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Guideline Value

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Guideline Value for Pillaiyar Koil 6th Cross Street(Ward 7)

₹1001/sq.ft.

The guideline value for Pillaiyar Koil 6th 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 6th Cross Street(ward 7)

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Pillaiyar Koil 6th Cross Street(Ward 7) guideline value

The current guideline value of Pillaiyar Koil 6th Cross Street(Ward 7) is Rs 1,001 per sq.ft, effective from 1 July 2024. This street is located in Menambedu village, under the Ambattur SRO, and is classified as Residential Class IV Type - I.

How the guideline value of Pillaiyar Koil 6th Cross Street(Ward 7) has changed

The guideline value for Pillaiyar Koil 6th Cross Street(Ward 7) has undergone several revisions. In 2012, the value was Rs 800 per sq.ft, which decreased to Rs 536 per sq.ft in 2017. Following this, the value increased significantly to Rs 1,000 per sq.ft in 2023, and it saw a slight increase to Rs 1,001 per sq.ft in 2024. The register has no figures for the years 2002, 2003, and 2007.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, it increased by 87%. The overall change from 2012 to 2024 shows a rise of 25% in the guideline value.

Guideline values in Menambedu

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

Stamp duty and registration fee for property in Pillaiyar Koil 6th Cross Street(Ward 7)

For a 1,000 sq.ft plot at the current rate of Rs 1,001 per sq.ft, the 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, making the total Rs 90,090. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Pillaiyar Koil 6th Cross Street(Ward 7)?

The Sub Registrar Office covering Pillaiyar Koil 6th Cross Street(Ward 7) 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 further assistance.

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

The guideline value is an essential factor when registering property transactions in Menambedu. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the sale or purchase of property.

When a buyer or seller registers a property, the guideline value is used to calculate the applicable fees, ensuring that the transaction is compliant with local regulations. It is important to be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Pillaiyar Koil 6th Cross Street(Ward 7)?

The current guideline value of Pillaiyar Koil 6th 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 536 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,001 per sq.ft in 2024.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 10,01,000, the stamp duty would be Rs 70,070, and the registration fee would be Rs 20,020, totaling Rs 90,090.

Which office handles property registrations for Pillaiyar Koil 6th Cross Street(Ward 7)?

The Ambattur Sub Registrar Office handles property registrations for Pillaiyar Koil 6th Cross Street(Ward 7), located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What is the significance of the guideline value in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It ensures compliance with local regulations and helps avoid discrepancies during the registration process.