Guideline Value

Corporate

Guideline Value for SRI ELLAI AMMAN NAGAR

₹500/sq.ft.

The guideline value for Sri Ellai Amman Nagar in Arambakkam village (Gooduvancheri SRO, Chengalpattu zone) is Rs 500 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Arambakkam

Village

Gooduvancheri

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹500 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sri Ellai Amman Nagar

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Sri Ellai Amman Nagar guideline value

The current guideline value of Sri Ellai Amman Nagar is Rs 500 per sq.ft, effective from 1 July 2024. This locality is situated in Arambakkam village under the Gooduvancheri SRO and is classified as Residential Class I Type - I.

How the guideline value of Sri Ellai Amman Nagar has changed

In the 2017 revision, the guideline value was Rs 335 per sq.ft. It remained unchanged at Rs 500 per sq.ft in the 2023 revision and continues at the same rate in the 2024 revision, reflecting a 49% increase from the 2017 figure. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value saw an increase of 49%, and there was no change from 2023 to 2024, maintaining the rate at Rs 500 per sq.ft. Overall, from 2017 to 2024, the guideline value has increased by 49%.

Guideline values in Arambakkam

In Arambakkam, there are 33 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 800 per sq.ft, with a median of Rs 600 per sq.ft. The guideline value of Sri Ellai Amman Nagar is below this median.

Stamp duty and registration fee for property in Sri Ellai Amman Nagar

For a 1,000 sq.ft plot at the current rate of Rs 500 per sq.ft, the guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, totaling Rs 45,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Sri Ellai Amman Nagar?

The Sub Registrar Office that covers Sri Ellai Amman Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Arambakkam. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duties and registration fees.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that these costs are based on the guideline value or the actual sale price, whichever is higher, impacting the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Sri Ellai Amman Nagar?

The current guideline value of Sri Ellai Amman Nagar is Rs 500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has not changed from Rs 500 per sq.ft between the 2023 and 2024 revisions. However, it increased from Rs 335 per sq.ft in 2017 to Rs 500 per sq.ft in 2023, marking a 49% increase over that period.

What is the land classification for Sri Ellai Amman Nagar?

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

Where is the registration office for Sri Ellai Amman Nagar located?

The registration office for Sri Ellai Amman Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is stamp duty calculated for properties in Sri Ellai Amman Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total stamp duty would be Rs 35,000 at a rate of 7%.