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Guideline Value

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Guideline Value for Kaveri Street (Sri Devi Nagar)

₹2400/sq.ft.

The guideline value for Kaveri Street (sri Devi Nagar) in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2400 per sq.ft, effective 1 July 2024. It was Rs 2200 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2400 /sq.ft.
From 1-4-2023 ₹2200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1474 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2200 /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 Kaveri Street (sri Devi Nagar)

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Kaveri Street (Sri Devi Nagar) guideline value

The current guideline value of Kaveri Street (Sri Devi Nagar) is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village, under the Ambattur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Kaveri Street (Sri Devi Nagar) has changed

The guideline value for Kaveri Street (Sri Devi Nagar) has seen several revisions over the years. In 2012, the guideline value was set at Rs 2,200 per sq.ft. This figure decreased significantly to Rs 1,474 per sq.ft in 2017. However, there was a substantial increase to Rs 2,200 per sq.ft in the 2023 revision. The latest revision in 2024 raised the guideline value to Rs 2,400 per sq.ft, marking a 9% increase from the previous year.

Looking back further, there are no figures available for Kaveri Street in the revisions from 2002, 2003, and 2007. The overall change from the 2012 figure to the 2024 figure reflects a 9% increase.

Guideline values in Thirumullaivoyal

Thirumullaivoyal has a total 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 for these streets is Rs 2,400 per sq.ft, which is equal to the 2024 figure for Kaveri Street (Sri Devi Nagar).

Stamp duty and registration fee for property in Kaveri Street (Sri Devi Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value amounts to Rs 24,00,000. The stamp duty at 7% would be Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, bringing the total fees to Rs 2,16,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Kaveri Street (Sri Devi Nagar)?

Kaveri Street (Sri Devi Nagar) falls under the jurisdiction of the Ambattur Sub Registrar Office. The address is 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 of property transactions in Thirumullaivoyal. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property in the area.

When a property is registered, the authorities will assess the guideline value to ensure that the correct fees are collected. This value helps maintain transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Kaveri Street (Sri Devi Nagar)?

The current guideline value of Kaveri Street (Sri Devi Nagar) is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,200 per sq.ft in 2012 to Rs 1,474 per sq.ft in 2017, then to Rs 2,200 per sq.ft in 2023, and finally to Rs 2,400 per sq.ft in 2024.

What is the land classification of Kaveri Street (Sri Devi Nagar)?

Kaveri Street (Sri Devi Nagar) is classified as Residential Class I Type - I.

Which Sub Registrar Office handles registrations for Kaveri Street (Sri Devi Nagar)?

The Ambattur Sub Registrar Office handles registrations for Kaveri Street (Sri Devi Nagar). Its address is Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What are the stamp duty and registration fees for properties in Kaveri Street (Sri Devi Nagar)?

For a property valued at Rs 24,00,000, the stamp duty would be Rs 1,68,000 and the registration fee would be Rs 48,000, totaling Rs 2,16,000. The duty is charged on the higher of the guideline value or the sale price.