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Guideline Value

Corporate

Guideline Value for Mullai Nager Govindaraj Street

₹1200/sq.ft.

The guideline value for Mullai Nager Govindaraj Street in Kovilpathagai village (Ambattur SRO, Chennai zone) is Rs 1200 per sq.ft, effective 1 July 2024. It was Rs 1100 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kovilpathagai

Village

Ambattur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1200 /sq.ft.
From 1-4-2023 ₹1100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1100 /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 Mullai Nager Govindaraj Street

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Mullai Nager Govindaraj Street guideline value

The current guideline value of Mullai Nager Govindaraj Street is Rs 1,200 per sq.ft, effective from 1 July 2024. This street is located in Kovilpathagai village, under the Ambattur SRO, and is classified as Residential Special Type - I.

How the guideline value of Mullai Nager Govindaraj Street has changed

The guideline value for Mullai Nager Govindaraj Street has undergone several revisions over the years. The 2012 revision set the value at Rs 1,100 per sq.ft, which then decreased to Rs 737 per sq.ft in 2017. Following this, the value increased significantly to Rs 1,100 per sq.ft in 2023, and most recently, it has risen to Rs 1,200 per sq.ft in 2024, marking a 9% increase from the previous year.

From 2017 to 2023, there was a notable increase of 49%. Overall, the guideline value has increased by 9% from the 2012 revision to the 2024 revision. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kovilpathagai

In Kovilpathagai, there are 278 streets under the Ambattur SRO that carry a 2024 guideline value, ranging from Rs 803 to Rs 2,900 per sq.ft, with a median value of Rs 870 per sq.ft. The guideline value of Mullai Nager Govindaraj Street is above this median.

Stamp duty and registration fee for property in Mullai Nager Govindaraj Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value amounts to Rs 12,00,000. The stamp duty at 7% would be Rs 84,000, and the registration fee at 2% would be Rs 24,000, totaling Rs 1,08,000. It is important to note that 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 details.

Which Sub Registrar Office covers Mullai Nager Govindaraj Street?

The Sub Registrar Office that covers Mullai Nager Govindaraj Street is located at the Ambattur Sub Registrar Office, 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 Kovilpathagai

The guideline value plays a crucial role during the registration process of property transactions in Kovilpathagai. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property in the area.

When a buyer or seller registers a property, the guideline value is referenced to ensure that the appropriate taxes are applied. This helps maintain transparency in property transactions and ensures compliance with local regulations.

Frequently asked questions

What is the current guideline value of Mullai Nager Govindaraj Street?

The current guideline value of Mullai Nager Govindaraj Street is Rs 1,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,100 per sq.ft in 2012 to Rs 737 per sq.ft in 2017, then to Rs 1,100 per sq.ft in 2023, and finally to Rs 1,200 per sq.ft in 2024.

What is the land classification for Mullai Nager Govindaraj Street?

The land classification for Mullai Nager Govindaraj Street is Residential Special Type - I.

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

For a property valued at Rs 12,00,000, the stamp duty would be Rs 84,000 and the registration fee would be Rs 24,000, totaling Rs 1,08,000.

Which office handles the registration for Mullai Nager Govindaraj Street?

The Ambattur Sub Registrar Office handles the registration for Mullai Nager Govindaraj Street, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai.