Guideline Value

Corporate

Guideline Value for Sathiyamoorthy Salai

₹2400/sq.ft.

The guideline value for Sathiyamoorthy Salai 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 ₹200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹140 /sq.ft.
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 Sathiyamoorthy Salai

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Sathiyamoorthy Salai guideline value

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

How the guideline value of Sathiyamoorthy Salai has changed

The guideline value for Sathiyamoorthy Salai has undergone several revisions over the years. In 2003, the value was Rs 140 per sq.ft, which increased to Rs 200 per sq.ft in 2007, marking a significant rise of 43%. The value then soared to Rs 2,200 per sq.ft in 2012, reflecting a remarkable increase of 1000%. This figure remained unchanged until 2023, when it was again set at Rs 2,200 per sq.ft. The most recent revision in 2024 saw a further increase to Rs 2,400 per sq.ft, representing a 9% rise from the previous year.

It is important to note that there are no figures available for Sathiyamoorthy Salai in the revisions for the years 2002 and 2017. Overall, from 2003 to 2024, the guideline value has increased by 1614%.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that carry a guideline value for 2024, ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value in this area is Rs 2,400 per sq.ft, which is equal to the current guideline value of Sathiyamoorthy Salai.

Stamp duty and registration fee for property in Sathiyamoorthy Salai

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 fees to Rs 2,16,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Sathiyamoorthy Salai?

The Sub Registrar Office that covers Sathiyamoorthy Salai is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Sathiyamoorthy Salai?

The current guideline value of Sathiyamoorthy Salai 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 140 per sq.ft in 2003 to Rs 2,400 per sq.ft in 2024, reflecting an overall increase of 1614% over this period.

What are the stamp duty and registration fees for property in Sathiyamoorthy Salai?

For a property valued at Rs 24,00,000, the stamp duty would be Rs 1,68,000 and the registration fee would be Rs 48,000, totaling Rs 2,16,000.

Which Sub Registrar Office covers Sathiyamoorthy Salai?

The Ambattur Sub Registrar Office covers Sathiyamoorthy Salai, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What is the land classification for Sathiyamoorthy Salai?

Sathiyamoorthy Salai is classified as Residential Class I Type - I, indicating its suitability for residential development.