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Guideline Value

Corporate

Guideline Value for Indira (Gandhi) Nagar 6th Street

₹1900/sq.ft.

The guideline value for Indira (gandhi) Nagar 6th 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 6th Street

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Indira (Gandhi) Nagar 6th Street guideline value

The current guideline value of Indira (Gandhi) Nagar 6th 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 6th Street has changed

The guideline value for Indira (Gandhi) Nagar 6th Street has undergone several revisions over the years. The 2012 revision set the value at Rs 1,800 per sq.ft, which decreased to Rs 1,206 per sq.ft in the 2017 revision. This was a significant drop of 33%. However, from 2017 to 2023, the value increased by 49% to Rs 1,800 per sq.ft, and in the latest 2024 revision, it rose again by 6% to the current rate of Rs 1,900 per sq.ft.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. 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. The median guideline value in this area is Rs 3,600 per sq.ft, indicating that the 2024 figure for Indira (Gandhi) Nagar 6th Street is below the median.

Stamp duty and registration fee for property in Indira (Gandhi) Nagar 6th 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, bringing the total to Rs 1,71,000. It is important to note that stamp duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Indira (Gandhi) Nagar 6th Street?

The Indira (Gandhi) Nagar 6th Street falls under 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 further assistance.

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

The guideline value is a critical factor in the registration process when buying or selling property in Ambattur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Indira (Gandhi) Nagar 6th Street?

The current guideline value of Indira (Gandhi) Nagar 6th 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 changed several times, starting from Rs 1,800 per sq.ft in 2012, dropping to Rs 1,206 per sq.ft in 2017, rising to Rs 1,800 per sq.ft in 2023, and finally reaching Rs 1,900 per sq.ft in 2024.

What is the land classification for Indira (Gandhi) Nagar 6th Street?

Indira (Gandhi) Nagar 6th Street is classified as Residential Class IV Type - II.

Where can I find the registration office for Indira (Gandhi) Nagar 6th Street?

The registration office for Indira (Gandhi) Nagar 6th 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 the stamp duty calculated for properties in Ambattur?

Stamp duty is calculated based on the higher of the guideline value and the sale price of the property. For example, if the guideline value is Rs 19,00,000, the stamp duty at 7% would be Rs 1,33,000.