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Guideline Value

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Guideline Value for THUYARANKATHA VINAYAGAR KOIL STR EET

₹330/sq.ft.

The guideline value for Thuyarankatha Vinayagar Koil Str Eet in Nanthiambakkam village (Thiruvottiyur SRO, Chennai zone) is Rs 330 per sq.ft, effective 1 July 2024. It was Rs 300 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:

Chennai

Zone

Nanthiambakkam

Village

Thiruvottiyur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹330 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹300 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹50 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹35 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹30 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019
044-25992232
[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 Thuyarankatha Vinayagar Koil Str Eet

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Thuyarankatha Vinayagar Koil Str Eet guideline value

The current guideline value of Thuyarankatha Vinayagar Koil Str Eet is Rs 330 per sq.ft. This street is located in Nanthiambakkam village, under the jurisdiction of the Thiruvottiyur SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Thuyarankatha Vinayagar Koil Str Eet has changed

The guideline value for Thuyarankatha Vinayagar Koil Str Eet has undergone several revisions over the years. Starting from the 2002 revision, the values were Rs 30 per sq.ft, followed by Rs 35 per sq.ft in 2003. In 2007, the value increased significantly to Rs 50 per sq.ft, and then saw a substantial jump to Rs 300 per sq.ft in 2012. However, the value dropped to Rs 201 per sq.ft in 2017 before rising to Rs 300 per sq.ft in 2023. The latest revision in 2024 set the value at Rs 330 per sq.ft.

Looking at the changes, from 2012 to 2017, there was a decrease of 33%. This was followed by a notable increase of 49% from 2017 to 2023. The jump from 2007 to 2012 was a remarkable 500%, and from 2003 to 2007, there was an increase of 43%. Overall, from 2002 to 2024, the guideline value has increased by 1000%.

Guideline values in Nanthiambakkam

In Nanthiambakkam, there are 85 streets under the Thiruvottiyur SRO that carry a 2024 guideline value ranging from Rs 275 to Rs 770 per sq.ft. The median value for these streets is Rs 330 per sq.ft, which is equal to the guideline value of Thuyarankatha Vinayagar Koil Str Eet.

Stamp duty and registration fee for property in Thuyarankatha Vinayagar Koil Str Eet

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value amounts to Rs 3,30,000. The stamp duty at 7% would be Rs 23,100, and the registration fee at 2% would be Rs 6,600. Together, the total fees would be Rs 29,700. It is important to 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 more information.

Which Sub Registrar Office covers Thuyarankatha Vinayagar Koil Str Eet?

The Thiruvottiyur Sub Registrar Office covers Thuyarankatha Vinayagar Koil Str Eet. The address is 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can find your SRO for more details.

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

The guideline value is a critical factor in property transactions in Nanthiambakkam. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property. The guideline value reflects the minimum price at which a property can be registered, ensuring that the government receives appropriate revenue from property transactions.

When selling property, the guideline value can influence the pricing strategy. Sellers should be aware of the current guideline value to ensure that they are pricing their property competitively within the market. It is advisable to consult the guideline value register for the most accurate and up-to-date information.

Frequently asked questions

What is the current guideline value of Thuyarankatha Vinayagar Koil Str Eet?

The current guideline value of Thuyarankatha Vinayagar Koil Str Eet is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, starting from Rs 30 per sq.ft in 2002 to Rs 330 per sq.ft in 2024. Notable changes include a significant increase from Rs 50 per sq.ft in 2007 to Rs 300 per sq.ft in 2012.

What is the land classification for Thuyarankatha Vinayagar Koil Str Eet?

The land classification for Thuyarankatha Vinayagar Koil Str Eet is Residential Special Type - II.

Where can I find the Sub Registrar Office for this street?

The Thiruvottiyur Sub Registrar Office is located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.

How is the stamp duty calculated for property in Thuyarankatha Vinayagar Koil Str Eet?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For a guideline value of Rs 3,30,000, the stamp duty would be Rs 23,100.