Guideline Value

Corporate

Guideline Value for T.T.K.Nagar 1-st Main Road

₹2200/sq.ft.

The guideline value for T.t.k.nagar 1-st Main Road in Irumpuliyur village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Irumpuliyur

Village

Tambaram Joint 1

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
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)

No.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on T.t.k.nagar 1-st Main Road

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T.T.K.Nagar 1-st Main Road guideline value

The current guideline value of T.T.K.Nagar 1-st Main Road is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Irumpuliyur village under the Tambaram Joint 1 SRO, classified as Residential Special Type - II.

How the guideline value of T.T.K.Nagar 1-st Main Road has changed

The guideline value for T.T.K.Nagar 1-st Main Road has undergone several revisions over the years. The earliest recorded figure is from 2007, where the value was Rs 500 per sq.ft. This increased significantly to Rs 2,000 per sq.ft in 2012, marking a 300% increase. However, in 2017, the value dropped to Rs 1,340 per sq.ft, a decrease of 33%. The value then rose to Rs 2,000 per sq.ft in 2023, and most recently, it has increased by 10% to Rs 2,200 per sq.ft in 2024.

From 2017 to 2023, the guideline value saw a notable increase of 49%. Overall, from 2007 to 2024, the guideline value has increased by 340%. It is important to note that the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Irumpuliyur

In Irumpuliyur, there are 218 streets under the Tambaram Joint 1 SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 6,600 per sq.ft, with the median value being Rs 2,200 per sq.ft. The guideline value for T.T.K.Nagar 1-st Main Road matches this median value.

Stamp duty and registration fee for property in T.T.K.Nagar 1-st Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, making the total cost Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can also use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers T.T.K.Nagar 1-st Main Road?

The Sub Registrar Office that covers T.T.K.Nagar 1-st Main Road is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Irumpuliyur

The guideline value plays a crucial role in the registration process of property transactions in Irumpuliyur. It serves as the basis for calculating stamp duty and registration fees, ensuring that the government receives appropriate revenue from property sales.

When buying or selling property, the guideline value is compared to the sale price, and the higher amount is used to determine the applicable fees. This ensures transparency and fairness in property transactions within the region.

Frequently asked questions

What is the current guideline value of T.T.K.Nagar 1-st Main Road?

The current guideline value of T.T.K.Nagar 1-st Main Road is Rs 2,200 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 500 per sq.ft in 2007 to Rs 2,200 per sq.ft in 2024, reflecting an overall increase of 340% over the years.

What is the role of the guideline value in property transactions?

The guideline value is used to calculate stamp duty and registration fees during property transactions. It is compared to the sale price, and the higher amount is used for fee calculations.

Where can I find the Sub Registrar Office for T.T.K.Nagar 1-st Main Road?

The Sub Registrar Office for T.T.K.Nagar 1-st Main Road is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.

What are the guideline values of other streets in Irumpuliyur?

Other streets in Irumpuliyur have varying guideline values, with rates ranging from Rs 880 to Rs 6,600 per sq.ft. For example, T.T.K. Nagar 1st Cross Street and T.T.K. Nagar 2nd Cross Street both have a guideline value of Rs 2,530 per sq.ft in 2024.