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Guideline Value

Corporate

Guideline Value for Thendral Nagar West 2nd Street

₹1600/sq.ft.

The guideline value for Thendral Nagar West 2nd 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 ₹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 West 2nd Street

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Thendral Nagar West 2nd Street guideline value

The current guideline value for Thendral Nagar West 2nd Street is Rs 1,600 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Class III Type - I.

How the guideline value of Thendral Nagar West 2nd Street has changed

The guideline value for Thendral Nagar West 2nd Street has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 1,600 per sq.ft, an increase of 7% from the 2023 revision of Rs 1,500 per sq.ft. Prior to that, the 2017 revision recorded a value of Rs 1,005 per sq.ft, marking a significant increase of 49% when compared to the 2023 figure. The 2012 revision had set the value at Rs 1,500 per sq.ft, which was a decrease of 33% from the 2017 figure. The register has no figures for the years 2002, 2003, and 2007 for this street.

Overall, from 2012 to 2024, the guideline value has seen a modest increase of 7%. The 2024 figure of Rs 1,600 per sq.ft remains below the median guideline value of Rs 2,400 per sq.ft for the 975 streets in Thirumullaivoyal under the Ambattur SRO.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, the guideline values range from Rs 880 to Rs 5,500 per sq.ft as of 2024. The following are other streets in Thirumullaivoyal with their respective guideline values:

Stamp duty and registration fee for property in Thendral Nagar West 2nd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,600 per sq.ft, the total 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, bringing the total charges to Rs 1,44,000. 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 more details.

Which Sub Registrar Office covers Thendral Nagar West 2nd Street?

The Sub Registrar Office that covers Thendral Nagar West 2nd 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 an important reference for property transactions in Thirumullaivoyal. It is used to determine the stamp duty and registration fees that buyers and sellers must pay when completing a property transaction.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Thendral Nagar West 2nd Street?

The current guideline value of Thendral Nagar West 2nd 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 2023 to Rs 1,600 per sq.ft in 2024. It was Rs 1,005 per sq.ft in 2017 and Rs 1,500 per sq.ft in 2012.

What is the land classification for Thendral Nagar West 2nd Street?

Thendral Nagar West 2nd Street is classified as Residential Class III Type - I.

Where can I find the Sub Registrar Office for Thendral Nagar West 2nd Street?

The Sub Registrar Office for Thendral Nagar West 2nd 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 stamp duty calculated for properties in Thendral Nagar West 2nd Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, if the guideline value is Rs 16,00,000, the stamp duty at 7% would be Rs 1,12,000.