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Guideline Value

Corporate

Guideline Value for T.N.H.B. Phase I & II (Commercial)

₹3300/sq.ft.

The guideline value for T.n.h.b. Phase I & Ii (commercial) in Ayappakkam village (Ambattur SRO, Chennai zone) is Rs 3300 per sq.ft, effective 1 July 2024. It was Rs 3000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ayappakkam

Village

Ambattur

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹3300 /sq.ft.
From 1-4-2023 ₹3000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2010 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹475 /sq.ft.
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 T.n.h.b. Phase I & Ii (commercial)

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T.N.H.B. Phase I & II (Commercial) guideline value

The current guideline value for T.N.H.B. Phase I & II (Commercial) is Rs 3,300 per sq.ft, effective from 1 July 2024. This property is located in Ayappakkam village under the Ambattur SRO, classified as Commercial Class I Type - I.

How the guideline value of T.N.H.B. Phase I & II (Commercial) has changed

Since the 2003 revision, the guideline value has seen significant changes. In 2003, the value was Rs 475 per sq.ft, which increased to Rs 1,500 per sq.ft in 2007, marking a 216% rise. The value then reached Rs 3,000 per sq.ft in 2012, but this was a decrease of 33% from the previous revision. By 2017, the value was Rs 2,010 per sq.ft, and it increased to Rs 3,000 per sq.ft in 2023, reflecting a 49% growth. The latest revision in 2024 has set the value at Rs 3,300 per sq.ft, a 10% increase from 2023.

It is important to note that there is no figure available for the year 2002 in the register for this street. Overall, from 2003 to 2024, the guideline value has increased by 595%.

Guideline values in Ayappakkam

In Ayappakkam, there are 221 streets under the Ambattur SRO with guideline values ranging from Rs 550 to Rs 4,000 per sq.ft, with a median value of Rs 1,300 per sq.ft. The guideline value for T.N.H.B. Phase I & II (Commercial) is above this median.

Stamp duty and registration fee for property in T.N.H.B. Phase I & II (Commercial)

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value would be Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total fees to Rs 2,97,000. Please note that the 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 further calculations.

Which Sub Registrar Office covers T.N.H.B. Phase I & II (Commercial)?

The Sub Registrar Office that covers T.N.H.B. Phase I & II (Commercial) 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 Ayappakkam

The guideline value is a crucial factor when buying or selling property in Ayappakkam. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair price as per the government regulations.

When registering a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that all transactions are transparent and adhere to the legal framework set by the state.

Frequently asked questions

What is the current guideline value for T.N.H.B. Phase I & II (Commercial)?

The current guideline value for T.N.H.B. Phase I & II (Commercial) is Rs 3,300 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 475 per sq.ft in 2003 to Rs 3,300 per sq.ft in 2024, reflecting an overall increase of 595% over the years.

What are the other streets in Ayappakkam and their guideline values?

Other streets in Ayappakkam include T.N.H.B. Phase I & II (Residence) at Rs 2,700 per sq.ft, Tonakilla Camp Road at Rs 1,300 per sq.ft, and Thiruverkadu Road at Rs 1,600 per sq.ft, among others.

What is the stamp duty for property in T.N.H.B. Phase I & II (Commercial)?

The stamp duty for property in T.N.H.B. Phase I & II (Commercial) is 7% of the guideline value. For a 1,000 sq.ft plot, this amounts to Rs 2,31,000 based on the current guideline value.

Where can I find the Sub Registrar Office for T.N.H.B. Phase I & II (Commercial)?

The Sub Registrar Office for T.N.H.B. Phase I & II (Commercial) is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur- 600 053, Chennai registration zone.