Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Indira (Gandhi) Nagar 4th street

₹1900/sq.ft.

The guideline value for Indira (gandhi) Nagar 4th Street in Ambattur village (Ambattur SRO, Chennai zone) is Rs 1900 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Iv Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ambattur

Village

Ambattur

SRO

Residential Class IV Type - II
History
Period Guideline Value
From 1-7-2024 ₹1900 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1800 /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 Indira (gandhi) Nagar 4th Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Indira (Gandhi) Nagar 4th street guideline value

The current guideline value of Indira (Gandhi) Nagar 4th street is Rs 1,900 per sq.ft, effective from 1 July 2024. This street is located in Ambattur village, under the Ambattur SRO, and is classified as Residential Class IV Type - II.

How the guideline value of Indira (Gandhi) Nagar 4th street has changed

Looking at the historical revisions, the guideline value for Indira (Gandhi) Nagar 4th street was Rs 1,206 per sq.ft in 2017, which increased to Rs 1,800 per sq.ft in 2012. The 2023 revision set the value at Rs 1,800 per sq.ft, and in the latest 2024 revision, it rose to Rs 1,900 per sq.ft. Notably, the register has no figures for the years 2002, 2003, and 2007 for this street.

The changes between the revisions show an increase of 6% from 2023 to 2024, and a significant increase of 49% from 2017 to 2023. However, there was a decrease of 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by 6%.

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, with a median value of Rs 3,600 per sq.ft. The guideline value of Indira (Gandhi) Nagar 4th street is below this median.

Stamp duty and registration fee for property in Indira (Gandhi) Nagar 4th street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,900 per sq.ft, the total guideline value would be Rs 19,00,000. The stamp duty at 7% would amount to Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, making the total cost for these fees Rs 1,71,000. It is important to 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 precise calculations.

Which Sub Registrar Office covers Indira (Gandhi) Nagar 4th street?

The Sub Registrar Office that covers Indira (Gandhi) Nagar 4th street is the Ambattur Sub Registrar Office, located at 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 Ambattur

The guideline value is a crucial factor in the registration process of property transactions in Ambattur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency and compliance with local regulations.

When buying or selling property, the guideline value is used to calculate applicable fees such as stamp duty and registration charges. This ensures that both parties in the transaction are aware of the financial obligations that arise from the sale or purchase of the property.

Frequently asked questions

What is the current guideline value of Indira (Gandhi) Nagar 4th street?

The current guideline value of Indira (Gandhi) Nagar 4th street is Rs 1,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the most recent increase being from Rs 1,800 per sq.ft in 2023 to Rs 1,900 per sq.ft in 2024, a change of 6%. The value increased significantly from Rs 1,206 per sq.ft in 2017 to Rs 1,800 per sq.ft in 2023.

What is the land classification of Indira (Gandhi) Nagar 4th street?

Indira (Gandhi) Nagar 4th street is classified as Residential Class IV Type - II according to the local regulations.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Indira (Gandhi) Nagar 4th street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur - 600 053, Chennai registration zone.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 19,00,000, the stamp duty would be Rs 1,33,000 at a rate of 7%.