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Guideline Value

Corporate

Guideline Value for Srinivasa Nagar (Vallalar Street)

₹2400/sq.ft.

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

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Srinivasa Nagar (Vallalar Street) guideline value

The current guideline value of Srinivasa Nagar (Vallalar Street) is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village and falls under the Ambattur SRO. The land classification for this area is Residential Class I Type - I.

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

The guideline value for Srinivasa Nagar (Vallalar Street) has seen several revisions over the years. The 2012 revision set the value at Rs 2,200 per sq.ft, which then decreased to Rs 1,474 per sq.ft in the 2017 revision. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value to Rs 2,200 per sq.ft. The most recent revision in 2024 has increased the value to Rs 2,400 per sq.ft, reflecting a 9% rise from the previous year.

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

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO with 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 matches the current guideline value for Srinivasa Nagar (Vallalar Street).

Stamp duty and registration fee for property in Srinivasa Nagar (Vallalar 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, while the registration fee at 2% would be Rs 48,000, bringing the total fees to 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 details.

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

The Sub Registrar Office that covers Srinivasa Nagar (Vallalar 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 plays a crucial role during the registration of property transactions in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of property registration.

When buying or selling property, the guideline value is used to calculate the applicable duties and fees, ensuring compliance with local regulations. This ensures that both buyers and sellers are aware of the financial obligations involved in the transaction.

Frequently asked questions

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

The current guideline value of Srinivasa Nagar (Vallalar 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 2023 to Rs 2,400 per sq.ft in 2024, representing a 9% increase. From 2017 to 2023, it increased by 49% from Rs 1,474 per sq.ft to Rs 2,200 per sq.ft.

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

The land classification for Srinivasa Nagar (Vallalar Street) is Residential Class I Type - I. This classification indicates the nature of the land use in this area.

What are the stamp duty and registration fees for property transactions in this area?

The stamp duty for property transactions in Srinivasa Nagar (Vallalar Street) is 7%, while the registration fee is 2%. For example, for a 1,000 sq.ft plot, the total fees would amount to Rs 2,16,000.

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

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