Guideline Value

Corporate

Guideline Value for NEWRY SANCTUM

₹2700/sq.ft.

The guideline value for Newry Sanctum in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. 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 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /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)

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 Newry Sanctum

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Newry Sanctum guideline value

The current guideline value of Newry Sanctum is Rs 2,700 per sq.ft, effective from 1 July 2024. This property is located in Thirumullaivoyal village and falls under the Ambattur SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Newry Sanctum has changed

The guideline value of Newry Sanctum has seen several revisions over the years. The 2017 revision set the value at Rs 1,675 per sq.ft, which increased significantly to Rs 2,500 per sq.ft in the 2023 revision. The most recent revision in 2024 raised the guideline value further to Rs 2,700 per sq.ft, marking an 8% increase from the previous year. Overall, from 2017 to 2024, the guideline value has risen by 61%.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street. The 2024 value of Rs 2,700 per sq.ft represents a substantial increase of 49% from the 2023 figure and reflects the ongoing changes in the guideline values over the years.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO, with guideline values for 2024 ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value for the village is Rs 2,400 per sq.ft, making Newry Sanctum's current value above this median.

Stamp duty and registration fee for property in Newry Sanctum

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 at 7% would be Rs 1,89,000, while the registration fee at 2% would be Rs 54,000, bringing the total fees to Rs 2,43,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can also use the stamp duty and registration fee calculator for more precise calculations based on your specific property details.

Which Sub Registrar Office covers Newry Sanctum?

The Sub Registrar Office that covers Newry Sanctum is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. For more information, you can find your SRO.

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

The guideline value is a critical factor in the registration process of property transactions in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

When buying or selling property, it is essential to be aware of the current guideline value as it directly impacts the costs associated with the transaction. Understanding these values can help ensure that all legal requirements are met during the registration process.

Frequently asked questions

What is the current guideline value of Newry Sanctum?

The current guideline value of Newry Sanctum is Rs 2,700 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 1,675 per sq.ft to Rs 2,700 per sq.ft in 2024, representing a total increase of 61% over this period.

What are the stamp duty and registration fees for Newry Sanctum?

The stamp duty is charged at 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees amount to Rs 2,43,000.

Which Sub Registrar Office covers Newry Sanctum?

The Ambattur Sub Registrar Office covers Newry Sanctum, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What is the median guideline value in Thirumullaivoyal?

The median guideline value in Thirumullaivoyal is Rs 2,400 per sq.ft, with Newry Sanctum's value of Rs 2,700 per sq.ft being above this median.