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Guideline Value

Corporate

Guideline Value for Sri Sabari Ayyappan Nagar

₹1400/sq.ft.

The guideline value for Sri Sabari Ayyappan Nagar 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 ₹200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹180 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹149 /sq.ft.
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

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Sri Sabari Ayyappan Nagar guideline value

The current guideline value of Sri Sabari Ayyappan Nagar is Rs 1,400 per sq.ft, effective from 1 July 2024. This area is located in Thirumullaivoyal village and falls under the Ambattur SRO. The land classification for this street is Residential Class III Type - III.

How the guideline value of Sri Sabari Ayyappan Nagar has changed

The guideline value of Sri Sabari Ayyappan Nagar has seen several revisions over the years. In 2002, the guideline value was Rs 149 per sq.ft. This increased to Rs 180 per sq.ft in 2003, marking a rise of 21%. The value further increased to Rs 200 per sq.ft in 2007, which was an 11% increase. A significant jump occurred in 2012, where the guideline value reached Rs 1,300 per sq.ft, reflecting a 550% increase from 2007. However, this value dropped to Rs 871 per sq.ft in 2017, a decrease of 33%. The guideline value then rose to Rs 1,300 per sq.ft in 2023, before reaching the current figure of Rs 1,400 per sq.ft in 2024, an 8% increase.

Overall, from 2002 to 2024, the guideline value has increased by 840%. The register has no figures for the years not mentioned in this summary.

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. The median guideline value for these streets is Rs 2,400 per sq.ft, indicating that the guideline value of Sri Sabari Ayyappan Nagar is below the median.

Stamp duty and registration fee for property in Sri Sabari Ayyappan Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total guideline value would be Rs 14,00,000. The stamp duty at 7% would amount to Rs 98,000, and the registration fee at 2% would be Rs 28,000. Together, the total fees would be 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 more details.

Which Sub Registrar Office covers Sri Sabari Ayyappan Nagar?

The Sub Registrar Office that covers Sri Sabari Ayyappan 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 is a crucial factor in the registration process when buying or selling property in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction. Buyers and sellers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

Understanding the guideline value helps in ensuring compliance with local regulations and avoiding any potential legal issues during property transactions. It is advisable to consult with the relevant authorities or professionals to ensure that all necessary fees are accurately calculated and paid.

Frequently asked questions

What is the current guideline value of Sri Sabari Ayyappan Nagar?

The current guideline value of Sri Sabari Ayyappan Nagar 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 significantly from Rs 149 per sq.ft in 2002 to Rs 1,400 per sq.ft in 2024, with various increases and decreases in between.

What is the land classification for Sri Sabari Ayyappan Nagar?

Sri Sabari Ayyappan Nagar is classified as Residential Class III Type - III.

Where can I find the Sub Registrar Office for Sri Sabari Ayyappan Nagar?

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

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the total fees would be Rs 1,26,000.