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Guideline Value

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Guideline Value for S.B. Nagar 1st Street (Subramaniar Bharathiyar)

₹2400/sq.ft.

The guideline value for S.b. Nagar 1st Street (subramaniar Bharathiyar) in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2400 per sq.ft, effective 1 July 2024. It was Rs 2200 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2400 /sq.ft.
From 1-4-2023 ₹2200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1474 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2200 /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 S.b. Nagar 1st Street (subramaniar Bharathiyar)

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S.B. Nagar 1st Street (Subramaniar Bharathiyar) guideline value

The current guideline value of S.B. Nagar 1st Street (Subramaniar Bharathiyar) is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Class I Type - I.

How the guideline value of S.B. Nagar 1st Street (Subramaniar Bharathiyar) has changed

The guideline value for S.B. Nagar 1st Street has seen several revisions over the years. The 2012 revision set the value at Rs 2,200 per sq.ft, which was a decrease of 33% from the previous figure of Rs 1,474 per sq.ft in 2017. The value remained at Rs 2,200 per sq.ft until the 2023 revision, which increased it to Rs 2,200 per sq.ft, and then further rose to Rs 2,400 per sq.ft in the 2024 revision, marking a 9% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 9%. The register does not have figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO with a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft. The median value among these streets is Rs 2,400 per sq.ft, which is the same as the guideline value for S.B. Nagar 1st Street.

Stamp duty and registration fee for property in S.B. Nagar 1st Street (Subramaniar Bharathiyar)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value would be Rs 24,00,000. The stamp duty at 7% would amount to Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, bringing the total fees together to Rs 2,16,000. Duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers S.B. Nagar 1st Street (Subramaniar Bharathiyar)?

The Sub Registrar Office covering S.B. Nagar 1st Street 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

The guideline value is an essential factor during property transactions in Thirumullaivoyal. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the fair value of the property. It is crucial for buyers to be aware of these values to make informed decisions during the registration process.

Frequently asked questions

What is the current guideline value of S.B. Nagar 1st Street?

The current guideline value of S.B. Nagar 1st Street (Subramaniar Bharathiyar) is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,200 per sq.ft in 2023 to Rs 2,400 per sq.ft in 2024, a 9% increase. It was Rs 1,474 per sq.ft in 2017, and the value saw a 49% increase to Rs 2,200 per sq.ft in 2023.

What is the land classification for S.B. Nagar 1st Street?

S.B. Nagar 1st Street is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for S.B. Nagar 1st Street?

The Sub Registrar Office for S.B. Nagar 1st Street is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur- 600 053, Chennai registration zone.

How is stamp duty calculated for properties in S.B. Nagar 1st Street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 24,00,000, the stamp duty would be Rs 1,68,000.