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Guideline Value

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Guideline Value for Kamalammal Avenue

₹1900/sq.ft.

The guideline value for Kamalammal Avenue in Thirumullaivoyal 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 Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class II Type - I
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 ₹200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹175 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹136 /sq.ft.
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 Kamalammal Avenue

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Kamalammal Avenue guideline value

The current guideline value of Kamalammal Avenue is Rs 1,900 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Class II Type - I.

How the guideline value of Kamalammal Avenue has changed

The guideline value for Kamalammal Avenue has undergone several revisions over the years. In 2002, the value was Rs 136 per sq.ft, which increased to Rs 175 per sq.ft in 2003, marking a 29% rise. Following this, the value saw a 14% increase to Rs 200 per sq.ft in 2007. The 2012 revision set the value at Rs 1,800 per sq.ft, reflecting an 800% increase. However, in 2017, the value decreased to Rs 1,206 per sq.ft, a drop of 33%. The 2023 revision brought the value back up to Rs 1,800 per sq.ft, which then increased by 6% to the current value of Rs 1,900 per sq.ft in 2024.

Overall, from 2002 to 2024, the guideline value has increased by 1,297%. There are no figures available for any revisions in the years not listed in the register.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO with a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft. The median value is Rs 2,400 per sq.ft, making the guideline value of Kamalammal Avenue below this median.

Stamp duty and registration fee for property in Kamalammal Avenue

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 fees together to 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 use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Kamalammal Avenue?

The Sub Registrar Office that covers Kamalammal Avenue 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 plays a crucial role during the registration process when buying or selling property in Thirumullaivoyal. It serves as a reference point for determining the stamp duty and registration fees that need to be paid at the time of registration.

When a property is sold, the guideline value is compared to the sale price, and the higher value is used to calculate the applicable duties. This ensures that the state government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Kamalammal Avenue?

The current guideline value of Kamalammal Avenue 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 from Rs 136 per sq.ft in 2002 to Rs 1,900 per sq.ft in 2024, representing an overall increase of 1,297% over the years.

What is the median guideline value in Thirumullaivoyal?

The median guideline value in Thirumullaivoyal is Rs 2,400 per sq.ft, with Kamalammal Avenue's current value being below this median.

What fees are associated with buying property in Kamalammal Avenue?

When buying property in Kamalammal Avenue, the stamp duty is charged at 7% of the guideline value, and the registration fee is 2% of the guideline value.

Where is the Sub Registrar Office for Kamalammal Avenue?

The Sub Registrar Office for Kamalammal Avenue is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.