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Guideline Value

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Guideline Value for Kodi Edai Nayagi Nagar

₹990/sq.ft.

The guideline value for Kodi Edai Nayagi Nagar in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 990 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class V Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class V Type - I
History
Period Guideline Value
From 1-7-2024 ₹990 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹100 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹39 /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 Kodi Edai Nayagi Nagar

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Kodi Edai Nayagi Nagar guideline value

The current guideline value of Kodi Edai Nayagi Nagar is Rs 990 per sq.ft, effective from 1 July 2024. This area is located in Thirumullaivoyal village, under the Ambattur SRO, and is classified as Residential Class V Type - I.

How the guideline value of Kodi Edai Nayagi Nagar has changed

The guideline value for Kodi Edai Nayagi Nagar has seen several revisions over the years. Starting from the 2002 revision, the guideline value was Rs 39 per sq.ft. This figure increased significantly to Rs 100 per sq.ft in 2003, representing a 156% rise. The value continued to grow, reaching Rs 200 per sq.ft in 2007, which was a 100% increase from the previous year.

In 2012, the guideline value was Rs 900 per sq.ft, marking a substantial increase of 350% from the 2007 figure. However, this value dropped to Rs 603 per sq.ft in 2017, a decrease of 33%. The most recent revisions show that the guideline value rose to Rs 900 per sq.ft in 2023, and then to Rs 990 per sq.ft in 2024, reflecting a 10% increase.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,400 per sq.ft, indicating that the guideline value for Kodi Edai Nayagi Nagar is below this median.

Stamp duty and registration fee for property in Kodi Edai Nayagi Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 990 per sq.ft, the total guideline value would be Rs 9,90,000. The stamp duty at 7% would amount to Rs 69,300, and the registration fee at 2% would be Rs 19,800, bringing the total to Rs 89,100. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kodi Edai Nayagi Nagar?

The Kodi Edai Nayagi Nagar area is covered by 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 Thirumullaivoyal

The guideline value plays a crucial role in the registration process of property transactions in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives due revenue from stamp duty and registration fees.

When buying or selling property, the guideline value is essential for calculating the applicable stamp duty and registration fees. Buyers should be aware that the duty is levied on the higher of the guideline value or the sale price, which can significantly impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Kodi Edai Nayagi Nagar?

The current guideline value of Kodi Edai Nayagi Nagar is Rs 990 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 39 per sq.ft in 2002 to Rs 990 per sq.ft in 2024, reflecting an overall increase of 2438% over the years.

What are the other streets in Thirumullaivoyal with their guideline values?

Other streets in Thirumullaivoyal include Kodi Edai Nayagi Street(Mandikapuram) at Rs 2,400 per sq.ft, and several K.K.Nagar streets at Rs 2,200 per sq.ft each.

What is the stamp duty rate for property transactions in Kodi Edai Nayagi Nagar?

The stamp duty rate for property transactions in Kodi Edai Nayagi Nagar is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Kodi Edai Nayagi Nagar?

The Sub Registrar Office covering Kodi Edai Nayagi Nagar is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.