Guideline Value

Corporate

Guideline Value for Teachers Colony 1st Main Road

₹2800/sq.ft.

The guideline value for Teachers Colony 1st Main Road in Ambattur village (Ambattur SRO, Chennai zone) is Rs 2800 per sq.ft, effective 1 July 2024. It was Rs 2600 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ambattur

Village

Ambattur

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹2800 /sq.ft.
From 1-4-2023 ₹2600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1742 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2600 /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 Teachers Colony 1st Main Road

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Teachers Colony 1st Main Road guideline value

The current guideline value of Teachers Colony 1st Main Road is Rs 2,800 per sq.ft, effective from 1 July 2024. This road is located in Ambattur village and falls under the Ambattur SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Teachers Colony 1st Main Road has changed

The guideline value for Teachers Colony 1st Main Road has seen several revisions over the years. In 2012, the value was Rs 2,600 per sq.ft, which decreased to Rs 1,742 per sq.ft in 2017. Following this, the value increased significantly to Rs 2,600 per sq.ft in 2023, and further rose to Rs 2,800 per sq.ft in 2024, marking an increase of 8% from the previous year.

From 2017 to 2023, there was a notable increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 8%. It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Ambattur

In Ambattur, there are 448 streets under the Ambattur SRO with a 2024 guideline value ranging from Rs 1,400 to Rs 8,209 per sq.ft. The median value for these streets is Rs 3,600 per sq.ft, placing the 2024 guideline value of Teachers Colony 1st Main Road below this median.

Stamp duty and registration fee for property in Teachers Colony 1st Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,800 per sq.ft, the total guideline value amounts to Rs 28,00,000. The stamp duty at 7% would be Rs 1,96,000, and the registration fee at 2% would be Rs 56,000, bringing the total fees to Rs 2,52,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Teachers Colony 1st Main Road?

The Sub Registrar Office that covers Teachers Colony 1st Main Road 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 details.

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

The guideline value is a critical factor during the registration process when buying or selling property in Ambattur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring that the transaction is recorded accurately in the official records.

Frequently asked questions

What is the current guideline value of Teachers Colony 1st Main Road?

The current guideline value of Teachers Colony 1st Main Road is Rs 2,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,600 per sq.ft in 2023 to Rs 2,800 per sq.ft in 2024, an increase of 8%. From 2017 to 2023, it rose by 49% from Rs 1,742 per sq.ft to Rs 2,600 per sq.ft.

What is the land classification for Teachers Colony 1st Main Road?

The land classification for Teachers Colony 1st Main Road is Residential Class II Type - II.

What are the stamp duty and registration fees for property here?

For a 1,000 sq.ft plot, the total guideline value is Rs 28,00,000, with stamp duty at 7% amounting to Rs 1,96,000 and a registration fee at 2% totaling Rs 56,000, leading to total fees of Rs 2,52,000.

Which office handles registrations for this area?

The Ambattur Sub Registrar Office handles registrations for Teachers Colony 1st Main Road, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur - 600 053, Chennai registration zone.