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Guideline Value

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Guideline Value for Pillaiyar Koil Street Ward 6

₹1001/sq.ft.

The guideline value for Pillaiyar Koil Street Ward 6 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 Street Ward 6

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Pillaiyar Koil Street Ward 6 guideline value

The current guideline value of Pillaiyar Koil Street Ward 6 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 Street Ward 6 has changed

The guideline value for Pillaiyar Koil Street Ward 6 has seen several revisions over the years. In 2012, the guideline value was Rs 800 per sq.ft, which then decreased to Rs 536 per sq.ft in 2017. The value increased significantly to Rs 1,000 per sq.ft in 2023, and it has now reached Rs 1,001 per sq.ft in the 2024 revision. Notably, the register has no figure for the years 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the guideline value increased by 87%. Overall, from 2012 to 2024, the guideline value has increased by 25%.

Guideline values in Menambedu

In Menambedu village, there are 171 streets under the Ambattur SRO that carry a guideline value for 2024, 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, making the 2024 figure for Pillaiyar Koil Street Ward 6 below this median.

Stamp duty and registration fee for property in Pillaiyar Koil Street Ward 6

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, leading to a total of Rs 90,090. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Pillaiyar Koil Street Ward 6?

The Sub Registrar Office that covers Pillaiyar Koil Street Ward 6 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 Menambedu

The guideline value is a crucial factor when registering property transactions in Menambedu. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction process.

When buyers or sellers engage in property transactions, the guideline value is used to ensure that the appropriate fees are calculated based on the higher of the guideline value or the actual sale price. This process helps maintain transparency in property dealings.

Frequently asked questions

What is the current guideline value of Pillaiyar Koil Street Ward 6?

The current guideline value of Pillaiyar Koil Street Ward 6 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 increased to Rs 1,000 per sq.ft in 2023, and is now Rs 1,001 per sq.ft in 2024.

What is the land classification for Pillaiyar Koil Street Ward 6?

The land classification for Pillaiyar Koil Street Ward 6 is Residential Class IV Type - I.

What is the registration office for Pillaiyar Koil Street Ward 6?

The registration office for Pillaiyar Koil Street Ward 6 is the Ambattur Sub Registrar Office, 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 of the property. For example, for a property valued at Rs 10,01,000, the stamp duty would be Rs 70,070 at a rate of 7%.