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Guideline Value

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Guideline Value for Sithirai Veethi(senthil nagar)

₹2700/sq.ft.

The guideline value for Sithirai Veethi(senthil Nagar) 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 N/A
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹600 /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 Sithirai Veethi(senthil Nagar)

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Sithirai Veethi(senthil nagar) guideline value

The current guideline value of Sithirai Veethi(senthil nagar) is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village, under the Ambattur SRO, and is classified as Residential Special Type - II.

How the guideline value of Sithirai Veethi(senthil nagar) has changed

In the 2007 revision, the guideline value was set at Rs 600 per sq.ft. This figure saw a significant increase in the 2012 revision, where it rose to Rs 2,500 per sq.ft, marking a change of +317%. The guideline value remained unchanged at Rs 2,500 per sq.ft in the 2023 revision. However, in the 2024 revision, the value increased to Rs 2,700 per sq.ft, reflecting an increase of +8% from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by +350%. It is important to note that there are no figures available for the years 2002, 2003, and 2017 for this street.

Guideline values in Thirumullaivoyal

Thirumullaivoyal comprises 975 streets under the Ambattur SRO, with guideline values for 2024 ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value for the village is Rs 2,400 per sq.ft, placing the 2024 figure for Sithirai Veethi(senthil nagar) above this median.

Stamp duty and registration fee for property in Sithirai Veethi(senthil nagar)

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 at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total to Rs 2,43,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can also use the stamp duty and registration fee calculator for precise calculations.

Which Sub Registrar Office covers Sithirai Veethi(senthil nagar)?

The Sub Registrar Office that covers Sithirai Veethi(senthil nagar) 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 information.

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

The guideline value plays a crucial role during property transactions in Thirumullaivoyal. It is used to determine the stamp duty and registration fees that are applicable when buying or selling property in the area.

When registering a property, the guideline value is compared with 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 correct amount based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Sithirai Veethi(senthil nagar)?

The current guideline value of Sithirai Veethi(senthil nagar) is Rs 2,700 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2007 to Rs 2,700 per sq.ft in 2024, which is an overall increase of +350%.

What is the land classification for Sithirai Veethi(senthil nagar)?

Sithirai Veethi(senthil nagar) is classified as Residential Special Type - II.

What are the stamp duty and registration fees for a property in Sithirai Veethi(senthil nagar)?

For a property valued at Rs 27,00,000, the stamp duty would be Rs 1,89,000 and the registration fee would be Rs 54,000, totaling Rs 2,43,000.

Where is the Sub Registrar Office for Sithirai Veethi(senthil nagar)?

The Sub Registrar Office for Sithirai Veethi(senthil nagar) is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.