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Guideline Value

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Guideline Value for Muthu Ramalingam (Devar) Street (Senthil Nagar)

₹2700/sq.ft.

The guideline value for Muthu Ramalingam (devar) Street (senthil Nagar) in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /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 Muthu Ramalingam (devar) Street (senthil Nagar)

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Muthu Ramalingam (Devar) Street (Senthil Nagar) guideline value

The current guideline value of Muthu Ramalingam (Devar) Street (Senthil Nagar) is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village, under the Ambattur SRO, and is classified as Residential Special Type - II.

How the guideline value of Muthu Ramalingam (Devar) Street (Senthil Nagar) has changed

The guideline value for Muthu Ramalingam (Devar) Street (Senthil Nagar) has seen several revisions over the years. The 2012 revision set the value at Rs 2,500 per sq.ft, which was then reduced to Rs 1,675 per sq.ft in the 2017 revision, marking a decrease of 33%. However, in the latest revision for 2024, the guideline value increased to Rs 2,700 per sq.ft, reflecting a significant rise of 61% from the 2017 figure.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 8%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2023 for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal village, there are 975 streets under the Ambattur SRO that carry a guideline value for 2024, 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, placing Muthu Ramalingam (Devar) Street (Senthil Nagar) above that median.

Stamp duty and registration fee for property in Muthu Ramalingam (Devar) Street (Senthil Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value amounts to Rs 27,00,000. The stamp duty, charged at 7%, would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000. Together, the total cost for these fees would be Rs 2,43,000. It is important to note that the 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 precise calculations.

Which Sub Registrar Office covers Muthu Ramalingam (Devar) Street (Senthil Nagar)?

The Sub Registrar Office that covers Muthu Ramalingam (Devar) Street (Senthil Nagar) is the Ambattur Sub Registrar Office. The address is Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Thirumullaivoyal. It serves as the benchmark for determining the stamp duty and registration fees applicable during the registration process. Buyers and sellers must be aware of this value to ensure compliance with legal requirements.

When a property is registered, the guideline value is used to calculate the total fees owed. This ensures that both parties are aware of the financial obligations associated with the transaction, based on the established guideline value.

Frequently asked questions

What is the current guideline value of Muthu Ramalingam (Devar) Street (Senthil Nagar)?

The current guideline value of Muthu Ramalingam (Devar) Street (Senthil Nagar) is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, and then to Rs 2,700 per sq.ft in 2024. This reflects an increase of 61% from 2017 to 2024.

What is the land classification for Muthu Ramalingam (Devar) Street (Senthil Nagar)?

The land classification for Muthu Ramalingam (Devar) Street (Senthil Nagar) is Residential Special Type - II.

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

For a property valued at Rs 27,00,000, the stamp duty would be Rs 1,89,000 and the registration fee would be Rs 54,000, totaling Rs 2,43,000.

Which office handles registrations for Muthu Ramalingam (Devar) Street (Senthil Nagar)?

The Ambattur Sub Registrar Office handles registrations for Muthu Ramalingam (Devar) Street (Senthil Nagar), located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.