Guideline Value for Thendral Nagar East 12th Street
₹1600/sq.ft.
The guideline value for Thendral Nagar East 12th Street in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 1600 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.
Last updated:
Chennai
Zone
Thirumullaivoyal
Village
Ambattur
SRO
Residential Class III Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1600 /sq.ft. |
| From 1-4-2023 | N/A |
| From 9-6-2017 To 31-3-2023 | ₹1005 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1500 /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 Thendral Nagar East 12th Street
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Ambattur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Thendral Nagar East 12th Street guideline value
The current guideline value of Thendral Nagar East 12th Street is Rs 1,600 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village and falls under the Ambattur SRO. The land classification for this area is Residential Class III Type - I.
How the guideline value of Thendral Nagar East 12th Street has changed
In the 2012 revision, the guideline value was set at Rs 1,500 per sq.ft. This was followed by a decrease to Rs 1,005 per sq.ft in the 2017 revision, marking a decline of 33%. However, the most recent 2024 revision shows a significant increase to Rs 1,600 per sq.ft, representing a rise of 59% from 2017. Overall, from 2012 to 2024, the guideline value has increased by 7%.
It is important to note that there are no figures available for the revisions in 2023, 2007, 2003, and 2002 for this street. This lack of data means that the changes in guideline value for those years cannot be assessed.
Guideline values in Thirumullaivoyal
In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value for these streets is Rs 2,400 per sq.ft, indicating that the 2024 figure for Thendral Nagar East 12th Street is below this median.
- Thendral Nagar East 11th Street: Rs 1,600 per sq.ft (2024)
- Thendral Nagar East 13th Street: Rs 1,600 per sq.ft (2024)
- Thendral Nagar East 10th Street: Rs 1,600 per sq.ft (2024)
- Thendral Nagar East 14th Street: Rs 1,600 per sq.ft (2024)
- Thendral Nagar East 15th Street: Rs 1,600 per sq.ft (2024)
- Thendral Nagar East 16th Street: Rs 1,600 per sq.ft (2024)
Stamp duty and registration fee for property in Thendral Nagar East 12th Street
For a 1,000 sq.ft plot at the current guideline value of Rs 1,600 per sq.ft, the total guideline value amounts to Rs 16,00,000. The stamp duty at 7% would be Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, bringing the total fees to Rs 1,44,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
You can use the stamp duty and registration fee calculator for precise calculations based on your specific property details.
Which Sub Registrar Office covers Thendral Nagar East 12th Street?
The Sub Registrar Office that covers Thendral Nagar East 12th 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 Thirumullaivoyal
The guideline value is a crucial factor in property transactions in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices to ensure compliance with registration requirements.
When registering a property, the stamp duty and registration fees are 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.
Frequently asked questions
What is the current guideline value of Thendral Nagar East 12th Street?
The current guideline value of Thendral Nagar East 12th Street is Rs 1,600 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017, and then to Rs 1,600 per sq.ft in 2024. This represents a decrease of 33% from 2012 to 2017, followed by a 59% increase from 2017 to 2024.
What are the guideline values of other streets in Thirumullaivoyal?
Other streets in Thirumullaivoyal have a guideline value of Rs 1,600 per sq.ft in 2024, similar to Thendral Nagar East 12th Street. These include Thendral Nagar East 11th, 13th, 10th, 14th, 15th, and 16th Streets.
What are the stamp duty and registration fees for properties in this area?
For a property valued at Rs 16,00,000, the stamp duty would be Rs 1,12,000 and the registration fee would be Rs 32,000, totaling Rs 1,44,000. The duty is charged on the higher of the guideline value or the sale price.
Which office handles property registrations for Thendral Nagar East 12th Street?
The Ambattur Sub Registrar Office handles property registrations for Thendral Nagar East 12th Street. The office is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.
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