Guideline Value

Corporate

Guideline Value for Santhi Nagar 3rd Street

₹2400/sq.ft.

The guideline value for Santhi Nagar 3rd Street 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 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 3rd Street

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Santhi Nagar 3rd Street guideline value

The current guideline value of Santhi Nagar 3rd 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 falls under the Residential Class I Type - I land classification.

How the guideline value of Santhi Nagar 3rd Street has changed

In the 2012 revision, the guideline value was Rs 2,200 per sq.ft. This figure remained unchanged until the 2023 revision, where it was again recorded at Rs 2,200 per sq.ft. However, in the 2024 revision, the guideline value increased to Rs 2,400 per sq.ft, reflecting 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 has no figures for the years 2002, 2003, 2007, and 2017 for Santhi Nagar 3rd Street.

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. The median guideline value is Rs 2,400 per sq.ft, which matches the 2024 figure for Santhi Nagar 3rd Street.

Stamp duty and registration fee for property in Santhi Nagar 3rd Street

For a 1,000 sq.ft plot at the current rate of Rs 2,400 per sq.ft, the 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. 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 3rd Street?

The Sub Registrar Office that covers Santhi Nagar 3rd 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 important factor in property transactions in Thirumullaivoyal, as it determines the minimum value at which a property can be registered. This value is used to calculate the stamp duty and registration fees that buyers must pay when completing a property transaction.

When buying or selling property, the guideline value serves as a benchmark for the transaction price. If the sale price is lower than the guideline value, the duty will be charged based on the guideline value, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Santhi Nagar 3rd Street?

The current guideline value of Santhi Nagar 3rd 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 was Rs 2,200 per sq.ft in 2012 and remained the same until 2023. In 2024, it increased to Rs 2,400 per sq.ft, marking a 9% increase from the previous year.

What are the other streets in Thirumullaivoyal with the same guideline value?

Other streets in Thirumullaivoyal with the same guideline value of Rs 2,400 per sq.ft include Santhi Nagar 1st Street, Santhi Nagar 2nd Street, Santhi Nagar (Anna Street), Santhi Nagar Extention, Santhi Nagar Main Road, and Santhi Nagar.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 24,00,000, the stamp duty would be Rs 1,68,000 and the registration fee would be Rs 48,000, totaling Rs 2,16,000. Duty is charged based on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Santhi Nagar 3rd Street?

The Sub Registrar Office for Santhi Nagar 3rd Street is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.