Guideline Value for T.T.K.Nagar 2-nd Main Road

₹2200/sq.ft.

The guideline value for T.t.k.nagar 2-nd 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 2-nd Main Road

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T.T.K.Nagar 2-nd Main Road guideline value

The current guideline value of T.T.K.Nagar 2-nd 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 2-nd Main Road has changed

The guideline value for T.T.K.Nagar 2-nd Main Road has undergone several revisions over the years. The 2007 revision set the value at Rs 500 per sq.ft, which increased significantly to Rs 2,000 per sq.ft in the 2012 revision, marking a 300% rise. However, it then decreased to Rs 1,340 per sq.ft in the 2017 revision, reflecting a drop of 33%. The subsequent revision in 2023 raised the value to Rs 2,000 per sq.ft, and the latest revision in 2024 has set it at Rs 2,200 per sq.ft, indicating a 10% increase from the previous year.

From the 2017 revision to the 2023 revision, the increase was substantial at 49%. Overall, from the 2007 revision to the current 2024 figure, the guideline value has increased by 340%. It is important to note that there are no figures available for the revisions in 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. The median value is Rs 2,200 per sq.ft, which is equal to the guideline value of T.T.K.Nagar 2-nd Main Road.

Stamp duty and registration fee for property in T.T.K.Nagar 2-nd 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, bringing the total to Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers T.T.K.Nagar 2-nd Main Road?

The Sub Registrar Office that covers T.T.K.Nagar 2-nd 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. When a property is bought or sold, the guideline value is used to determine the stamp duty and registration fees, ensuring that these costs are calculated based on the official value set by the government.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the financial obligations during the registration process. Understanding these values can help in making informed decisions regarding property transactions.

Frequently asked questions

What is the current guideline value of T.T.K.Nagar 2-nd Main Road?

The current guideline value of T.T.K.Nagar 2-nd 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 from Rs 500 per sq.ft in 2007 to Rs 2,200 per sq.ft in 2024, reflecting a total increase of 340% over the years.

What are the stamp duty and registration fees for properties in T.T.K.Nagar 2-nd Main Road?

For a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000 and the registration fee would be Rs 44,000, totaling Rs 1,98,000.

Which Sub Registrar Office is responsible for T.T.K.Nagar 2-nd Main Road?

The Tambaram Joint 1 Sub Registrar Office is responsible for T.T.K.Nagar 2-nd Main Road, located at No.26, Mes Road, East Tambaram, Chennai-600059.

What is the land classification for T.T.K.Nagar 2-nd Main Road?

The land classification for T.T.K.Nagar 2-nd Main Road is Residential Special Type - II.