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Guideline Value

Corporate

Guideline Value for Santhi Nagar 1st Street

₹2400/sq.ft.

The guideline value for Santhi Nagar 1st 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 1st Street

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Santhi Nagar 1st Street guideline value

The current guideline value of Santhi Nagar 1st 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 1st Street has changed

The guideline value for Santhi Nagar 1st Street has undergone several revisions over the years. The earliest recorded revision is from 2012, where the guideline value was Rs 2,200 per sq.ft. The latest revision in 2024 increased this value to Rs 2,400 per sq.ft, representing a change of +9% from the 2012 figure. There are no recorded figures for the revisions in 2023, 2017, 2007, 2003, and 2002 for this street.

From the 2012 revision to the 2024 revision, the guideline value increased significantly, reflecting the current rate. The 2024 figure of Rs 2,400 per sq.ft aligns with the median guideline value for the village, which ranges from Rs 880 to Rs 5,500 per sq.ft across 975 streets in Thirumullaivoyal.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, the guideline values vary significantly across different streets. The current guideline value for Santhi Nagar 1st Street matches the median value of Rs 2,400 per sq.ft. The following are other streets in Thirumullaivoyal under the Ambattur SRO:

Stamp duty and registration fee for property in Santhi Nagar 1st 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 is charged at 7%, which totals Rs 1,68,000, and the registration fee is charged at 2%, totaling Rs 48,000. The combined cost for stamp duty and registration fee is Rs 2,16,000. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Santhi Nagar 1st Street?

The Sub Registrar Office that covers Santhi 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 plays a crucial role in the property registration process in Thirumullaivoyal. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold. The guideline value ensures that the transaction is recorded at a fair value, which is essential for legal and taxation purposes.

When you are involved in a property transaction, the guideline value will be referenced to calculate the applicable fees. Buyers and sellers should be aware of the current guideline value to ensure compliance with local regulations and to understand the financial implications of the transaction.

Frequently asked questions

What is the current guideline value of Santhi Nagar 1st Street?

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

How has the guideline value changed over the years?

The guideline value for Santhi Nagar 1st Street was Rs 2,200 per sq.ft in 2012 and increased to Rs 2,400 per sq.ft in 2024, representing a change of +9%. There are no recorded figures for the years 2023, 2017, 2007, 2003, and 2002.

What is the land classification for Santhi Nagar 1st Street?

Santhi Nagar 1st Street is classified as Residential Class I Type - I. This classification is important for understanding the permissible uses of the land.

What are the stamp duty and registration fees for a property in Santhi Nagar 1st Street?

For a property of 1,000 sq.ft, the guideline value is Rs 24,00,000. The stamp duty is Rs 1,68,000, and the registration fee is Rs 48,000, totaling Rs 2,16,000. Duty is charged on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Santhi Nagar 1st Street located?

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