Guideline Value

Corporate

Guideline Value for Santhi Nagar Extention

₹2400/sq.ft.

The guideline value for Santhi Nagar Extention 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 Extention

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Santhi Nagar Extention guideline value

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

How the guideline value of Santhi Nagar Extention has changed

The guideline value for Santhi Nagar Extention has seen revisions over the years. The most recent revision in 2024 set the value at Rs 2,400 per sq.ft, an increase from Rs 2,200 per sq.ft in the 2012 revision, representing a change of +9%. The register has no figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

Prior to the 2012 revision, the guideline value was not specified for the years mentioned. The 2012 figure of Rs 2,200 per sq.ft marked a notable increase from previous years, but specific values for the earlier revisions are not available.

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 value for these streets is Rs 2,400 per sq.ft, which is equal to the current guideline value of Santhi Nagar Extention.

Stamp duty and registration fee for property in Santhi Nagar Extention

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value would be Rs 24,00,000. The stamp duty at 7% would amount to 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 further calculations.

Which Sub Registrar Office covers Santhi Nagar Extention?

The Sub Registrar Office that covers Santhi Nagar Extention 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 details.

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

The guideline value is an essential factor during property registration in Thirumullaivoyal. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that these charges are calculated based on the higher of the guideline value or the sale price.

When buying or selling property, it is crucial to be aware of the guideline value, as it affects the overall transaction costs. Buyers and sellers should ensure that the property is registered at the correct guideline value to avoid any legal complications.

Frequently asked questions

What is the current guideline value of Santhi Nagar Extention?

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

How much has the guideline value changed over the years?

Since the 2012 revision, the guideline value has increased from Rs 2,200 per sq.ft to Rs 2,400 per sq.ft in 2024, representing a change of +9%.

What is the land classification of Santhi Nagar Extention?

Santhi Nagar Extention is classified as Residential Class I Type - I, indicating its suitability for residential purposes.

Where can I find the registration office for Santhi Nagar Extention?

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

How is stamp duty calculated for property in Santhi Nagar Extention?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applied to the guideline value.