Guideline Value for Kurunthogai Street (Sri Sakthi Nagar)
₹2400/sq.ft.
The guideline value for Kurunthogai Street (sri Sakthi 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 Kurunthogai Street (sri Sakthi Nagar)
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Ambattur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Kurunthogai Street (Sri Sakthi Nagar) guideline value
The current guideline value of Kurunthogai Street (Sri Sakthi Nagar) is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Class I Type - I.
How the guideline value of Kurunthogai Street (Sri Sakthi Nagar) has changed
Over the years, the guideline value for Kurunthogai Street (Sri Sakthi Nagar) has experienced several revisions. The 2012 revision set the value at Rs 2,200 per sq.ft, which was then reduced to Rs 1,474 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 2,200 per sq.ft, and the most recent 2024 revision has raised it further to Rs 2,400 per sq.ft, marking a 9% increase from the previous year.
From the 2017 revision to the 2023 revision, there was a significant increase of 49%. However, the value saw a decrease of 33% from the 2012 revision to the 2017 revision. Overall, comparing the 2012 and 2024 revisions, there has been a 9% increase in the guideline value.
Guideline values in Thirumullaivoyal
Thirumullaivoyal has a total of 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 guideline value for these streets is Rs 2,400 per sq.ft, which is equal to the current guideline value of Kurunthogai Street (Sri Sakthi Nagar).
- Kurinji Street(Vivekananda nagar): Rs 2,700 per sq.ft (2024)
- Kurinji Street(Sri Sakthi Nagar): Rs 2,400 per sq.ft (2024)
- Lake View Garden: Rs 2,400 per sq.ft (2024)
- Kumaran Street (Devi Nagar): Rs 2,400 per sq.ft (2024)
- Kumaran Nagar: Rs 990 per sq.ft (2024)
- Kulakarai Street: Rs 2,700 per sq.ft (2024)
Stamp duty and registration fee for property in Kurunthogai Street (Sri Sakthi Nagar)
For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value would be Rs 24,00,000. The stamp duty at 7% would amount to Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, bringing the total to Rs 2,16,000. Please note that the duty is charged on the higher of the guideline value or the sale price.
You can use our stamp duty and registration fee calculator for more information.
Which Sub Registrar Office covers Kurunthogai Street (Sri Sakthi Nagar)?
The Sub Registrar Office that covers Kurunthogai Street (Sri Sakthi Nagar) is 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 property registration in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.
When buying or selling property, the guideline value will be considered alongside the sale price. The higher of the two will be used to calculate the applicable stamp duty and registration fees, ensuring compliance with local regulations.
Frequently asked questions
What is the current guideline value of Kurunthogai Street (Sri Sakthi Nagar)?
The current guideline value of Kurunthogai Street (Sri Sakthi 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 2023 to Rs 2,400 per sq.ft in 2024, reflecting a 9% increase. It was Rs 1,474 per sq.ft in 2017, showing a 49% increase from that year to 2023.
What is the median guideline value for streets in Thirumullaivoyal?
The median guideline value for streets in Thirumullaivoyal is Rs 2,400 per sq.ft, which is the same as the current guideline value for Kurunthogai Street (Sri Sakthi Nagar).
What are the stamp duty and registration fees for property in Kurunthogai Street?
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.
Which office handles property registration for Kurunthogai Street?
The Ambattur Sub Registrar Office handles property registration for Kurunthogai Street (Sri Sakthi Nagar). The office is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.
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