Guideline Value

Corporate

Guideline Value for NETHAJI STREET / NAGAR

₹330/sq.ft.

The guideline value for Nethaji Street / Nagar in Athipattu village (Thiruvottiyur SRO, Chennai zone) is Rs 330 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Athipattu

Village

Thiruvottiyur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹330 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019
044-25992232
[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 Nethaji Street / Nagar

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Nethaji Street / Nagar guideline value

The current guideline value of Nethaji Street / Nagar is Rs 330 per sq.ft, effective from 1 July 2024. This street is located in Athipattu village under the Thiruvottiyur SRO, and it falls under the Residential Class I Type - I land classification.

How the guideline value of Nethaji Street / Nagar has changed

In the 2017 revision, the guideline value was Rs 201 per sq.ft. This increased to Rs 300 per sq.ft in the 2023 revision, marking a significant rise of 49%. The most recent revision in 2024 saw a further increase to Rs 330 per sq.ft, which is a change of 10% from the previous year. It is important to note that the register has no figures for Nethaji Street / Nagar for the years 2002, 2003, 2007, and 2012.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. The current rate of Rs 330 per sq.ft is equal to the median value of Rs 330 per sq.ft for the 108 streets in Athipattu that carry a 2024 figure.

Guideline values in Athipattu

Athipattu village has a range of guideline values for its streets, with figures from Rs 220 to Rs 462 per sq.ft. The median value is Rs 330 per sq.ft, which is the same as the current guideline value for Nethaji Street / Nagar. Below are other streets in Athipattu with their respective 2024 guideline values:

Stamp duty and registration fee for property in Nethaji Street / Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value would be Rs 3,30,000. The stamp duty at 7% would amount to Rs 23,100, and the registration fee at 2% would be Rs 6,600, bringing the total costs together to Rs 29,700. It is important to note that the 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 Nethaji Street / Nagar?

The Sub Registrar Office that covers Nethaji Street / Nagar is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can find your SRO for more information.

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

The guideline value is an important factor in property transactions in Athipattu. It serves as a benchmark for determining the minimum value at which properties can be registered. When buying or selling property, the guideline value helps ensure that the transaction is recorded at a fair price, reflecting the official valuation set by the government.

During the registration process, the stamp duty and registration fees are calculated based on the guideline value. This ensures that both buyers and sellers are aware of the costs involved in the transaction, making the process more transparent and standardized.

Frequently asked questions

What is the current guideline value of Nethaji Street / Nagar?

The current guideline value of Nethaji Street / Nagar is Rs 330 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

From the 2017 revision to the 2024 revision, the guideline value has increased by 64%, from Rs 201 per sq.ft to Rs 330 per sq.ft.

What is the registration office for Nethaji Street / Nagar?

The registration office for Nethaji Street / Nagar is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.

How is stamp duty calculated on properties in Nethaji Street / Nagar?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, on a property valued at Rs 3,30,000, the stamp duty would be Rs 23,100.

What are the guideline values for other streets in Athipattu?

Other streets in Athipattu have a guideline value range from Rs 220 to Rs 462 per sq.ft, with the median value being Rs 330 per sq.ft, which is the same as the guideline value for Nethaji Street / Nagar.