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Guideline Value

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Guideline Value for Saraswathi Nagar V.OC. 2nd Street

₹2400/sq.ft.

The guideline value for Saraswathi Nagar V.oc. 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 V.oc. 2nd Street

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Saraswathi Nagar V.OC. 2nd Street guideline value

The current guideline value for Saraswathi Nagar V.OC. 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, and it falls under the Residential Class I Type - I land classification.

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

The guideline value for Saraswathi Nagar V.OC. 2nd Street has seen several revisions over the years. The register shows that the value was Rs 2,200 per sq.ft in both 2012 and 2023. The most recent revision in 2024 increased the value to Rs 2,400 per sq.ft, marking a 9% increase from the previous year. Overall, from 2012 to 2024, the guideline value has increased by 9%.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2017 for this street. Therefore, the only relevant revisions are from 2012, 2023, and 2024.

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 for these streets is Rs 2,400 per sq.ft, which is equal to the current value of Saraswathi Nagar V.OC. 2nd Street.

Stamp duty and registration fee for property in Saraswathi Nagar V.OC. 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 for these fees to Rs 2,16,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Saraswathi Nagar V.OC. 2nd Street?

The Sub Registrar Office that covers Saraswathi Nagar V.OC. 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 details.

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

The guideline value is a crucial factor during the registration of property transactions in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value helps both parties understand the value of the property in the eyes of the law. It is essential to refer to the latest guideline value to ensure compliance with registration requirements.

Frequently asked questions

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

The current guideline value of Saraswathi Nagar V.OC. 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 increased from Rs 2,200 per sq.ft in 2023 to Rs 2,400 per sq.ft in 2024, marking a 9% increase. It has remained at Rs 2,200 per sq.ft from 2012 to 2023, resulting in an overall increase of 9% from 2012 to 2024.

What is the land classification of Saraswathi Nagar V.OC. 2nd Street?

Saraswathi Nagar V.OC. 2nd Street is classified as Residential Class I Type - I. This classification indicates the type of development permitted in the area.

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

The Sub Registrar Office covering Saraswathi Nagar V.OC. 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.

What is the range of guideline values for other streets in Thirumullaivoyal?

The guideline values for other streets in Thirumullaivoyal range from Rs 880 to Rs 5,500 per sq.ft, with a median value of Rs 2,400 per sq.ft, which is the same as the current value for Saraswathi Nagar V.OC. 2nd Street.