Guideline Value for Chenkuttuvan Street(senthil nagar)

Chenkuttuvan Street(senthil nagar) guideline value

The current guideline value for Chenkuttuvan Street(senthil nagar) is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village, under the Ambattur SRO, and is classified as Residential Special Type - II.

How the guideline value of Chenkuttuvan Street(senthil nagar) has changed

In the 2007 revision, the guideline value was set at Rs 600 per sq.ft. This figure saw a significant increase in the 2012 revision, where it rose to Rs 2,500 per sq.ft, marking a change of +317%. The guideline value remained unchanged at Rs 2,500 per sq.ft in the 2023 revision. However, in the latest 2024 revision, the value increased to Rs 2,700 per sq.ft, reflecting an increase of +8% from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by +350%. It is important to note that there are no figures available for Chenkuttuvan Street(senthil nagar) in the revisions for the years 2002, 2003, and 2017.

Guideline values in Thirumullaivoyal

Thirumullaivoyal has a total of 975 streets under the Ambattur SRO, with guideline values in 2024 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, indicating that Chenkuttuvan Street(senthil nagar) is above that median with its current value of Rs 2,700 per sq.ft.

• Chellammal Nagar: Rs 1,600 per sq.ft (2024)
• Chekizhar Street(senthil nagar): Rs 2,700 per sq.ft (2024)
• Chinnamman Street (60 Feet Road): Rs 2,400 per sq.ft (2024)
• Challavel Nagar: Rs 1,600 per sq.ft (2024)
• Cholambedu Kalaizhar Street: Rs 2,200 per sq.ft (2024)
• Cholambedu Thiruvalluvar Street: Rs 2,400 per sq.ft (2024)

Stamp duty and registration fee for property in Chenkuttuvan Street(senthil nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value amounts to Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total fees together to 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.

You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Chenkuttuvan Street(senthil nagar)?

The Sub Registrar Office that covers Chenkuttuvan Street(senthil nagar) 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 details.

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

When buying or selling property in Thirumullaivoyal, the guideline value is used as a reference point for determining the stamp duty and registration fees. This value is crucial during the registration process, as it helps establish the official value of the property being transacted.

It is essential for buyers and sellers to be aware of the guideline value, as it can influence the overall cost of the transaction. The registration department uses this value to calculate applicable fees, ensuring that both parties are aware of their financial obligations.

Frequently asked questions

What is the current guideline value of Chenkuttuvan Street(senthil nagar)?

The current guideline value of Chenkuttuvan Street(senthil nagar) 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 changed from Rs 600 per sq.ft in 2007 to Rs 2,700 per sq.ft in 2024, marking an overall increase of +350%.

What is the land classification for Chenkuttuvan Street(senthil nagar)?

Chenkuttuvan Street(senthil nagar) 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.

How is the stamp duty calculated for properties in Thirumullaivoyal?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property with a guideline value of Rs 27,00,000 would incur a stamp duty of Rs 1,89,000 at 7%.