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Guideline Value

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Guideline Value for Pillaiyar Koil 4th Cross Street(Ward 7)

₹1001/sq.ft.

The guideline value for Pillaiyar Koil 4th Cross Street(ward 7) in Menambedu village (Ambattur SRO, Chennai zone) is Rs 1001 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 0% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Menambedu

Village

Ambattur

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹1001 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /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 Pillaiyar Koil 4th Cross Street(ward 7)

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Pillaiyar Koil 4th Cross Street(Ward 7) guideline value

The current guideline value of Pillaiyar Koil 4th Cross Street(Ward 7) is Rs 1,001 per sq.ft, effective from 1 July 2024. This street is located in Menambedu village and falls under the Ambattur SRO. The land classification for this area is Residential Class IV Type - I.

How the guideline value of Pillaiyar Koil 4th Cross Street(Ward 7) has changed

The guideline value for Pillaiyar Koil 4th Cross Street(Ward 7) has undergone several revisions over the years. The earliest recorded revision is from 2012, where the guideline value was Rs 800 per sq.ft. This increased to Rs 536 per sq.ft in 2017, reflecting a decrease of 33%. Following this, the value rose significantly to Rs 1,000 per sq.ft in 2023, marking an increase of 87%. The current guideline value is Rs 1,001 per sq.ft as of the 2024 revision, showing no change from the previous year.

The register does not have figures for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 25%.

Guideline values in Menambedu

In Menambedu, there are 171 streets under the Ambattur SRO that have a 2024 guideline value ranging from Rs 1,000 to Rs 6,680 per sq.ft. The median guideline value for these streets is Rs 1,003 per sq.ft, placing Pillaiyar Koil 4th Cross Street(Ward 7) below this median.

Stamp duty and registration fee for property in Pillaiyar Koil 4th Cross Street(Ward 7)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value would be Rs 10,01,000. The stamp duty at 7% would amount to Rs 70,070, and the registration fee at 2% would be Rs 20,020, resulting in a total of Rs 90,090. 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 Pillaiyar Koil 4th Cross Street(Ward 7)?

The Sub Registrar Office that covers Pillaiyar Koil 4th Cross Street(Ward 7) is the Ambattur Sub Registrar Office. The address is 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 Menambedu

The guideline value is a crucial factor during property registration in Menambedu. It serves as a benchmark for determining the stamp duty and registration fees payable when a property is bought or sold.

When a transaction occurs, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the registration process is aligned with the current market standards as defined by the government.

Frequently asked questions

What is the current guideline value of Pillaiyar Koil 4th Cross Street(Ward 7)?

The current guideline value of Pillaiyar Koil 4th Cross Street(Ward 7) is Rs 1,001 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 1,001 per sq.ft in 2024, reflecting an overall increase of 25% over the years.

What is the land classification for Pillaiyar Koil 4th Cross Street(Ward 7)?

The land classification for Pillaiyar Koil 4th Cross Street(Ward 7) is Residential Class IV Type - I.

Where can I find the Ambattur Sub Registrar Office?

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

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 10,01,000, the stamp duty would be calculated at 7% of that amount.