Guideline Value for Kabilar Street (Senthil Nagar)

Kabilar Street (Senthil Nagar) guideline value

The current guideline value of Kabilar 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 Kabilar Street (Senthil Nagar) has changed

The guideline value for Kabilar Street (Senthil Nagar) has seen several revisions over the years. The 2012 revision set the value at Rs 2,500 per sq.ft, which then decreased to Rs 1,675 per sq.ft in 2017. Following this, the value increased significantly to Rs 2,500 per sq.ft in 2023, and further rose to Rs 2,700 per sq.ft in the 2024 revision, marking an 8% increase from the previous year. Notably, the register has no figures for the years 2002, 2003, and 2007.

From the 2012 revision to the 2017 revision, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 49%. Overall, from 2012 to 2024, there has been an increase of 8% in the guideline value for Kabilar Street (Senthil Nagar).

Guideline values in Thirumullaivoyal

Thirumullaivoyal consists of 975 streets under the Ambattur SRO, with guideline values ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value in this village is Rs 2,400 per sq.ft, placing Kabilar Street (Senthil Nagar) above the median at Rs 2,700 per sq.ft.

• Jothi Nagar (Vaigai Street): Rs 2,700 per sq.ft (2024)
• Jothi Nagar Thamarai Street: Rs 2,700 per sq.ft (2024)
• Jothi Nagar Suriyaganthi Street: Rs 2,700 per sq.ft (2024)
• Jothi Nagar Sudandira Main Road: Rs 2,700 per sq.ft (2024)
• Jothi Nagar Sindhu Street: Rs 2,700 per sq.ft (2024)
• Jothi Nagar Samanthi Street: Rs 2,700 per sq.ft (2024)

Stamp duty and registration fee for property in Kabilar 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 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.

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

Which Sub Registrar Office covers Kabilar Street (Senthil Nagar)?

The Sub Registrar Office that covers Kabilar 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

The guideline value is a crucial aspect when registering property transactions in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official register.

When buying or selling property, the guideline value influences the stamp duty and registration fees payable. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Kabilar Street (Senthil Nagar)?

The current guideline value of Kabilar Street (Senthil Nagar) is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, then increased to Rs 2,500 per sq.ft in 2023, and finally to Rs 2,700 per sq.ft in 2024.

What is the land classification for Kabilar Street (Senthil Nagar)?

Kabilar Street (Senthil Nagar) is classified as Residential Special Type - II.

What are the stamp duty and registration fees for property in Kabilar Street (Senthil Nagar)?

For a 1,000 sq.ft plot, the total guideline value is Rs 27,00,000, with a stamp duty of Rs 1,89,000 and a registration fee of Rs 54,000, totaling Rs 2,43,000.

Which Sub Registrar Office covers Kabilar Street (Senthil Nagar)?

The Ambattur Sub Registrar Office covers Kabilar Street (Senthil Nagar), located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.