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Guideline Value

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Guideline Value for Sri Sabari Ayyappan Nagar 2nd Cross Street

₹1400/sq.ft.

The guideline value for Sri Sabari Ayyappan Nagar 2nd 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 2nd Cross Street

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Sri Sabari Ayyappan Nagar 2nd Cross Street guideline value

The current guideline value of Sri Sabari Ayyappan Nagar 2nd 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, classified as Residential Class III Type - III.

How the guideline value of Sri Sabari Ayyappan Nagar 2nd Cross Street has changed

The guideline value for Sri Sabari Ayyappan Nagar 2nd Cross Street has seen several revisions over the years. The 2012 revision set the value at Rs 1,300 per sq.ft, which decreased to Rs 871 per sq.ft in 2017. Following this, the value increased significantly to Rs 1,300 per sq.ft in 2023, and then rose again to Rs 1,400 per sq.ft in 2024, marking an 8% increase from the previous year.

From 2017 to 2023, the value rose by 49%, while the overall change from 2012 to 2024 reflects an increase of 8%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thirumullaivoyal

Thirumullaivoyal has a total of 975 streets under the Ambattur SRO, with guideline values 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 Sri Sabari Ayyappan Nagar 2nd Cross Street below this median.

Stamp duty and registration fee for property in Sri Sabari Ayyappan Nagar 2nd 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 fees to Rs 1,26,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Sri Sabari Ayyappan Nagar 2nd Cross Street?

The Sri Sabari Ayyappan Nagar 2nd Cross Street falls under the jurisdiction of the Ambattur Sub Registrar Office. The office is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai. You can find your SRO for more details.

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 benchmark for determining the minimum value at which properties can be registered, ensuring that the transaction is recorded accurately in the official register.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are essential for the legal transfer of property ownership. Buyers should be aware of the guideline value applicable to their property to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Sri Sabari Ayyappan Nagar 2nd Cross Street?

The current guideline value of Sri Sabari Ayyappan Nagar 2nd 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, marking an 8% increase. It was Rs 871 per sq.ft in 2017 and Rs 1,300 per sq.ft in 2012, showing fluctuations over the years.

What is the land classification of Sri Sabari Ayyappan Nagar 2nd Cross Street?

Sri Sabari Ayyappan Nagar 2nd Cross Street is classified as Residential Class III Type - III, indicating its suitability for residential purposes.

Where can I find the registration office for properties in this area?

The registration office for properties in Sri Sabari Ayyappan Nagar 2nd Cross Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai.

How is the stamp duty calculated for properties in Thirumullaivoyal?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 14,00,000, the stamp duty would be Rs 98,000 at 7%.