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Guideline Value

Corporate

Guideline Value for Prithivipakkam East Canal Road

₹4000/sq.ft.

The guideline value for Prithivipakkam East Canal Road in Ambattur village (Ambattur SRO, Chennai zone) is Rs 4000 per sq.ft, effective 1 July 2024. It was Rs 3700 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ambattur

Village

Ambattur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹4000 /sq.ft.
From 1-4-2023 ₹3700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2479 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3700 /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 Prithivipakkam East Canal Road

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Prithivipakkam East Canal Road guideline value

The current guideline value of Prithivipakkam East Canal Road is Rs 4,000 per sq.ft, effective from 1 July 2024. This road is located in Ambattur village and falls under the Ambattur SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Prithivipakkam East Canal Road has changed

Looking back at the revisions, the guideline value for Prithivipakkam East Canal Road was Rs 3,700 per sq.ft in 2023, which reflects an increase of 8% to the current value of Rs 4,000 per sq.ft in 2024. Prior to that, in 2017, the value was Rs 2,479 per sq.ft, marking a significant increase of 49% to reach the 2023 figure. The 2012 revision also recorded a value of Rs 3,700 per sq.ft, showing a decrease of 33% from the 2017 figure.

There are no figures available in the register for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 8%.

Guideline values in Ambattur

In Ambattur, there are 448 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 1,400 to Rs 8,209 per sq.ft, with the median value being Rs 3,600 per sq.ft. The guideline value for Prithivipakkam East Canal Road is above this median.

Stamp duty and registration fee for property in Prithivipakkam East Canal Road

For a 1,000 sq.ft plot at the current guideline value of Rs 4,000 per sq.ft, the total guideline value amounts to Rs 40,00,000. The stamp duty at 7% would be Rs 2,80,000, and the registration fee at 2% would be Rs 80,000, bringing the total cost for these charges to Rs 3,60,000. It is important to note that 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 Prithivipakkam East Canal Road?

The Sub Registrar Office that covers Prithivipakkam East Canal Road 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 Ambattur

The guideline value is a crucial factor in property registration in Ambattur. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when a property transaction occurs. Buyers and sellers should be aware that these fees are based on the guideline value or the sale price, whichever is higher.

When purchasing or selling property, understanding the guideline value helps ensure compliance with local regulations and accurate financial planning. It is advisable to consult the latest guidelines and seek professional assistance if needed.

Frequently asked questions

What is the current guideline value of Prithivipakkam East Canal Road?

The current guideline value of Prithivipakkam East Canal Road is Rs 4,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2012, the guideline value has seen various changes, starting from Rs 3,700 in 2012, decreasing to Rs 2,479 in 2017, then increasing to Rs 3,700 in 2023, and finally reaching Rs 4,000 in 2024.

What is the land classification for Prithivipakkam East Canal Road?

The land classification for Prithivipakkam East Canal Road is Residential Special Type - II.

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

For a property valued at Rs 40,00,000, the stamp duty would be Rs 2,80,000 and the registration fee would be Rs 80,000, totaling Rs 3,60,000. These fees are based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Prithivipakkam East Canal Road?

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