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Guideline Value

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Guideline Value for Masilamanieswarar Nagar Golden 1st Cross Street

₹2400/sq.ft.

The guideline value for Masilamanieswarar Nagar Golden 1st Cross Street in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2400 per sq.ft, effective 1 July 2024. 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 N/A
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 Masilamanieswarar Nagar Golden 1st Cross Street

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Masilamanieswarar Nagar Golden 1st Cross Street guideline value

The current guideline value for Masilamanieswarar Nagar Golden 1st Cross Street is Rs 2,400 per sq.ft. 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 Golden 1st Cross Street has changed

The guideline value for this street has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 2,400 per sq.ft, an increase of 63% from the 2017 revision of Rs 1,474 per sq.ft. Prior to that, in 2012, the value was Rs 2,200 per sq.ft, which represented a decrease of 33% from the 2017 figure.

Overall, comparing the figures from 2012 to 2024, there has been a slight increase of 9%. It is important to note that the register has no figures for the years 2023, 2007, 2003, and 2002 for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that have a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft. The median value is Rs 2,400 per sq.ft, which is equal to the current guideline value of Masilamanieswarar Nagar Golden 1st Cross Street.

Stamp duty and registration fee for property in Masilamanieswarar Nagar Golden 1st Cross 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, bringing the total to 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 also use the stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Masilamanieswarar Nagar Golden 1st Cross Street?

The Sub Registrar Office that covers Masilamanieswarar Nagar Golden 1st Cross 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 critical reference point when registering property transactions in Thirumullaivoyal. It helps determine the applicable stamp duty and registration fees, ensuring that both buyers and sellers comply with the legal requirements during the sale process.

When a property is sold, the guideline value serves as a benchmark to assess the transaction's legitimacy. If the sale price exceeds the guideline value, the higher amount will be used to calculate the applicable duties and fees.

Frequently asked questions

What is the current guideline value of Masilamanieswarar Nagar Golden 1st Cross Street?

The current guideline value of Masilamanieswarar Nagar Golden 1st Cross Street 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 from Rs 2,200 per sq.ft in 2012 to Rs 1,474 per sq.ft in 2017, and then increased to Rs 2,400 per sq.ft in 2024.

What is the land classification for this street?

Masilamanieswarar Nagar Golden 1st Cross Street is classified as Residential Class I Type - I.

Where can I find the Sub Registrar Office for this area?

The Ambattur Sub Registrar Office covers this area and is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is stamp duty calculated for properties in Thirumullaivoyal?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 24,00,000, the stamp duty would be Rs 1,68,000 at a rate of 7%.