Guideline Value

Corporate

Guideline Value for Shanthipuram 3rd Cross Road

₹2700/sq.ft.

The guideline value for Shanthipuram 3rd Cross Road in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /sq.ft.
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 Shanthipuram 3rd Cross Road

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Shanthipuram 3rd Cross Road guideline value

The current guideline value of Shanthipuram 3rd Cross Road is Rs 2,700 per sq.ft, effective from 1 July 2024. This road is located in Thirumullaivoyal village and falls under the Ambattur SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Shanthipuram 3rd Cross Road has changed

The guideline value for Shanthipuram 3rd Cross Road has undergone several revisions over the years. The earliest recorded revision was in 2007, when the guideline value was Rs 400 per sq.ft. This increased significantly to Rs 2,500 per sq.ft in 2012, marking a substantial rise of 525%. However, in 2017, the value decreased to Rs 1,675 per sq.ft, which was a decline of 33%. The value then rose again to Rs 2,500 per sq.ft in 2023, reflecting a 49% increase. The most recent revision in 2024 set the value at Rs 2,700 per sq.ft, an increase of 8% from the previous year.

It is important to note that there are no recorded figures for the years 2002 and 2003 for this street in the register. Overall, from 2007 to 2024, the guideline value has increased by 575%.

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 village is Rs 2,400 per sq.ft, positioning Shanthipuram 3rd Cross Road above this median.

Stamp duty and registration fee for property in Shanthipuram 3rd Cross Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value amounts to Rs 27,00,000. The stamp duty is charged at 7%, which totals Rs 1,89,000, and the registration fee is 2%, amounting to Rs 54,000. Therefore, the total cost for stamp duty and registration fees together is Rs 2,43,000. 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 Shanthipuram 3rd Cross Road?

The Sub Registrar Office that covers Shanthipuram 3rd Cross Road is 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 is a crucial factor when registering property transactions in Thirumullaivoyal. It serves as a baseline for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a property is registered, the guideline value is compared to the sale price, and the higher amount is used for calculating the necessary duties and fees. This ensures that the government receives appropriate revenue based on the property's value.

Frequently asked questions

What is the current guideline value of Shanthipuram 3rd Cross Road?

The current guideline value of Shanthipuram 3rd Cross Road is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2007 to Rs 2,700 per sq.ft in 2024, reflecting an overall increase of 575% over the years.

What is the land classification of Shanthipuram 3rd Cross Road?

The land classification for Shanthipuram 3rd Cross Road is Residential Special Type - II.

What are the stamp duty and registration fees for a property here?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees amount to Rs 2,43,000.

Which office handles the registration for Shanthipuram 3rd Cross Road?

The registration for Shanthipuram 3rd Cross Road is handled by the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur - 600 053, Chennai registration zone.