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Guideline Value

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Guideline Value for Thendral Nagar vanarani Street

₹1600/sq.ft.

The guideline value for Thendral Nagar Vanarani 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 ₹200 /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)

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 Vanarani Street

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Thendral Nagar vanarani Street guideline value

The current guideline value of Thendral Nagar vanarani 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 vanarani Street has changed

The guideline value for Thendral Nagar vanarani Street has seen several changes over the years. In 2007, the value was Rs 200 per sq.ft, which increased significantly to Rs 1,500 per sq.ft in both the 2012 and 2023 revisions. The latest revision in 2024 raised the value to Rs 1,600 per sq.ft, marking a 7% increase from the previous year.

Notably, there are no figures available for the revisions in 2002, 2003, and 2017 for this street. Overall, from 2007 to 2024, the guideline value has increased by 700%.

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 in this area is Rs 2,400 per sq.ft, indicating that Thendral Nagar vanarani Street's 2024 figure is below this median.

Stamp duty and registration fee for property in Thendral Nagar vanarani 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 to Rs 1,44,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thendral Nagar vanarani Street?

The Sub Registrar Office that covers Thendral Nagar vanarani Street is the Ambattur Sub Registrar Office. The address is 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 plays a crucial role when buying or selling property in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees applicable during the registration process. Buyers and sellers must be aware of the guideline value to ensure they comply with the legal requirements during property transactions.

When a property is sold, the guideline value is used to calculate the applicable taxes and fees. It is essential to understand that these charges are based on the higher of the guideline value or the sale price, ensuring that the state government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Thendral Nagar vanarani Street?

The current guideline value of Thendral Nagar vanarani 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 200 per sq.ft in 2007 to Rs 1,600 per sq.ft in 2024, marking an overall increase of 700%. The value remained at Rs 1,500 per sq.ft in both 2012 and 2023.

What is the stamp duty for property in Thendral Nagar vanarani Street?

The stamp duty for a property in Thendral Nagar vanarani Street is 7% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot at the current rate, the stamp duty would be Rs 1,12,000.

Where can I find the Sub Registrar Office for Thendral Nagar vanarani Street?

The Sub Registrar Office for Thendral Nagar vanarani Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What is the median guideline value in Thirumullaivoyal?

The median guideline value in Thirumullaivoyal is Rs 2,400 per sq.ft. Thendral Nagar vanarani Street's 2024 figure of Rs 1,600 per sq.ft is below this median.