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Guideline Value

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Guideline Value for Sri Devi Vaishnavi Nagar (F Street)

₹2700/sq.ft.

The guideline value for Sri Devi Vaishnavi Nagar (f Street) in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. 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 N/A
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 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 Sri Devi Vaishnavi Nagar (f Street)

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Sri Devi Vaishnavi Nagar (F Street) guideline value

The current guideline value of Sri Devi Vaishnavi Nagar (F Street) is Rs 2,700 per sq.ft, effective from 1 July 2024. This area is part of Thirumullaivoyal village and falls under the Ambattur SRO. The land classification for this street is Residential Special Type - II.

How the guideline value of Sri Devi Vaishnavi Nagar (F Street) has changed

The guideline value for Sri Devi Vaishnavi Nagar (F Street) has undergone several revisions over the years. The oldest available figure is from the 2012 revision, which was Rs 2,500 per sq.ft. This was followed by a decrease to Rs 1,675 per sq.ft in the 2017 revision. The most recent revision in 2024 shows a significant increase to Rs 2,700 per sq.ft, marking a 61% rise from the 2017 figure. Overall, the guideline value has seen a slight increase of 8% from the 2012 figure to the 2024 figure.

There are no figures available for the revisions in 2002, 2003, 2007, and 2023 for this street. Therefore, the only revisions that provide guideline values are from 2012, 2017, and 2024.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO, with guideline values ranging from Rs 880 to Rs 5,500 per sq.ft as of the 2024 revision. The median guideline value for the village is Rs 2,400 per sq.ft, placing the guideline value of Rs 2,700 per sq.ft for Sri Devi Vaishnavi Nagar (F Street) above the median.

Stamp duty and registration fee for property in Sri Devi Vaishnavi Nagar (F Street)

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, making the total fees Rs 2,43,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Devi Vaishnavi Nagar (F Street)?

Sri Devi Vaishnavi Nagar (F Street) falls under 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 during 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. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is sold, the guideline value is used to calculate the applicable duties, ensuring that the transaction is recorded accurately. This helps maintain transparency in property dealings within the region.

Frequently asked questions

What is the current guideline value of Sri Devi Vaishnavi Nagar (F Street)?

The current guideline value of Sri Devi Vaishnavi Nagar (F Street) 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 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, and then increased to Rs 2,700 per sq.ft in 2024. This represents a 61% increase from 2017 to 2024 and an overall increase of 8% from 2012 to 2024.

What are the stamp duty and registration fees for properties in this area?

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. These fees are based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers this street?

The Ambattur Sub Registrar Office covers Sri Devi Vaishnavi Nagar (F Street). It is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What is the land classification for Sri Devi Vaishnavi Nagar (F Street)?

The land classification for Sri Devi Vaishnavi Nagar (F Street) is Residential Special Type - II, indicating its designation for residential development within the area.