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Guideline Value

Corporate

Guideline Value for Masilamanieswarar Nagar 6th Street

₹2400/sq.ft.

The guideline value for Masilamanieswarar Nagar 6th 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 6th Street

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Masilamanieswarar Nagar 6th Street guideline value

The current guideline value of Masilamanieswarar Nagar 6th 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 Masilamanieswarar Nagar 6th Street has changed

The guideline value for Masilamanieswarar Nagar 6th Street has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 2,400 per sq.ft, which is a 9% increase from the 2023 revision of Rs 2,200 per sq.ft. The 2012 revision also recorded a value of Rs 2,200 per sq.ft, indicating no change from 2012 to 2023.

There are no figures available for the revisions in 2002, 2003, 2007, and 2017 for this street. Overall, from the 2012 revision to the 2024 revision, there has been a 9% increase in the guideline value.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO with a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value is Rs 2,400 per sq.ft, which aligns with the 2024 figure for Masilamanieswarar Nagar 6th Street.

Stamp duty and registration fee for property in Masilamanieswarar Nagar 6th 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 be Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, making the total charges 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 on fees applicable to your property.

Which Sub Registrar Office covers Masilamanieswarar Nagar 6th Street?

The Sub Registrar Office that covers Masilamanieswarar Nagar 6th Street is the Ambattur Sub Registrar Office. The office is 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 property transactions in Thirumullaivoyal. It is used to determine the stamp duty and registration fees payable when a property is bought or sold. Buyers and sellers must refer to the guideline value to ensure compliance with the legal requirements during registration.

When a property is registered, the guideline value is compared to the sale price. The higher of the two values is used to calculate the applicable stamp duty and registration fees, ensuring that the government receives the appropriate revenue from the transaction.

Frequently asked questions

What is the current guideline value of Masilamanieswarar Nagar 6th Street?

The current guideline value of Masilamanieswarar Nagar 6th Street is Rs 2,400 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

From the 2023 revision to the 2024 revision, the guideline value increased by 9%, from Rs 2,200 per sq.ft to Rs 2,400 per sq.ft.

What is the land classification for Masilamanieswarar Nagar 6th Street?

Masilamanieswarar Nagar 6th Street is classified as Residential Class I Type - I.

What are the stamp duty and registration fees for properties in this area?

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 the registration for Masilamanieswarar Nagar 6th Street?

The Ambattur Sub Registrar Office handles the registration for Masilamanieswarar Nagar 6th Street, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai.