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Guideline Value for Maruthi Nagar (S.No.149 to 157) AIR Backside

₹990/sq.ft.

The guideline value for Maruthi Nagar (s.no.149 To 157) Air Backside in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 990 per sq.ft, effective 1 July 2024. 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 N/A
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 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 Maruthi Nagar (s.no.149 To 157) Air Backside

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Maruthi Nagar (S.No.149 to 157) AIR Backside guideline value

The current guideline value for Maruthi Nagar (S.No.149 to 157) AIR Backside is Rs 990 per sq.ft, effective from 1 July 2024. This area is located in Thirumullaivoyal village and falls under the Ambattur SRO. The land classification is Residential Class V Type - I.

How the guideline value of Maruthi Nagar (S.No.149 to 157) AIR Backside has changed

In the 2012 revision, the guideline value was Rs 900 per sq.ft. This figure decreased to Rs 603 per sq.ft in the 2017 revision. However, the most recent revision in 2024 shows an increase to Rs 990 per sq.ft, representing a 64% rise from 2017. Overall, from 2012 to 2024, there has been a 10% increase in the guideline value.

It is important to note that there are no figures available for the years 2023, 2007, 2003, and 2002 for this street. The changes in guideline values reflect the adjustments made over the years based on various factors.

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, with a median of Rs 2,400 per sq.ft. The guideline value for Maruthi Nagar (S.No.149 to 157) AIR Backside is below this median.

Stamp duty and registration fee for property in Maruthi Nagar (S.No.149 to 157) AIR Backside

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 9,90,000. The stamp duty at 7% would be Rs 69,300, and the registration fee at 2% would be Rs 19,800, totaling Rs 89,100. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Maruthi Nagar (S.No.149 to 157) AIR Backside?

The Sub Registrar Office that covers Maruthi Nagar (S.No.149 to 157) AIR Backside 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 plays a crucial role in the registration process when buying or selling property in Thirumullaivoyal. It serves as the basis for calculating stamp duty and registration fees, which are mandatory for property transactions.

When a property is sold, the guideline value is used to determine the minimum value at which the property can be registered. Buyers should be aware that the stamp duty and registration fees are calculated based on this guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Maruthi Nagar?

The current guideline value of Maruthi Nagar (S.No.149 to 157) AIR Backside 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 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, and then increased to Rs 990 per sq.ft in 2024.

What are the stamp duty and registration fees for property in Maruthi Nagar?

For a 1,000 sq.ft plot, the guideline value is Rs 9,90,000. The stamp duty at 7% is Rs 69,300, and the registration fee at 2% is Rs 19,800, totaling Rs 89,100.

Which Sub Registrar Office covers this area?

The Ambattur Sub Registrar Office covers Maruthi Nagar (S.No.149 to 157) AIR Backside, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What is the land classification for Maruthi Nagar?

The land classification for Maruthi Nagar (S.No.149 to 157) AIR Backside is Residential Class V Type - I.