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Guideline Value for Saraswathi Nagar S.No. 871 only

₹1100/sq.ft.

The guideline value for Saraswathi Nagar S.no. 871 Only in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class IV Type - III
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /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 S.no. 871 Only

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Saraswathi Nagar S.No. 871 only guideline value

The current guideline value for Saraswathi Nagar S.No. 871 only is Rs 1,100 per sq.ft, effective from 1 July 2024. This property is located in Thirumullaivoyal village, under the Ambattur SRO, and is classified as Residential Class IV Type - III.

How the guideline value of Saraswathi Nagar S.No. 871 only has changed

Over the years, the guideline value for Saraswathi Nagar S.No. 871 has seen several revisions. The 2012 revision set the value at Rs 1,000 per sq.ft, which was a decrease of 33% from the Rs 670 per sq.ft recorded in the 2017 revision. The value remained at Rs 1,000 per sq.ft in 2012, and there are no figures available for the years 2002, 2003, and 2007.

In the 2023 revision, the guideline value increased to Rs 1,000 per sq.ft, followed by a further increase of 10% to Rs 1,100 per sq.ft in the 2024 revision. Overall, from 2012 to 2024, the guideline value has increased by 10%.

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 for these streets is Rs 2,400 per sq.ft, placing Saraswathi Nagar S.No. 871 below this median.

Stamp duty and registration fee for property in Saraswathi Nagar S.No. 871 only

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. 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 Saraswathi Nagar S.No. 871 only?

The Sub Registrar Office that covers Saraswathi Nagar S.No. 871 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 further assistance.

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

When buying or selling property in Thirumullaivoyal, the guideline value is a crucial figure used to determine the stamp duty and registration fees. It serves as a benchmark for the valuation of the property, ensuring that the transaction is recorded at a fair value according to the local regulations.

At the time of registration, the guideline value will be compared with the sale price of the property. The higher of the two values will be used to calculate the applicable duties and fees, ensuring compliance with the regulatory framework.

Frequently asked questions

What is the current guideline value for Saraswathi Nagar S.No. 871?

The current guideline value for Saraswathi Nagar S.No. 871 only is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 1,100 per sq.ft in 2024, with a notable increase of 10% from 2023 to 2024.

What is the land classification for Saraswathi Nagar S.No. 871?

Saraswathi Nagar S.No. 871 is classified as Residential Class IV Type - III.

Where can I find the Sub Registrar Office for this property?

The Sub Registrar Office for Saraswathi Nagar S.No. 871 is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is the stamp duty calculated for properties in Thirumullaivoyal?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property with a guideline value of Rs 11,00,000, the stamp duty would be Rs 77,000 at 7%.