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Guideline Value

Corporate

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

₹3600/sq.ft.

The guideline value for T.n.h.b. Phase I & Ii (residence) in Ambattur village (Ambattur SRO, Chennai zone) is Rs 3600 per sq.ft, effective 1 July 2024. It was Rs 3300 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

Ambattur

Village

Ambattur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹3600 /sq.ft.
From 1-4-2023 ₹3300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2211 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3300 /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 T.n.h.b. Phase I & Ii (residence)

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

The current guideline value for T.N.H.B. Phase I & II (Residence) is Rs 3,600 per sq.ft, effective from 1 July 2024. This property is located in Ambattur village, under the Ambattur SRO, and is classified as Residential Class I Type - I.

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

The guideline value for T.N.H.B. Phase I & II (Residence) has undergone several revisions over the years. The 2012 revision set the guideline value at Rs 3,300 per sq.ft, which then decreased to Rs 2,211 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 3,300 per sq.ft in the 2023 revision before reaching the current value of Rs 3,600 per sq.ft in the 2024 revision.

In terms of percentage changes, the guideline value rose by 49% from 2017 to 2023 and increased by 9% from 2023 to 2024. Overall, from 2012 to 2024, the guideline value has increased by 9%. The register does not contain figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Ambattur

In Ambattur, there are 448 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 1,400 to Rs 8,209 per sq.ft, with a median value of Rs 3,600 per sq.ft. The guideline value for T.N.H.B. Phase I & II (Residence) aligns with this median value.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 3,600 per sq.ft, the total guideline value amounts to Rs 36,00,000. The stamp duty at 7% would be Rs 2,52,000, and the registration fee at 2% would be Rs 72,000, leading to a total of Rs 3,24,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further assistance.

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

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

The guideline value is a crucial factor during property transactions in Ambattur, as it determines the minimum value at which a property can be registered. Buyers and sellers must be aware that this value is used to calculate applicable stamp duties and registration fees, which are mandatory for legal property transactions.

When a property is sold, the guideline value serves as a benchmark for the transaction. If the sale price is higher than the guideline value, the stamp duty will be calculated based on 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 T.N.H.B. Phase I & II (Residence)?

The current guideline value for T.N.H.B. Phase I & II (Residence) is Rs 3,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,300 per sq.ft in 2023 to Rs 3,600 per sq.ft in 2024, representing a 9% increase. It was Rs 2,211 per sq.ft in 2017, which was a 49% increase from the previous revision in 2023.

What is the land classification for T.N.H.B. Phase I & II (Residence)?

T.N.H.B. Phase I & II (Residence) is classified as Residential Class I Type - I.

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

The Sub Registrar Office for T.N.H.B. Phase I & II (Residence) 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 T.N.H.B. Phase I & II (Residence)?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 36,00,000, the stamp duty at 7% would be Rs 2,52,000.