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Guideline Value

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Guideline Value for Lalithambal Nagar (Thiruvalluar Street)

₹2400/sq.ft.

The guideline value for Lalithambal Nagar (thiruvalluar Street) 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 Lalithambal Nagar (thiruvalluar Street)

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Lalithambal Nagar (Thiruvalluar Street) guideline value

The current guideline value for Lalithambal Nagar (Thiruvalluar Street) 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 Lalithambal Nagar (Thiruvalluar Street) has changed

The guideline value for Lalithambal Nagar (Thiruvalluar Street) has seen several revisions over the years. The 2012 revision recorded a guideline value of Rs 2,200 per sq.ft, which decreased to Rs 1,474 per sq.ft in 2017. This was a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 2,200 per sq.ft, marking a 49% rise. The latest revision in 2024 has set the value at Rs 2,400 per sq.ft, reflecting a 9% increase from the previous year.

It is important to note that there are no registered figures for Lalithambal Nagar (Thiruvalluar Street) for the years 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has increased by 9%.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 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 matches the current value for Lalithambal Nagar (Thiruvalluar Street). Below are the guideline values for other streets in Thirumullaivoyal:

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

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 and the sale price. You can use our stamp duty and registration fee calculator for more details.

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

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

How the guideline value is used when you buy or sell in Thirumullaivoyal

The guideline value is a crucial factor in the registration process when buying or selling property in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is sold, the guideline value helps establish a fair basis for the transaction, ensuring that the government receives the appropriate taxes based on the property's assessed value. This process aids in maintaining transparency and accountability in real estate transactions.

Frequently asked questions

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

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

How has the guideline value changed over the years?

Since the 2012 revision, the guideline value has changed from Rs 2,200 per sq.ft to Rs 1,474 per sq.ft in 2017, then increased 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 Lalithambal Nagar (Thiruvalluar Street)?

Lalithambal Nagar (Thiruvalluar Street) is classified as Residential Class I Type - I.

Where can I find the Sub Registrar Office for Lalithambal Nagar (Thiruvalluar Street)?

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

How is the stamp duty calculated for properties in Lalithambal Nagar (Thiruvalluar Street)?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applicable, based on the guideline value.