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Guideline Value

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Guideline Value for Nalavenba Street (Sri Sakthi Ngr)

₹2400/sq.ft.

The guideline value for Nalavenba Street (sri Sakthi Ngr) 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 ₹1474 /sq.ft.
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 Nalavenba Street (sri Sakthi Ngr)

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Nalavenba Street (Sri Sakthi Ngr) guideline value

The current guideline value of Nalavenba Street (Sri Sakthi Ngr) 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 Nalavenba Street (Sri Sakthi Ngr) has changed

The guideline value for Nalavenba Street has undergone several revisions over the years. The earliest recorded figure is from 2012, which was Rs 2,200 per sq.ft. This was followed by a decrease to Rs 1,474 per sq.ft in 2017. The most recent revision in 2024 has increased the guideline value to Rs 2,400 per sq.ft, marking a significant increase of 63% from the 2017 figure. Overall, from 2012 to 2024, the guideline value has experienced a slight increase of 9%.

There are no recorded figures for the years 2002, 2003, 2007, and 2023 for Nalavenba Street. The changes in the guideline value reflect the revisions made in the years 2012, 2017, and 2024 only.

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 for these streets is Rs 2,400 per sq.ft, which is equal to the current guideline value of Nalavenba Street (Sri Sakthi Ngr).

Stamp duty and registration fee for property in Nalavenba Street (Sri Sakthi Ngr)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value amounts to Rs 24,00,000. The stamp duty at 7% would be Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, leading to a total of Rs 2,16,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Nalavenba Street (Sri Sakthi Ngr)?

The Sub Registrar Office that covers Nalavenba Street (Sri Sakthi Ngr) is 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 details.

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

The guideline value plays a crucial role when buying or selling property in Thirumullaivoyal. It is the minimum value set by the government for property transactions, ensuring that the stamp duty and registration fees are calculated based on a standardized value.

When a property is registered, the guideline value is used to determine the applicable fees. Buyers should be aware that the stamp duty is charged on the higher of the guideline value or the sale price, which helps in maintaining transparency in property transactions.

Frequently asked questions

What is the current guideline value of Nalavenba Street (Sri Sakthi Ngr)?

The current guideline value of Nalavenba Street (Sri Sakthi Ngr) is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,200 per sq.ft in 2012 to Rs 1,474 per sq.ft in 2017, and then to Rs 2,400 per sq.ft in 2024. This reflects a 63% increase from 2017 to 2024.

What are the other streets in Thirumullaivoyal with the same guideline value?

Other streets in Thirumullaivoyal with a guideline value of Rs 2,400 per sq.ft include Naladiyar Street (Srisakthi Nagar) and Nammazhvar Street (Senthil Nagar).

Where is the Ambattur Sub Registrar Office located?

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

How is the stamp duty calculated for properties in Nalavenba Street?

The stamp duty for properties in Nalavenba Street is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 24,00,000 would incur a stamp duty of Rs 1,68,000.