Guideline Value

Corporate

Guideline Value for S.S. Nagar

₹2400/sq.ft.

The guideline value for S.s. Nagar in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2400 per sq.ft, effective 1 July 2024. 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 N/A
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 ₹200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹175 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹139 /sq.ft.
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]

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S.S. Nagar guideline value

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

How the guideline value of S.S. Nagar has changed

Over the years, the guideline value of S.S. Nagar has experienced significant changes. The earliest recorded value was Rs 139 per sq.ft in 2002, which increased to Rs 175 per sq.ft in 2003, marking a 26% rise. By 2007, the value surged to Rs 200 per sq.ft, reflecting a 14% increase. The most notable jump occurred between 2007 and 2012, where the guideline value skyrocketed to Rs 2,200 per sq.ft, representing a staggering 1000% increase. However, from 2012 to 2017, the value decreased to Rs 1,474 per sq.ft, a decline of 33%. The current value of Rs 2,400 per sq.ft for 2024 shows a 63% increase from the 2017 figure.

It is important to note that there is no figure available for the 2023 revision for this street. Overall, from 2002 to 2024, the guideline value has increased by 1627%.

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 is Rs 2,400 per sq.ft, which is equal to the current guideline value of S.S. Nagar.

Stamp duty and registration fee for property in S.S. Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value amounts to Rs 24,00,000. The stamp duty at 7% would be Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, totaling Rs 2,16,000. It is essential 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 S.S. Nagar?

The Sub Registrar Office that covers S.S. Nagar 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 a crucial factor in property transactions in Thirumullaivoyal. It serves as the basis for calculating the stamp duty and registration fees during the sale or purchase of property. Buyers and sellers must consider the guideline value to ensure compliance with legal requirements.

When registering a property, the guideline value helps determine the official value of the property for taxation purposes. This ensures that the state government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of S.S. Nagar?

The current guideline value of S.S. Nagar 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 significantly from Rs 139 per sq.ft in 2002 to Rs 2,400 per sq.ft in 2024, marking an overall increase of 1627% over this period.

What is the land classification for S.S. Nagar?

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

Where can I find the Sub Registrar Office for S.S. Nagar?

The Sub Registrar Office for S.S. Nagar 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 property in S.S. Nagar?

The stamp duty for property in S.S. Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applied.