Guideline Value

Corporate

Guideline Value for Teachers Colony 4th Street

₹2800/sq.ft.

The guideline value for Teachers Colony 4th Street 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 4th Street

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Teachers Colony 4th Street guideline value

The current guideline value of Teachers Colony 4th Street is Rs 2,800 per sq.ft, effective from 1 July 2024. This street is located in Ambattur village, under the Ambattur SRO, and is classified as Residential Class II Type - II.

How the guideline value of Teachers Colony 4th Street has changed

The guideline value for Teachers Colony 4th Street has undergone several revisions over the years. The 2012 revision set the value at Rs 2,600 per sq.ft, which was followed by a decrease to Rs 1,742 per sq.ft in the 2017 revision. The 2023 revision increased the value to Rs 2,600 per sq.ft, and the most recent 2024 revision raised it further to Rs 2,800 per sq.ft.

From 2017 to 2023, the guideline value increased by 49%. However, there was a decrease of 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by 8%. The register has no 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 of Teachers Colony 4th Street is below this median.

Stamp duty and registration fee for property in Teachers Colony 4th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,800 per sq.ft, the total guideline value would be Rs 28,00,000. The stamp duty at 7% would amount to Rs 1,96,000, and the registration fee at 2% would be Rs 56,000, making the total cost Rs 2,52,000. 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 more details.

Which Sub Registrar Office covers Teachers Colony 4th Street?

The Sub Registrar Office that covers Teachers Colony 4th Street 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 an essential factor in the registration process when buying or selling property in Ambattur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the stamp duty is calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Teachers Colony 4th Street?

The current guideline value of Teachers Colony 4th Street 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%. It was Rs 1,742 per sq.ft in 2017 and Rs 2,600 per sq.ft in 2012.

What is the land classification for Teachers Colony 4th Street?

Teachers Colony 4th Street is classified as Residential Class II Type - II under the guideline value register.

Where can I find the registration office for Teachers Colony 4th Street?

The registration office for Teachers Colony 4th Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is the stamp duty calculated for properties in Ambattur?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. This ensures that the correct amount is collected during the registration process.