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Guideline Value

Corporate

Guideline Value for Lalithambal Nagar (Gandhi Street)

₹1800/sq.ft.

The guideline value for Lalithambal Nagar (gandhi Street) in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 1800 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1800 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹1700 /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 Lalithambal Nagar (gandhi Street)

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Lalithambal Nagar (Gandhi Street) guideline value

The current guideline value of Lalithambal Nagar (Gandhi Street) is Rs 1,800 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 II Type - II.

How the guideline value of Lalithambal Nagar (Gandhi Street) has changed

The guideline value for Lalithambal Nagar (Gandhi Street) has undergone revisions over the years. In the 2012 revision, the guideline value was Rs 1,700 per sq.ft. The latest revision in 2024 increased this value to Rs 1,800 per sq.ft, reflecting a change of +6% from the previous figure.

It is important to note that there are no figures available for the years 2023, 2017, 2007, 2003, and 2002 in the register for this street. Therefore, the only recorded values are from the 2012 and 2024 revisions.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 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 in this area is Rs 2,400 per sq.ft, which means that Lalithambal Nagar (Gandhi Street) is below this median.

Stamp duty and registration fee for property in Lalithambal Nagar (Gandhi Street)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,800 per sq.ft, the total guideline value amounts to Rs 18,00,000. The stamp duty at 7% would be Rs 1,26,000, and the registration fee at 2% would be Rs 36,000, bringing the total to Rs 1,62,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Lalithambal Nagar (Gandhi Street)?

The Sub Registrar Office that covers Lalithambal Nagar (Gandhi Street) 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 information.

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 need to be paid when buying or selling property in this area.

When a property is registered, the higher of the guideline value or the sale price is considered for calculating the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Lalithambal Nagar (Gandhi Street)?

The current guideline value of Lalithambal Nagar (Gandhi Street) is Rs 1,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,700 per sq.ft in 2012 to Rs 1,800 per sq.ft in 2024, which is a change of +6%. There are no figures available for the years 2023, 2017, 2007, 2003, and 2002 for this street.

What is the median guideline value in Thirumullaivoyal?

The median guideline value in Thirumullaivoyal is Rs 2,400 per sq.ft. Lalithambal Nagar (Gandhi Street) is below this median value.

What are the stamp duty and registration fees for properties in Lalithambal Nagar (Gandhi Street)?

For a property valued at Rs 18,00,000, the stamp duty would be Rs 1,26,000 and the registration fee would be Rs 36,000, totaling Rs 1,62,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles property registrations for Lalithambal Nagar (Gandhi Street)?

The Ambattur Sub Registrar Office handles property registrations for Lalithambal Nagar (Gandhi Street). The office is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.