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Guideline Value

Corporate

Guideline Value for Thendral Nagar West 22th Street

₹1600/sq.ft.

The guideline value for Thendral Nagar West 22th Street in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 1600 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 7% change. 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 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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 West 22th Street

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Thendral Nagar West 22th Street guideline value

The current guideline value for Thendral Nagar West 22th 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 West 22th Street has changed

Since the 2012 revision, the guideline value for Thendral Nagar West 22th Street has seen a total increase of 7%, moving from Rs 1,500 per sq.ft in 2012 to Rs 1,600 per sq.ft in 2024. The 2023 revision recorded a guideline value of Rs 1,500 per sq.ft, indicating no change from the previous year. The register has no figures for the years 2002, 2003, 2007, and 2017.

In summary, the guideline value remained at Rs 1,500 per sq.ft from 2012 until the 2023 revision. The increase of 7% from 2023 to 2024 reflects the current value of Rs 1,600 per sq.ft.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO with 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, which means Thendral Nagar West 22th Street's 2024 figure is below that median.

Stamp duty and registration fee for property in Thendral Nagar West 22th Street

For a 1,000 sq.ft plot at the current rate of Rs 1,600 per sq.ft, the guideline value would be Rs 16,00,000. The stamp duty at 7% would amount to Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, totaling Rs 1,44,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thendral Nagar West 22th Street?

The Sub Registrar Office that covers Thendral Nagar West 22th 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 the registration process when buying or selling property in Thirumullaivoyal. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

When a property is registered, the higher value between the guideline value and the sale price is taken into account for duty calculations. This ensures that the transaction is assessed fairly based on the established guideline values in the area.

Frequently asked questions

What is the current guideline value for Thendral Nagar West 22th Street?

The current guideline value for Thendral Nagar West 22th 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 increased from Rs 1,500 per sq.ft in 2012 to Rs 1,600 per sq.ft in 2024, with no change recorded from 2012 to 2023.

What is the land classification for Thendral Nagar West 22th Street?

The land classification for Thendral Nagar West 22th Street is Residential Class III Type - I.

What are the stamp duty and registration fees for property in this area?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 1,44,000, which includes a stamp duty of Rs 1,12,000 and a registration fee of Rs 32,000.

Where is the Sub Registrar Office located?

The Sub Registrar Office covering Thendral Nagar West 22th Street is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.