Guideline Value

Corporate

Guideline Value for Pachaiyamman Nagar

₹1900/sq.ft.

The guideline value for Pachaiyamman Nagar in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 1900 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1900 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹1800 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹270 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹224 /sq.ft.
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 Pachaiyamman Nagar

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Pachaiyamman Nagar guideline value

The current guideline value of Pachaiyamman Nagar is Rs 1,900 per sq.ft, effective from 1 July 2024. This area is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Class II Type - I.

How the guideline value of Pachaiyamman Nagar has changed

The guideline value for Pachaiyamman Nagar has undergone several revisions over the years. Starting from Rs 224 per sq.ft in 2002, it increased to Rs 270 per sq.ft in 2003, marking a rise of 21%. The value then saw a significant jump to Rs 400 per sq.ft in 2007, which was a 48% increase. By 2012, the value remained steady at Rs 1,800 per sq.ft, and there are no figures available for the year 2017. The most recent revision in 2023 set the value at Rs 1,800 per sq.ft, followed by the current value of Rs 1,900 per sq.ft in 2024, reflecting a 6% increase.

Overall, from 2002 to 2024, the guideline value has increased by 748%. The substantial increase from Rs 400 per sq.ft in 2007 to Rs 1,800 per sq.ft in 2012 was 350%, indicating a significant change during that period.

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 value for these streets is Rs 2,400 per sq.ft, placing Pachaiyamman Nagar's current value below this median.

Stamp duty and registration fee for property in Pachaiyamman Nagar

For a 1,000 sq.ft plot at the current rate of Rs 1,900 per sq.ft, the guideline value amounts to Rs 19,00,000. The stamp duty at 7% would be Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, totaling Rs 1,71,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Pachaiyamman Nagar?

The Sub Registrar Office covering Pachaiyamman Nagar 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 critical factor during property registration in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that these charges are calculated based on the established rates rather than fluctuating market values.

When buying or selling property, the guideline value helps both buyers and sellers understand the minimum value at which the property should be registered. This ensures transparency in the transaction process and compliance with local regulations.

Frequently asked questions

What is the current guideline value of Pachaiyamman Nagar?

The current guideline value of Pachaiyamman Nagar is Rs 1,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 224 per sq.ft in 2002 to Rs 1,900 per sq.ft in 2024, reflecting an overall increase of 748% over this period.

What is the registration fee for property in Pachaiyamman Nagar?

The registration fee for a property in Pachaiyamman Nagar is 2% of the guideline value. For example, a property valued at Rs 19,00,000 would incur a registration fee of Rs 38,000.

Which Sub Registrar Office should I visit for property registration?

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

What are the other streets with guideline values in Thirumullaivoyal?

Other streets in Thirumullaivoyal include Pachaiamman Street Devi nagar at Rs 2,400 per sq.ft, Padmavathi Nagar and Padmavathi Nagar Vistharipu at Rs 1,600 per sq.ft, Padmavathi Srinivasan Nagar at Rs 1,900 per sq.ft, Old School Street at Rs 2,400 per sq.ft, and Old MTH Road at Rs 3,800 per sq.ft.