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Guideline Value

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Guideline Value for Masilamanieswarar Nagar Golden 2nd Cross Street

₹2400/sq.ft.

The guideline value for Masilamanieswarar Nagar Golden 2nd 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 2nd Cross Street

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Masilamanieswarar Nagar Golden 2nd Cross Street guideline value

The current guideline value for Masilamanieswarar Nagar Golden 2nd Cross 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 is classified as Residential Class I Type - I.

How the guideline value of Masilamanieswarar Nagar Golden 2nd Cross Street has changed

In the 2012 revision, the guideline value was Rs 2,200 per sq.ft. This figure decreased to Rs 1,474 per sq.ft in the 2017 revision, marking a 33% decline. However, from 2017 to 2024, the value increased significantly to Rs 2,400 per sq.ft, representing a 63% rise. Overall, from 2012 to 2024, the guideline value has increased by 9%.

The register does not provide figures for the years 2002, 2003, 2007, and 2023 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 guideline value for these streets is Rs 2,400 per sq.ft, which is equal to the guideline value of Masilamanieswarar Nagar Golden 2nd Cross Street.

Stamp duty and registration fee for property in Masilamanieswarar Nagar Golden 2nd 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 amounts to 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 cost for these fees Rs 2,16,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Masilamanieswarar Nagar Golden 2nd Cross Street?

The Sub Registrar Office that covers Masilamanieswarar Nagar Golden 2nd 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. To find your SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Thirumullaivoyal

The guideline value is a crucial reference point during the registration of property transactions in Thirumullaivoyal. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented accurately for taxation purposes.

When buying or selling property, the guideline value helps both buyers and sellers understand the official valuation of the property. It is essential to be aware of this value to avoid disputes and ensure compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Masilamanieswarar Nagar Golden 2nd Cross Street?

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

How has the guideline value changed over the years?

Since 2012, the guideline value has changed from Rs 2,200 per sq.ft to Rs 2,400 per sq.ft in 2024. The value saw a significant decrease to Rs 1,474 per sq.ft in 2017 before increasing again to the current rate.

What is the land classification for this street?

Masilamanieswarar Nagar Golden 2nd Cross Street is classified as Residential Class I Type - I, indicating its suitability for residential purposes.

What are the stamp duty and registration fees for property transactions?

The stamp duty is charged at 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 24,00,000, the total fees would be Rs 2,16,000.

Which office handles registrations for this street?

The Ambattur Sub Registrar Office handles registrations for Masilamanieswarar Nagar Golden 2nd Cross Street, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.