Guideline Value for D.10.Road (Poompughar Nagar)

D.10.Road (Poompughar Nagar) guideline value

The current guideline value of D.10.Road (Poompughar Nagar) is Rs 3,600 per sq.ft, effective from 1 July 2024. This road is located in Ambattur village, under the Ambattur SRO, and is classified as Residential Class I Type - I.

How the guideline value of D.10.Road (Poompughar Nagar) has changed

The guideline value for D.10.Road (Poompughar Nagar) has undergone several revisions over the years. The 2012 revision set the value at Rs 3,300 per sq.ft, which then decreased to Rs 2,211 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 3,300 per sq.ft in the 2023 revision, and finally rose to Rs 3,600 per sq.ft in the 2024 revision. There are no figures available for the years 2002, 2003, and 2007 for this street.

From the 2012 to 2017 revision, there was a decrease of 33%. However, the value increased by 49% from 2017 to 2023. The overall change from 2012 to 2024 shows a modest increase of 9%.

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 among these streets is Rs 3,600 per sq.ft, which is equal to the guideline value of D.10.Road (Poompughar Nagar).

• Damodaran street: Rs 3,600 per sq.ft (2024)
• Compounder Ramasamy Street: Rs 4,000 per sq.ft (2024)
• Cholapuram 7th Street: Rs 2,500 per sq.ft (2024)
• Cholapuram 6th Street: Rs 2,500 per sq.ft (2024)
• Cholapuram 5th Street: Rs 2,500 per sq.ft (2024)
• Cholapuram 4th Street: Rs 2,500 per sq.ft (2024)

Stamp duty and registration fee for property in D.10.Road (Poompughar Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 3,600 per sq.ft, the total guideline value amounts to Rs 36,00,000. The stamp duty at 7% would be Rs 2,52,000, and the registration fee at 2% would be Rs 72,000, making the total cost for these charges Rs 3,24,000. Please note that the duty is charged on the higher of the guideline value or the sale price. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers D.10.Road (Poompughar Nagar)?

The Sub Registrar Office that covers D.10.Road (Poompughar 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 information.

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

The guideline value is a critical factor in property transactions in Ambattur, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for the transfer of ownership.

Understanding the guideline value is essential for both buyers and sellers, as it ensures compliance with legal requirements during the registration process. It also helps in determining the financial obligations associated with the property transaction.

Frequently asked questions

What is the current guideline value of D.10.Road (Poompughar Nagar)?

The current guideline value of D.10.Road (Poompughar Nagar) is Rs 3,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,300 per sq.ft in 2023 to Rs 3,600 per sq.ft in 2024, marking a 9% increase. It was Rs 2,211 per sq.ft in 2017, which was a 49% increase from the previous value.

What is the land classification for D.10.Road (Poompughar Nagar)?

D.10.Road (Poompughar Nagar) is classified as Residential Class I Type - I.

Where can I find information about stamp duty and registration fees?

You can find detailed information about stamp duty and registration fees on our stamp duty and registration fee calculator.

Which office handles registrations for D.10.Road (Poompughar Nagar)?

The Ambattur Sub Registrar Office handles registrations for D.10.Road (Poompughar Nagar), located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.