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Guideline Value

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Guideline Value for Srinivasa Nagar (Ragavan Street)

₹2400/sq.ft.

The guideline value for Srinivasa Nagar (ragavan 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 (ragavan Street)

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Srinivasa Nagar (Ragavan Street) guideline value

The current guideline value of Srinivasa Nagar (Ragavan Street) is Rs 2,400 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 I Type - I.

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

In the 2012 revision, the guideline value was Rs 2,200 per sq.ft. This figure remained until the 2017 revision, where it decreased to Rs 1,474 per sq.ft, marking a decline of 33%. The value then increased significantly to Rs 2,200 per sq.ft in 2023, and further rose to the current rate of Rs 2,400 per sq.ft in the 2024 revision, reflecting a 9% increase.

Overall, from 2012 to 2024, the guideline value has seen a net increase of 9%. The revisions for the years 2002, 2003, and 2007 do not have any figures recorded for this street.

Guideline values in Thirumullaivoyal

Thirumullaivoyal village has a total of 975 streets under the Ambattur SRO with a 2024 guideline value range from Rs 880 to Rs 5,500 per sq.ft. The median guideline value for these streets is Rs 2,400 per sq.ft, which is equal to the current figure for Srinivasa Nagar (Ragavan Street).

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

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value amounts to Rs 24,00,000. The stamp duty at 7% would be Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, making the total fees Rs 2,16,000. 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 information on fees.

Which Sub Registrar Office covers Srinivasa Nagar (Ragavan Street)?

The Sub Registrar Office that covers Srinivasa Nagar (Ragavan Street) is 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 Thirumullaivoyal

The guideline value plays a crucial role in the registration process of property transactions in Thirumullaivoyal. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable fees. This ensures that the transaction is recorded accurately and in accordance with the regulations set by the Registration Department.

Frequently asked questions

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

The current guideline value of Srinivasa Nagar (Ragavan 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 back 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 of Srinivasa Nagar (Ragavan Street)?

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

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

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

How is the stamp duty calculated for properties in Srinivasa Nagar (Ragavan Street)?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 24,00,000, the stamp duty would be Rs 1,68,000 at 7%.