Guideline Value

Corporate

Guideline Value for Pallavan 6th St. (Cholan Nagar)

₹1600/sq.ft.

The guideline value for Pallavan 6th St. (cholan Nagar) in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 1600 per sq.ft, effective 1 July 2024. 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 N/A
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 6th St. (cholan Nagar)

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Pallavan 6th St. (Cholan Nagar) guideline value

The current guideline value of Pallavan 6th 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, and it falls under the Residential Class III Type - I land classification.

How the guideline value of Pallavan 6th St. (Cholan Nagar) has changed

According to the guideline value register, there is no figure for Pallavan 6th St. for the years 2002, 2003, 2007, 2017, and 2023. The 2012 revision had a guideline value of Rs 1,500 per sq.ft. The increase from the 2012 revision to the 2024 revision is 7%, bringing the current value to Rs 1,600 per sq.ft.

The 2024 revision reflects a significant update in the guideline value for this street. The previous revision in 2012 set the value at Rs 1,500 per sq.ft, and the new rate marks a clear upward adjustment to Rs 1,600 per sq.ft.

Guideline values in Thirumullaivoyal

Thirumullaivoyal has a total of 975 streets under the Ambattur SRO, with guideline values ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value in this area is Rs 2,400 per sq.ft, indicating that Pallavan 6th St.'s 2024 figure is below this median.

Stamp duty and registration fee for property in Pallavan 6th 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 amounts to Rs 16,00,000. The stamp duty at 7% would be Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, making the total cost for these fees Rs 1,44,000. Please note that 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 Pallavan 6th St. (Cholan Nagar)?

The Sub Registrar Office that covers Pallavan 6th 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

When buying or selling property in Thirumullaivoyal, the guideline value serves as a benchmark for determining the stamp duty and registration fees payable at the time of registration. The guideline value is set by the Registration Department and is periodically revised to reflect changes in the real estate market.

It is essential to be aware of the guideline value as it influences the overall cost of transactions in the area. Buyers and sellers should ensure that they are informed about the latest revisions to avoid discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Pallavan 6th St.?

The current guideline value of Pallavan 6th 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 has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,600 per sq.ft in 2024, marking a 7% increase. There are no figures available for the years 2003, 2007, 2017, and 2023.

What are the guideline values of other streets in Thirumullaivoyal?

Other streets in Thirumullaivoyal under the Ambattur SRO have guideline values ranging from Rs 1,600 to Rs 2,700 per sq.ft. This includes Pallavan 1st to 5th Streets, all valued at Rs 1,600 per sq.ft in 2024.

What fees are associated with buying property in Pallavan 6th St.?

When purchasing property in Pallavan 6th St., buyers should expect to pay stamp duty at 7% and a registration fee at 2% of the guideline value or sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total fees would be Rs 1,44,000.

Where can I find the Sub Registrar Office for Pallavan 6th St.?

The Ambattur Sub Registrar Office covers Pallavan 6th St. and is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find more details online.