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Guideline Value

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Guideline Value for Nannool Street (Sri Sakthi Nagar)

₹2400/sq.ft.

The guideline value for Nannool Street (sri Sakthi Nagar) in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2400 per sq.ft, effective 1 July 2024. It was Rs 2200 per sq.ft from 1 April 2023, a 9% change. 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 ₹2200 /sq.ft.
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 Nannool Street (sri Sakthi Nagar)

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Nannool Street (Sri Sakthi Nagar) guideline value

The current guideline value of Nannool Street (Sri Sakthi Nagar) is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO and is classified as Residential Class I Type - I.

How the guideline value of Nannool Street (Sri Sakthi Nagar) has changed

The guideline value for Nannool Street (Sri Sakthi Nagar) has undergone several revisions over the years. The 2012 revision set the value at Rs 2,200 per sq.ft, which was a decrease of 33% from the 2017 figure of Rs 1,474 per sq.ft. The 2023 revision increased the value to Rs 2,200 per sq.ft, followed by a further increase to Rs 2,400 per sq.ft in the 2024 revision, marking a 9% rise from the previous year.

Overall, from 2012 to 2024, the guideline value has increased by 9%. The revisions for the years 2002, 2003, and 2007 do not have any figures recorded for this street.

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 Nannool Street (Sri Sakthi Nagar).

Stamp duty and registration fee for property in Nannool Street (Sri Sakthi 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, while the registration fee at 2% amounts to Rs 48,000, bringing the total fees to Rs 2,16,000. Please note that the duty is charged on the higher of the guideline value and the sale price. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Nannool Street (Sri Sakthi Nagar)?

Nannool Street (Sri Sakthi Nagar) falls under 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 information.

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

The guideline value plays a crucial role in property transactions in Thirumullaivoyal. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold. The guideline value ensures that the transaction is recorded at a fair price, reflecting the value of the property in the current market.

When registering a property, the buyer must pay stamp duty based on the guideline value or the sale price, whichever is higher. This process helps maintain transparency and accountability in real estate transactions within the region.

Frequently asked questions

What is the current guideline value of Nannool Street (Sri Sakthi Nagar)?

The current guideline value of Nannool Street (Sri Sakthi Nagar) 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 2023 to Rs 2,400 per sq.ft in 2024, marking a 9% increase. It was Rs 1,474 per sq.ft in 2017 and Rs 2,200 per sq.ft in 2012, showing a significant rise over the years.

What is the land classification of Nannool Street (Sri Sakthi Nagar)?

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

Where can I find the Sub Registrar Office for Nannool Street (Sri Sakthi Nagar)?

The Ambattur Sub Registrar Office covers Nannool Street (Sri Sakthi Nagar) and 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 Nannool Street (Sri Sakthi Nagar)?

Stamp duty for properties in Nannool Street (Sri Sakthi Nagar) is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total guideline value would be Rs 24,00,000, leading to a stamp duty of Rs 1,68,000 at 7%.