Guideline Value

Corporate

Guideline Value for Saraswathi Nagar 5th Street

₹2400/sq.ft.

The guideline value for Saraswathi Nagar 5th 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 5th Street

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Saraswathi Nagar 5th Street guideline value

The current guideline value of Saraswathi Nagar 5th 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 Saraswathi Nagar 5th Street has changed

Over the years, the guideline value for Saraswathi Nagar 5th Street has seen several revisions. The 2012 revision set the value at Rs 2,200 per sq.ft, which remained unchanged until the 2023 revision. In 2023, the guideline value increased to Rs 2,200 per sq.ft, and then further rose to Rs 2,400 per sq.ft in the 2024 revision, marking a 9% increase from the previous year.

From the 2012 revision to the 2024 revision, there has been an overall increase of 9%. The register does not have 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 the same as the current value for Saraswathi Nagar 5th Street.

Stamp duty and registration fee for property in Saraswathi Nagar 5th 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, leading to a total cost of Rs 2,16,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Saraswathi Nagar 5th Street?

The Saraswathi Nagar 5th 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.

For more information, you can find your SRO.

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

The guideline value plays a crucial role in the registration process of properties in Thirumullaivoyal. It is used to determine the stamp duty and registration fees that need to be paid during the transaction.

When buying or selling property, the guideline value is essential for ensuring that the transaction is compliant with local regulations. It helps in assessing the official value of the property, which is necessary for the registration process.

Frequently asked questions

What is the current guideline value of Saraswathi Nagar 5th Street?

The current guideline value of Saraswathi Nagar 5th 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 increased from Rs 2,200 per sq.ft in 2012 to Rs 2,400 per sq.ft in 2024, reflecting a 9% increase over this period.

What is the registration office for Saraswathi Nagar 5th Street?

The registration office for Saraswathi Nagar 5th Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What are the stamp duty and registration fees?

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For a plot of 1,000 sq.ft at Rs 2,400 per sq.ft, the total stamp duty and registration fees would amount to Rs 2,16,000.

Where can I find more information about the guideline value?

More information about the guideline value can be found in the Registration Department's guideline value register (TNReginet) or through the local Sub Registrar Office.