Guideline Value

Corporate

Guideline Value for Saraswathi Nagar 2nd Street

₹2400/sq.ft.

The guideline value for Saraswathi Nagar 2nd 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 Saraswathi Nagar 2nd Street

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Saraswathi Nagar 2nd Street guideline value

The current guideline value of Saraswathi Nagar 2nd Street is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village, under the Ambattur SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Saraswathi Nagar 2nd Street has changed

The guideline value for Saraswathi Nagar 2nd Street has undergone several revisions over the years. The 2012 revision set the value at Rs 2,200 per sq.ft, which remained unchanged until the 2023 revision, where it was again Rs 2,200 per sq.ft. However, in the 2024 revision, the guideline value increased to Rs 2,400 per sq.ft, marking a 9% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 9%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2017 for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO, with guideline values ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value is Rs 2,400 per sq.ft, which is equal to the current value of Saraswathi Nagar 2nd Street.

Stamp duty and registration fee for property in Saraswathi Nagar 2nd 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 cost to Rs 2,16,000. Please note that the duty is charged on the higher of the guideline value and the sale price. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Saraswathi Nagar 2nd Street?

The Sub Registrar Office that covers Saraswathi Nagar 2nd 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 a critical factor during the registration of properties in Thirumullaivoyal. It serves as a benchmark for calculating the stamp duty and registration fees that buyers must pay when acquiring property in the area.

When a property is sold, the guideline value helps ensure that the transaction is recorded at a fair value, reflecting the current market standards. Buyers and sellers should be aware of the guideline value to understand the financial implications of the registration process.

Frequently asked questions

What is the current guideline value of Saraswathi Nagar 2nd Street?

The current guideline value of Saraswathi Nagar 2nd 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 has changed from Rs 2,200 per sq.ft in 2012 to Rs 2,400 per sq.ft in 2024, marking a 9% increase. There was no change from 2012 to 2023, and the register has no figures for the years 2002, 2003, 2007, and 2017.

What is the land classification for Saraswathi Nagar 2nd Street?

The land classification for Saraswathi Nagar 2nd Street is Residential Class I Type - I, indicating its suitability for residential purposes.

What is the stamp duty for properties in Saraswathi Nagar 2nd Street?

The stamp duty for properties in Saraswathi Nagar 2nd Street is charged at 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Saraswathi Nagar 2nd Street located?

The Sub Registrar Office for Saraswathi Nagar 2nd Street is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.