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Guideline Value

Corporate

Guideline Value for Masilamanieswarar Nagar 3rd Street

₹2400/sq.ft.

The guideline value for Masilamanieswarar Nagar 3rd 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 N/A
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 Masilamanieswarar Nagar 3rd Street

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Masilamanieswarar Nagar 3rd Street guideline value

The current guideline value for Masilamanieswarar Nagar 3rd Street is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, and the land classification is Residential Class I Type - I.

How the guideline value of Masilamanieswarar Nagar 3rd Street has changed

In the 2012 revision, the guideline value was Rs 2,200 per sq.ft. This remained unchanged in the 2023 revision, which also listed the value at Rs 2,200 per sq.ft. However, in the 2024 revision, the guideline value increased to Rs 2,400 per sq.ft, marking a 9% increase from the previous year. Overall, from 2012 to 2024, there has been a 9% increase in the guideline value.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2017 for Masilamanieswarar Nagar 3rd Street. The only revisions that provided figures are from 2012, 2023, and 2024.

Guideline values in Thirumullaivoyal

Thirumullaivoyal has 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 for these streets is Rs 2,400 per sq.ft, which is equal to the 2024 figure for Masilamanieswarar Nagar 3rd Street.

Stamp duty and registration fee for property in Masilamanieswarar Nagar 3rd Street

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 or the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Masilamanieswarar Nagar 3rd Street?

The Sub Registrar Office that covers Masilamanieswarar Nagar 3rd 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 details.

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 determines the minimum value at which a property can be registered, ensuring that the transaction is documented accurately for legal purposes.

When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate taxes and that the property is officially recorded in the land registry.

Frequently asked questions

What is the current guideline value for Masilamanieswarar Nagar 3rd Street?

The current guideline value for Masilamanieswarar Nagar 3rd Street is Rs 2,400 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

From 2012 to 2023, the guideline value remained at Rs 2,200 per sq.ft. However, in 2024, it increased to Rs 2,400 per sq.ft, marking a 9% increase from the previous year.

What are the guideline values for other streets in Thirumullaivoyal?

Other streets in Thirumullaivoyal have a guideline value of Rs 2,400 per sq.ft for the year 2024, which is consistent with the guideline value for Masilamanieswarar Nagar 3rd Street.

What is the stamp duty rate for property in Masilamanieswarar Nagar 3rd Street?

The stamp duty rate for property in Masilamanieswarar Nagar 3rd Street is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Masilamanieswarar Nagar 3rd Street?

The Sub Registrar Office for Masilamanieswarar Nagar 3rd Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.