Street has undergone several revisions over the years. The 2012 revision set the value at Rs 3,700 per sq.ft, which was followed by a decrease to Rs 2,479 per sq.ft in the 2017 revision. However, the value increased significantly to Rs 3,700 per sq.ft in the 2023 revision, and further rose to the current Rs 4,000 per sq.ft in the 2024 revision. Notably, there are no figures available for the revisions in 2002, 2003, and 2007.

From 2012 to 2017, the guideline value decreased by 33%. In contrast, from 2017 to 2023, it saw a substantial increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 8%.

Guideline values in Ambattur

In Ambattur, there are 448 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 1,400 to Rs 8,209 per sq.ft. The median value for these streets is Rs 3,600 per sq.ft, placing the 2024 figure for Chandrasekarapuram 3rd Street above this median.

Stamp duty and registration fee for property in Chandrasekarapuram 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,000 per sq.ft, the total guideline value amounts to Rs 40,00,000. The stamp duty at 7% would be Rs 2,80,000, and the registration fee at 2% would be Rs 80,000, making the total fees together Rs 3,60,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Chandrasekarapuram 3rd Street?

The Sub Registrar Office that covers Chandrasekarapuram 3rd Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more information.

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

When buying or selling property in Ambattur, the guideline value plays a crucial role in determining the registration fees and stamp duty. The guideline value is used to ascertain the minimum value at which the property can be registered, ensuring that the government receives appropriate revenue from property transactions.

It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process. The guideline value reflects the prevailing market conditions and helps in establishing a fair basis for property transactions.

Frequently asked questions

What is the current guideline value of Chandrasekarapuram 3rd Street?

The current guideline value of Chandrasekarapuram 3rd Street is Rs 4,000 per sq.ft, effective from 1 July 2024.

What was the guideline value in 2023?

The guideline value for Chandrasekarapuram 3rd Street in 2023 was Rs 3,700 per sq.ft.

How much did the guideline value increase from 2017 to 2023?

From 2017 to 2023, the guideline value increased by 49%, rising from Rs 2,479 per sq.ft to Rs 3,700 per sq.ft.

What is the land classification for Chandrasekarapuram 3rd Street?

Chandrasekarapuram 3rd Street is classified as Residential Special Type - II.

Where can I find the Ambattur Sub Registrar Office?

The Ambattur Sub Registrar Office is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.