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Guideline Value

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Guideline Value for Santhi Nagar (Murugesan Street)

₹2400/sq.ft.

The guideline value for Santhi Nagar (murugesan Street) 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 N/A
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 Santhi Nagar (murugesan Street)

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Santhi Nagar (Murugesan Street) guideline value

The current guideline value for Santhi Nagar (Murugesan Street) is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village, under the Ambattur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Santhi Nagar (Murugesan Street) has changed

The guideline value for Santhi Nagar (Murugesan Street) has seen several revisions over the years. The 2012 revision set the value at Rs 2,200 per sq.ft, followed by the 2024 revision which increased it to Rs 2,400 per sq.ft, marking a change of +9% from the previous revision. The register has no figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

In summary, the only revisions with figures for Santhi Nagar (Murugesan Street) are from 2012 and 2024. The increase from Rs 2,200 to Rs 2,400 reflects the latest valuation as of July 2024.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft, with a median value of Rs 2,400 per sq.ft. Santhi Nagar (Murugesan Street) aligns with this median value at Rs 2,400 per sq.ft.

Stamp duty and registration fee for property in Santhi Nagar (Murugesan Street)

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, bringing the total fees to Rs 2,16,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Santhi Nagar (Murugesan Street)?

Santhi Nagar (Murugesan Street) falls under the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. To find your SRO, visit find your SRO.

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

The guideline value is a critical factor when registering property transactions in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the registration process is conducted fairly.

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

Frequently asked questions

What is the current guideline value of Santhi Nagar (Murugesan Street)?

The current guideline value of Santhi Nagar (Murugesan Street) is Rs 2,400 per sq.ft, effective from 1 July 2024.

What was the guideline value in 2012 for Santhi Nagar (Murugesan Street)?

The guideline value for Santhi Nagar (Murugesan Street) in 2012 was Rs 2,200 per sq.ft.

How much has the guideline value changed since 2012?

Since 2012, the guideline value has increased by 9%, from Rs 2,200 per sq.ft to Rs 2,400 per sq.ft as of the 2024 revision.

Which office handles registrations for Santhi Nagar (Murugesan Street)?

The Ambattur Sub Registrar Office handles registrations for Santhi Nagar (Murugesan Street), located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

Are there other streets in Thirumullaivoyal with the same guideline value?

Yes, there are several other streets in Thirumullaivoyal that also have a guideline value of Rs 2,400 per sq.ft, including Santhi Nagar Main Road, Santhi Street (Devi Nagar), and Santhi Nagar Extention.