Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Nithiyanandam Nagar 4-th St

₹2530/sq.ft.

The guideline value for Nithiyanandam Nagar 4-th St in Irumpuliyur village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 2530 per sq.ft, effective 1 July 2024. It was Rs 2300 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Irumpuliyur

Village

Tambaram Joint 1

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹2530 /sq.ft.
From 1-4-2023 ₹2300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1541 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2300 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /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)

No.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Nithiyanandam Nagar 4-th St

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Nithiyanandam Nagar 4-th St guideline value

The current guideline value of Nithiyanandam Nagar 4-th St is Rs 2,530 per sq.ft, effective from 1 July 2024. This street is located in Irumpuliyur village under the Tambaram Joint 1 SRO, classified as Residential Special Type - I.

How the guideline value of Nithiyanandam Nagar 4-th St has changed

The guideline value for Nithiyanandam Nagar 4-th St has seen several revisions over the years. The earliest recorded value in 2007 was Rs 500 per sq.ft, which increased significantly to Rs 2,300 per sq.ft in 2012. However, this value dropped to Rs 1,541 per sq.ft in 2017. The 2023 revision set the value at Rs 2,300 per sq.ft, and the latest 2024 revision has raised it to Rs 2,530 per sq.ft.

Between the revisions, the changes have varied. From 2007 to 2012, there was an increase of 360%, followed by a decrease of 33% from 2012 to 2017. The value then increased by 49% from 2017 to 2023, and the most recent revision from 2023 to 2024 reflects a 10% increase. Overall, from 2007 to 2024, the guideline value has increased by 406%.

Guideline values in Irumpuliyur

In Irumpuliyur, there are 218 streets under the Tambaram Joint 1 SRO with a 2024 guideline value ranging from Rs 880 to Rs 6,600 per sq.ft. The median value is Rs 2,200 per sq.ft, placing Nithiyanandam Nagar 4-th St above this median.

Stamp duty and registration fee for property in Nithiyanandam Nagar 4-th St

For a 1,000 sq.ft plot at the current guideline value of Rs 2,530 per sq.ft, the total guideline value amounts to Rs 25,30,000. The stamp duty at 7% would be Rs 1,77,100, and the registration fee at 2% would be Rs 50,600, making the total cost for these charges Rs 2,27,700. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Nithiyanandam Nagar 4-th St?

The Nithiyanandam Nagar 4-th St falls under the Tambaram Joint 1 Sub Registrar Office located at No.26, Mes Road, East Tambaram, Chennai-600059, within the Chengalpattu registration zone.

You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Irumpuliyur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, it is essential to consider the guideline value as it affects the overall cost of the transaction. Buyers should be aware that the stamp duty is calculated based on the higher of the guideline value or the sale price, which can impact their financial planning.

Frequently asked questions

What is the current guideline value of Nithiyanandam Nagar 4-th St?

The current guideline value of Nithiyanandam Nagar 4-th St is Rs 2,530 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2007 to Rs 2,530 per sq.ft in 2024, reflecting an overall increase of 406% over the years.

What is the land classification for Nithiyanandam Nagar 4-th St?

Nithiyanandam Nagar 4-th St is classified as Residential Special Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Nithiyanandam Nagar 4-th St?

The Sub Registrar Office covering Nithiyanandam Nagar 4-th St is located at No.26, Mes Road, East Tambaram, Chennai-600059.

How is the stamp duty calculated for properties in Nithiyanandam Nagar 4-th St?

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 25,30,000, the stamp duty would be Rs 1,77,100.