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Guideline Value

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Guideline Value for Srinivasa Nagar (Nanneri Street)

₹2400/sq.ft.

The guideline value for Srinivasa Nagar (nanneri Street) in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2400 per sq.ft, effective 1 July 2024. It was Rs 2200 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2400 /sq.ft.
From 1-4-2023 ₹2200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1474 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2200 /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 Srinivasa Nagar (nanneri Street)

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Srinivasa Nagar (Nanneri Street) guideline value

The current guideline value of Srinivasa Nagar (Nanneri Street) is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Class I Type - I.

How the guideline value of Srinivasa Nagar (Nanneri Street) has changed

In the 2012 revision, the guideline value was Rs 2,200 per sq.ft. This figure decreased to Rs 1,474 per sq.ft in the 2017 revision, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 2,200 per sq.ft, representing a 49% rise. The latest revision in 2024 shows a further increase to Rs 2,400 per sq.ft, which is a 9% change from the previous year.

The register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 9%.

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. The median value is Rs 2,400 per sq.ft, which aligns with the guideline value of Srinivasa Nagar (Nanneri Street).

Stamp duty and registration fee for property in Srinivasa Nagar (Nanneri Street)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value would be Rs 24,00,000. The stamp duty at 7% would amount to Rs 1,68,000, and the registration fee at 2% would be Rs 48,000. Together, the total fees would be Rs 2,16,000. 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 Srinivasa Nagar (Nanneri Street)?

The Sub Registrar Office covering Srinivasa Nagar (Nanneri Street) 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 when registering property in Thirumullaivoyal. It determines the minimum value at which the property can be registered, ensuring that the transaction is recorded accurately and transparently.

When buying or selling a property, the guideline value helps calculate the applicable stamp duty and registration fees, which are essential for completing the legal transfer of ownership. Buyers should be aware of these costs to budget effectively for their property transactions.

Frequently asked questions

What is the current guideline value of Srinivasa Nagar (Nanneri Street)?

The current guideline value of Srinivasa Nagar (Nanneri Street) is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,200 per sq.ft in 2012 to Rs 1,474 per sq.ft in 2017, then increased to Rs 2,200 per sq.ft in 2023, and finally to Rs 2,400 per sq.ft in 2024.

What is the land classification for Srinivasa Nagar (Nanneri Street)?

Srinivasa Nagar (Nanneri Street) is classified as Residential Class I Type - I.

What are the stamp duty rates for property transactions in this area?

The stamp duty for property transactions in this area is charged at 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Srinivasa Nagar (Nanneri Street)?

The Sub Registrar Office for Srinivasa Nagar (Nanneri Street) is located at Ambattur Sub Registrar Office, Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.