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Guideline Value

Corporate

Guideline Value for Sri. Seetha Pattabi Nagar Annex

₹1700/sq.ft.

The guideline value for Sri. Seetha Pattabi Nagar Annex in Ayappakkam village (Ambattur SRO, Chennai zone) is Rs 1700 per sq.ft, effective 1 July 2024. It was Rs 1600 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ayappakkam

Village

Ambattur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1700 /sq.ft.
From 1-4-2023 ₹1600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1072 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1600 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹800 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 ₹92 /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. Seetha Pattabi Nagar Annex

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Sri. Seetha Pattabi Nagar Annex guideline value

The current guideline value for Sri. Seetha Pattabi Nagar Annex is Rs 1,700 per sq.ft, effective from 1 July 2024. This area is located in Ayappakkam village under the Ambattur Sub Registrar Office (SRO). The land classification is Residential Special Type - II.

How the guideline value of Sri. Seetha Pattabi Nagar Annex has changed

The guideline value for Sri. Seetha Pattabi Nagar Annex has undergone several revisions over the years. In 2002, the guideline value was Rs 92 per sq.ft, which saw a significant increase to Rs 800 per sq.ft in 2007. Following this, the value doubled to Rs 1,600 per sq.ft in 2012, before dropping to Rs 1,072 per sq.ft in 2017. The value then rose sharply to Rs 1,600 per sq.ft in 2023, and currently stands at Rs 1,700 per sq.ft as per the 2024 revision. The register has no figure for this street in 2003.

In terms of percentage changes, from 2002 to 2007, the increase was 770%. The value then increased by 100% from 2007 to 2012, followed by a decrease of 33% from 2012 to 2017. From 2017 to 2023, the value increased by 49%, and from 2023 to 2024, it rose by 6%. Overall, from 2002 to 2024, the guideline value has increased by 1,748%.

Guideline values in Ayappakkam

Ayappakkam village has a total of 221 streets under the Ambattur SRO, with guideline values ranging from Rs 550 to Rs 4,000 per sq.ft. The median guideline value in this area is Rs 1,300 per sq.ft, making the current value of Sri. Seetha Pattabi Nagar Annex above the median.

Stamp duty and registration fee for property in Sri. Seetha Pattabi Nagar Annex

For a 1,000 sq.ft plot at the current guideline value of Rs 1,700 per sq.ft, the total guideline value would be Rs 17,00,000. The stamp duty at 7% would amount to Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, bringing the total fees to Rs 1,53,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri. Seetha Pattabi Nagar Annex?

Sri. Seetha Pattabi Nagar Annex falls under the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. To find your SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Ayappakkam

The guideline value is an important factor in the registration process when buying or selling property in Ayappakkam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, which are charged based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Sri. Seetha Pattabi Nagar Annex?

The current guideline value for Sri. Seetha Pattabi Nagar Annex is Rs 1,700 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2002?

Since 2002, the guideline value has increased by a total of 1,748%, rising from Rs 92 per sq.ft to Rs 1,700 per sq.ft in 2024.

What are the other streets in Ayappakkam with similar guideline values?

Other streets in Ayappakkam with similar guideline values include Sri. Seetha Pattabi Nagar, Srinivasa Perumal Koil Street, and Subramaniar street, all valued at Rs 1,700 per sq.ft in 2024.

Where can I find the Ambattur Sub Registrar Office?

The Ambattur Sub Registrar Office is 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. Seetha Pattabi Nagar Annex?

Stamp duty for properties in Sri. Seetha Pattabi Nagar Annex is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 17,00,000, the stamp duty would be Rs 1,19,000 at 7%.