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Guideline Value

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Guideline Value for Masilamanieswarar Nagar Golden 5th Cross Street

₹2400/sq.ft.

The guideline value for Masilamanieswarar Nagar Golden 5th 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 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 Golden 5th Cross Street

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Masilamanieswarar Nagar Golden 5th Cross Street guideline value

The current guideline value of Masilamanieswarar Nagar Golden 5th Cross Street is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village and falls under the Ambattur SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Masilamanieswarar Nagar Golden 5th Cross Street has changed

The guideline value for Masilamanieswarar Nagar Golden 5th Cross Street has seen a change from Rs 2,200 per sq.ft in the 2012 revision to Rs 2,400 per sq.ft in the 2024 revision, marking an increase of 9%. The register has no figures for the years 2002, 2003, 2007, 2017, and 2023, indicating that no revisions were made for this street during those years.

In the 2012 revision, the guideline value was Rs 2,200 per sq.ft. The most recent revision in 2024 reflects a significant update, bringing the value to Rs 2,400 per sq.ft, which aligns with the median value for the village.

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 is Rs 2,400 per sq.ft, which is equal to the current figure for Masilamanieswarar Nagar Golden 5th Cross Street.

Stamp duty and registration fee for property in Masilamanieswarar Nagar Golden 5th 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, making the total charges Rs 2,16,000. Duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Masilamanieswarar Nagar Golden 5th Cross Street?

The Masilamanieswarar Nagar Golden 5th Cross Street is covered by 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 crucial factor during the registration of property transactions in Thirumullaivoyal. It determines the minimum value at which properties must be registered, ensuring that the government receives appropriate stamp duty and registration fees based on this value.

When buying or selling property, it is essential to consider the guideline value as it can influence the overall costs involved in the transaction. Buyers should be aware that the stamp duty is charged on the higher of the guideline value or the sale price, which can impact their financial planning.

Frequently asked questions

What is the current guideline value for Masilamanieswarar Nagar Golden 5th Cross Street?

The current guideline value for Masilamanieswarar Nagar Golden 5th 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 increased from Rs 2,200 per sq.ft in 2012 to Rs 2,400 per sq.ft in 2024, reflecting a 9% increase. There are no figures available for the revisions in the years 2002, 2003, 2007, 2017, and 2023.

What is the land classification for this street?

The land classification for Masilamanieswarar Nagar Golden 5th Cross Street is 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 calculated at 7% of the guideline value, while the registration fee is charged at 2%. These fees are based on the higher of the guideline value or the sale price of the property.

Which office handles property registrations for this area?

The Ambattur Sub Registrar Office handles property registrations for Masilamanieswarar Nagar Golden 5th Cross Street, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.