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Guideline Value

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Guideline Value for Nelson Mandaloo St.(srinagar colony)

₹2700/sq.ft.

The guideline value for Nelson Mandaloo St.(srinagar Colony) 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 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /sq.ft.
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 Nelson Mandaloo St.(srinagar Colony)

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Nelson Mandaloo St.(srinagar colony) guideline value

The current guideline value of Nelson Mandaloo St. (Srinagar Colony) is Rs 2,700 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 Special Type - II.

How the guideline value of Nelson Mandaloo St.(srinagar colony) has changed

The guideline value for Nelson Mandaloo St. has undergone several revisions over the years. Starting from the 2007 revision, the value was Rs 400 per sq.ft. It increased significantly to Rs 2,500 per sq.ft in 2012, marking a change of +525%. However, it then decreased to Rs 1,675 per sq.ft in 2017, reflecting a -33% change. The value saw a substantial rise again to Rs 2,500 per sq.ft in the 2023 revision, with an increase of +49% from the previous figure. The most recent revision in 2024 set the guideline value at Rs 2,700 per sq.ft, which is an 8% increase from 2023.

Additionally, there are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, there has been a total increase of +575% in the guideline value.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO with a 2024 guideline value 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, placing the 2024 figure for Nelson Mandaloo St. above this median.

Stamp duty and registration fee for property in Nelson Mandaloo St.(srinagar colony)

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, and the registration fee at 2% would be Rs 54,000, bringing the total fees together to Rs 2,43,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can also use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Nelson Mandaloo St.(srinagar colony)?

The Sub Registrar Office that covers Nelson Mandaloo St. 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 information.

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

The guideline value is a crucial factor in the registration process for 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 both parties are aware of the financial obligations involved in the transaction.

It is essential to understand that the guideline value serves as a benchmark for property pricing in the area. Buyers and sellers must consider this value when negotiating sale prices, as it can significantly impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Nelson Mandaloo St.(srinagar colony)?

The current guideline value of Nelson Mandaloo St. (Srinagar Colony) is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2007 to Rs 2,700 per sq.ft in 2024, showing a total increase of +575% over the years.

What is the land classification for Nelson Mandaloo St.(srinagar colony)?

Nelson Mandaloo St. is classified as Residential Special Type - II.

What is the median guideline value in Thirumullaivoyal?

The median guideline value in Thirumullaivoyal is Rs 2,400 per sq.ft, with the current value of Nelson Mandaloo St. being above this median.

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.