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Guideline Value

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Guideline Value for Thamirabarani Street(GANGA NAGAR)

₹3300/sq.ft.

The guideline value for Thamirabarani Street(ganga Nagar) in Moovarasampattu village (Alandur SRO, Chennai zone) is Rs 3300 per sq.ft, effective 1 July 2024. It was Rs 3000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Moovarasampattu

Village

Alandur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹3300 /sq.ft.
From 1-4-2023 ₹3000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2010 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹650 /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)

12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061
044-22240222
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Thamirabarani Street(ganga Nagar)

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Thamirabarani Street(GANGA NAGAR) guideline value

The current guideline value of Thamirabarani Street(GANGA NAGAR) is Rs 3,300 per sq.ft, effective from 1 July 2024. This street is located in Moovarasampattu village under the Alandur SRO, classified as Residential Class I Type - I.

How the guideline value of Thamirabarani Street(GANGA NAGAR) has changed

The guideline value for Thamirabarani Street(GANGA NAGAR) has seen significant changes over the years. The 2007 revision recorded a value of Rs 650 per sq.ft, which increased dramatically to Rs 3,000 per sq.ft in 2012, marking a rise of 362%. However, the value then decreased to Rs 2,010 per sq.ft in 2017, reflecting a drop of 33%. The following revision in 2023 saw an increase to Rs 3,000 per sq.ft, and the most recent revision in 2024 set the current guideline value at Rs 3,300 per sq.ft, which is a 10% increase.

There are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 408%.

Guideline values in Moovarasampattu

In Moovarasampattu, there are 68 streets under the Alandur SRO that have a 2024 guideline value ranging from Rs 1,700 to Rs 5,500 per sq.ft, with a median value of Rs 3,300 per sq.ft. Thamirabarani Street(GANGA NAGAR) aligns with this median value at Rs 3,300 per sq.ft.

Stamp duty and registration fee for property in Thamirabarani Street(GANGA NAGAR)

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value would be Rs 33,00,000. The stamp duty at 7% would amount to Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total fees together to Rs 2,97,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thamirabarani Street(GANGA NAGAR)?

The Sub Registrar Office covering Thamirabarani Street(GANGA NAGAR) is the Alandur Sub Registrar Office, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration process of property transactions in Moovarasampattu. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair value.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees, which are essential for the legal transfer of ownership. Buyers should be aware that these costs are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Thamirabarani Street(GANGA NAGAR)?

The current guideline value of Thamirabarani Street(GANGA NAGAR) is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, starting from Rs 650 per sq.ft in 2007 to Rs 3,300 per sq.ft in 2024, marking an overall increase of 408%.

What is the stamp duty rate for properties in Thamirabarani Street(GANGA NAGAR)?

The stamp duty rate for properties in Thamirabarani Street(GANGA NAGAR) is 7% of the guideline value or the sale price, whichever is higher.

Where is the Alandur Sub Registrar Office located?

The Alandur Sub Registrar Office is located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061.

What are the other streets in Moovarasampattu with the same guideline value?

Other streets in Moovarasampattu with the same guideline value of Rs 3,300 per sq.ft include Sri Venkateshwara Nagar, Thungapathira Street(GANGA NAGAR), Vaigai Street(GANGA NAGAR), Sindhu Street(GANGA NAGAR), Yamunai Street(GANGA NAGAR), and Yerikkarai Street.