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Guideline Value

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Guideline Value for Nammazhvar Street (Senthil Nagar)

₹2400/sq.ft.

The guideline value for Nammazhvar Street (senthil Nagar) 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 Nammazhvar Street (senthil Nagar)

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Nammazhvar Street (Senthil Nagar) guideline value

The current guideline value of Nammazhvar Street (Senthil Nagar) is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village, under the Ambattur SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Nammazhvar Street (Senthil Nagar) has changed

The guideline value for Nammazhvar Street (Senthil Nagar) has undergone several revisions over the years. In 2012, the value was set at Rs 2,200 per sq.ft, which then decreased to Rs 1,474 per sq.ft in the 2017 revision. However, the latest revision in 2024 shows a significant increase to Rs 2,400 per sq.ft, marking a 63% rise from the 2017 figure. Overall, from 2012 to 2024, there has been a 9% increase in the guideline value.

It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2023 for this street. The changes between the revisions reflect fluctuations in the guideline value, with the most notable increase occurring between 2017 and 2024.

Guideline values in Thirumullaivoyal

Thirumullaivoyal village has a total of 975 streets under the Ambattur SRO, with the 2024 guideline values ranging from Rs 880 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,400 per sq.ft, which aligns with the guideline value for Nammazhvar Street (Senthil Nagar).

Stamp duty and registration fee for property in Nammazhvar Street (Senthil Nagar)

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, bringing the total to Rs 2,16,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Nammazhvar Street (Senthil Nagar)?

The Sub Registrar Office covering Nammazhvar Street (Senthil Nagar) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600053, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration of property transactions in Thirumullaivoyal. When buying or selling property, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that all transactions are compliant with the local regulations.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the costs associated with property registration. Accurate knowledge of these values helps in making informed decisions during property transactions.

Frequently asked questions

What is the current guideline value of Nammazhvar Street (Senthil Nagar)?

The current guideline value of Nammazhvar Street (Senthil Nagar) is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

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

What is the land classification for Nammazhvar Street (Senthil Nagar)?

Nammazhvar Street (Senthil Nagar) is classified as Residential Class I Type - I, indicating its suitability for residential development.

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

Other streets in Thirumullaivoyal that share the same guideline value of Rs 2,400 per sq.ft include Nalavenba Street (Sri Sakthi Ngr), Naladiyar Street (Srisakthi Nagar), and Nannool Street (Sri Sakthi Nagar).

How is the stamp duty calculated for properties in Nammazhvar Street (Senthil Nagar)?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 24,00,000, the stamp duty would amount to Rs 1,68,000.