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Guideline Value

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Guideline Value for Sri Devi Nagar (S.No.194)

₹1400/sq.ft.

The guideline value for Sri Devi Nagar (s.no.194) in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 1400 per sq.ft, effective 1 July 2024. It was Rs 1300 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Iii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class III Type - III
History
Period Guideline Value
From 1-7-2024 ₹1400 /sq.ft.
From 1-4-2023 ₹1300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹871 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1300 /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 Sri Devi Nagar (s.no.194)

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Sri Devi Nagar (S.No.194) guideline value

The current guideline value of Sri Devi Nagar (S.No.194) is Rs 1,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Class III Type - III.

How the guideline value of Sri Devi Nagar (S.No.194) has changed

The guideline value for Sri Devi Nagar has seen several revisions over the years. In 2007, the guideline value was Rs 400 per sq.ft, which increased significantly to Rs 1,300 per sq.ft in 2012. However, it dropped to Rs 871 per sq.ft in 2017. The value then rose sharply to Rs 1,300 per sq.ft in 2023 before reaching the current figure of Rs 1,400 per sq.ft in 2024. Notably, the register has no figures for the years 2002 and 2003.

In terms of percentage changes, the guideline value increased by 225% from 2007 to 2012, decreased by 33% from 2012 to 2017, and then surged by 49% from 2017 to 2023. The most recent increase from 2023 to 2024 is 8%. Overall, from 2007 to 2024, the guideline value has increased by 250%.

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, with a median value of Rs 2,400 per sq.ft. The guideline value of Sri Devi Nagar (S.No.194) is below this median.

Stamp duty and registration fee for property in Sri Devi Nagar (S.No.194)

For a 1,000 sq.ft plot at the current rate of Rs 1,400 per sq.ft, the guideline value amounts to Rs 14,00,000. The stamp duty at 7% would be Rs 98,000, and the registration fee at 2% would be Rs 28,000, totaling Rs 1,26,000. 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 Sri Devi Nagar (S.No.194)?

The Sub Registrar Office that covers Sri Devi Nagar (S.No.194) 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 is a crucial factor in the registration process of property transactions in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of registration.

When buying or selling property, the guideline value helps ensure that the transaction is recorded at a fair value, which is essential for legal and financial purposes. It is important for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Sri Devi Nagar (S.No.194)?

The current guideline value of Sri Devi Nagar (S.No.194) is Rs 1,400 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 1,400 per sq.ft in 2024, reflecting an overall increase of 250% over this period.

What is the land classification of Sri Devi Nagar?

Sri Devi Nagar is classified as Residential Class III Type - III, indicating its suitability for residential development.

What is the stamp duty rate for properties in Sri Devi Nagar?

The stamp duty for properties in Sri Devi Nagar is charged at a rate of 7% based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Sri Devi Nagar located?

The Sub Registrar Office for Sri Devi Nagar is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.