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Guideline Value

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Guideline Value for Pallavan 5th St. (Cholan Nagar)

₹1600/sq.ft.

The guideline value for Pallavan 5th St. (cholan Nagar) in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 1600 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1600 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹1500 /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 Pallavan 5th St. (cholan Nagar)

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Pallavan 5th St. (Cholan Nagar) guideline value

The current guideline value of Pallavan 5th St. (Cholan Nagar) is Rs 1,600 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Class III Type - I.

How the guideline value of Pallavan 5th St. (Cholan Nagar) has changed

In the 2012 revision, the guideline value was set at Rs 1,500 per sq.ft. This figure remained unchanged through the 2023 revision. However, in the 2024 revision, the guideline value increased to Rs 1,600 per sq.ft, marking a 7% increase from the previous year. Overall, from 2012 to 2024, the guideline value has increased by 7%.

The register has no figures for the years 2002, 2003, 2007, and 2017 for this street. Therefore, the only revisions available for Pallavan 5th St. (Cholan Nagar) are from 2012, 2023, and 2024.

Guideline values in Thirumullaivoyal

Thirumullaivoyal has a total of 975 streets under the Ambattur SRO, with guideline values for 2024 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, making the current figure for Pallavan 5th St. (Cholan Nagar) below that median.

Stamp duty and registration fee for property in Pallavan 5th St. (Cholan Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,600 per sq.ft, the total guideline value would be Rs 16,00,000. The stamp duty at 7% would amount to Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, bringing the total to Rs 1,44,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Pallavan 5th St. (Cholan Nagar)?

The Sub Registrar Office that covers Pallavan 5th St. (Cholan Nagar) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

For more information, you can find your SRO.

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, as it is the basis for calculating stamp duty and registration fees. When a property is bought or sold, the guideline value is used to determine the applicable charges, ensuring that both parties adhere to the regulatory framework.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the overall cost of the transaction. Understanding these values can help in making informed decisions during property dealings.

Frequently asked questions

What is the current guideline value of Pallavan 5th St. (Cholan Nagar)?

The current guideline value of Pallavan 5th St. (Cholan Nagar) is Rs 1,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 1,500 per sq.ft in 2012 to Rs 1,600 per sq.ft in 2024, marking a 7% increase. There was no change in the guideline value between 2012 and 2023.

What are the guideline values of other streets in Thirumullaivoyal?

Other streets in Thirumullaivoyal have varying guideline values, with most streets in Cholam Nagar, including Pallavan 4th St., Pallavan 6th St., Pallavan 3rd St., Pallavan 2nd St., and Pallavan 1st St., all valued at Rs 1,600 per sq.ft in 2024.

What is the stamp duty and registration fee for properties on Pallavan 5th St.?

For a property valued at Rs 16,00,000, the stamp duty would be Rs 1,12,000 and the registration fee would be Rs 32,000, totaling Rs 1,44,000. This is based on the current guideline value of Rs 1,600 per sq.ft.

Where can I find the Sub Registrar Office for Pallavan 5th St.?

The Sub Registrar Office for Pallavan 5th St. (Cholan Nagar) is located at Ambattur Sub Registrar Office, Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.