Guideline Value

Corporate

Guideline Value for Cholampedu Bharathi 1st St.

₹2400/sq.ft.

The guideline value for Cholampedu Bharathi 1st St. in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2400 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2400 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹1474 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /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 Cholampedu Bharathi 1st St.

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Cholampedu Bharathi 1st St. guideline value

The current guideline value of Cholampedu Bharathi 1st St. is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village and falls under the Ambattur SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Cholampedu Bharathi 1st St. has changed

The guideline value for Cholampedu Bharathi 1st St. has undergone several revisions since 2007. In the 2007 revision, the value was set at Rs 200 per sq.ft, which dramatically increased to Rs 2,200 per sq.ft in 2012, marking a significant rise of 1000%. However, the value decreased to Rs 1,474 per sq.ft in the 2017 revision, representing a decline of 33%. The most recent revision in 2024 has brought the guideline value to Rs 2,400 per sq.ft, an increase of 63% from the 2017 figure.

It is important to note that there are no available figures for the years 2023, 2003, and 2002 for this street. Overall, from 2007 to 2024, the guideline value has increased by 1100%.

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 value for these streets is Rs 2,400 per sq.ft, which aligns with the 2024 guideline value of Cholampedu Bharathi 1st St.

Stamp duty and registration fee for property in Cholampedu Bharathi 1st St.

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value amounts to Rs 24,00,000. The stamp duty at 7% would be Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, bringing the total charges to Rs 2,16,000. 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 Cholampedu Bharathi 1st St.?

The Cholampedu Bharathi 1st St. area is covered by 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 Thirumullaivoyal

The guideline value is an important factor in property transactions in Thirumullaivoyal, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with registration requirements.

When registering a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Cholampedu Bharathi 1st St.?

The current guideline value of Cholampedu Bharathi 1st St. is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2007 to Rs 2,400 per sq.ft in 2024, an overall increase of 1100%. The value saw a peak in 2012 at Rs 2,200 per sq.ft before declining to Rs 1,474 per sq.ft in 2017.

What is the land classification for Cholampedu Bharathi 1st St.?

The land classification for Cholampedu Bharathi 1st St. is Residential Class I Type - I, indicating its suitability for residential development.

What are the stamp duty rates for property transactions?

The stamp duty for property transactions in this area is charged at 7% of the guideline value or sale price, whichever is higher. Additionally, a registration fee of 2% is applicable.

Where can I find the Sub Registrar Office for Cholampedu Bharathi 1st St.?

The Sub Registrar Office covering Cholampedu Bharathi 1st St. is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.