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Guideline Value

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Guideline Value for Lenin Nagar Kamatchi St.

₹2400/sq.ft.

The guideline value for Lenin Nagar Kamatchi St. 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 N/A
From 1-4-2012 To 8-6-2017 ₹2200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /sq.ft.
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 Lenin Nagar Kamatchi St.

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Lenin Nagar Kamatchi St. guideline value

The current guideline value of Lenin Nagar Kamatchi St. 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 Lenin Nagar Kamatchi St. has changed

Over the years, the guideline value for Lenin Nagar Kamatchi St. has seen significant changes. The earliest recorded revision was in 2007, where the value was Rs 400 per sq.ft. This figure remained until the 2012 revision, which did not change the value, keeping it at Rs 2,200 per sq.ft. The next significant increase occurred in 2023, when the guideline value rose to Rs 2,200 per sq.ft, followed by a further increase to Rs 2,400 per sq.ft in 2024, marking a 9% increase from the previous year.

From 2007 to 2012, there was a remarkable increase of 450%, bringing the value to Rs 2,200 per sq.ft. Overall, from 2007 to 2024, the guideline value has increased by 500%. Notably, there are no recorded figures for the years 2002, 2003, and 2017 for this street.

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, which is the same as the guideline value for Lenin Nagar Kamatchi St.

Stamp duty and registration fee for property in Lenin Nagar Kamatchi St.

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, making the total cost 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. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Lenin Nagar Kamatchi St.?

The Sub Registrar Office covering Lenin Nagar Kamatchi St. 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 is a crucial factor when registering property transactions in Thirumullaivoyal. It serves as the benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on the officially recognized value of the property.

When buying or selling property, the guideline value helps to determine the minimum price at which a property can be registered. This ensures transparency and compliance with the regulations set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of Lenin Nagar Kamatchi St.?

The current guideline value of Lenin Nagar Kamatchi St. 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 significantly from Rs 400 per sq.ft in 2007 to Rs 2,400 per sq.ft in 2024, marking a total increase of 500% over the years.

What is the median guideline value for streets in Thirumullaivoyal?

The median guideline value for the 975 streets in Thirumullaivoyal is Rs 2,400 per sq.ft, which is the same as the value for Lenin Nagar Kamatchi St.

What are the stamp duty and registration fees for property in Lenin Nagar Kamatchi St.?

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 registrations for Lenin Nagar Kamatchi St.?

The Ambattur Sub Registrar Office handles registrations for Lenin Nagar Kamatchi St., located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur- 600 053, Chennai.