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Guideline Value

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Guideline Value for Sri Sabari Ayyappan Nagar 1th Cross Street

₹1400/sq.ft.

The guideline value for Sri Sabari Ayyappan Nagar 1th Cross Street 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 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 Sabari Ayyappan Nagar 1th Cross Street

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Sri Sabari Ayyappan Nagar 1th Cross Street guideline value

The current guideline value of Sri Sabari Ayyappan Nagar 1th Cross Street is Rs 1,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village, under the Ambattur SRO, and is classified as Residential Class III Type - III.

How the guideline value of Sri Sabari Ayyappan Nagar 1th Cross Street has changed

The guideline value for Sri Sabari Ayyappan Nagar 1th Cross Street has seen several revisions over the years. The 2012 revision set the value at Rs 1,300 per sq.ft, which was then reduced to Rs 871 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 1,300 per sq.ft in 2023, and the most recent revision in 2024 has raised it to Rs 1,400 per sq.ft. The changes from 2012 to 2024 show an overall increase of 8%.

From 2017 to 2023, there was a notable increase of 49%. The transition from 2023 to 2024 reflects an 8% increase. The register has no figures for the years 2002, 2003, and 2007 for this street.

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 for Sri Sabari Ayyappan Nagar 1th Cross Street is below this median.

Stamp duty and registration fee for property in Sri Sabari Ayyappan Nagar 1th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total 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, bringing the total cost for these fees to Rs 1,26,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sri Sabari Ayyappan Nagar 1th Cross Street?

The Sri Sabari Ayyappan Nagar 1th Cross 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 in property transactions in Thirumullaivoyal, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. 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 Sri Sabari Ayyappan Nagar 1th Cross Street?

The current guideline value of Sri Sabari Ayyappan Nagar 1th Cross Street 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 1,300 per sq.ft in 2023 to Rs 1,400 per sq.ft in 2024, reflecting an increase of 8%. It was Rs 871 per sq.ft in 2017 and Rs 1,300 per sq.ft in 2012.

What are the other streets with the same guideline value in Thirumullaivoyal?

Other streets in Thirumullaivoyal with the same guideline value of Rs 1,400 per sq.ft in 2024 include Sri Sabari Ayyappan Nagar 2nd, 3rd, and 4th Cross Streets.

What is the registration office for properties in this area?

The registration office covering Sri Sabari Ayyappan Nagar 1th Cross Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is stamp duty calculated for properties in Sri Sabari Ayyappan Nagar 1th Cross Street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 1,400 per sq.ft, the stamp duty would be Rs 98,000.