Guideline Value

Corporate

Guideline Value for Thilagar Street(A.K.A. nagar)

₹1400/sq.ft.

The guideline value for Thilagar Street(a.k.a. Nagar) in Oragadam village (Ambattur SRO, Chennai zone) is Rs 1400 per sq.ft, effective 1 July 2024. It was Rs 1300 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Oragadam

Village

Ambattur

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1400 /sq.ft.
From 1-4-2023 ₹1300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹871 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1300 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹300 /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 Thilagar Street(a.k.a. Nagar)

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Thilagar Street(A.K.A. nagar) guideline value

The current guideline value of Thilagar Street (A.K.A. nagar) is Rs 1,400 per sq.ft, effective from 1 July 2024. This street is located in Oragadam village under the Ambattur SRO, and it falls under the Residential Class III Type - I land classification.

How the guideline value of Thilagar Street(A.K.A. nagar) has changed

The guideline value for Thilagar Street has undergone several revisions over the years. In 2007, the value was Rs 300 per sq.ft, which increased significantly to Rs 1,300 per sq.ft by 2012. However, it then decreased to Rs 871 per sq.ft in 2017. The value saw a substantial increase to Rs 1,300 per sq.ft in 2023 and reached the current rate of Rs 1,400 per sq.ft in 2024, marking an 8% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 367%. The register does not contain figures for the years 2002 and 2003 for this street.

Guideline values in Oragadam

In Oragadam, there are 596 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 3,500 per sq.ft, with a median value of Rs 2,200 per sq.ft. Thilagar Street's 2024 figure is below this median.

Stamp duty and registration fee for property in Thilagar Street(A.K.A. nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total guideline value amounts to Rs 14,00,000. The stamp duty at 7% would be Rs 98,000, while the registration fee at 2% would be Rs 28,000, bringing the total fees to Rs 1,26,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for accurate calculations.

Which Sub Registrar Office covers Thilagar Street(A.K.A. nagar)?

The Sub Registrar Office that covers Thilagar 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 Oragadam

The guideline value is a crucial factor when registering property transactions in Oragadam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the buying or selling process.

When a property is sold, the guideline value is used to calculate the applicable charges, ensuring that both parties are aware of the financial obligations involved in the transaction. This helps maintain transparency in property dealings.

Frequently asked questions

What is the current guideline value of Thilagar Street?

The current guideline value of Thilagar Street (A.K.A. nagar) is Rs 1,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2007 to Rs 1,400 per sq.ft in 2024, showing an overall increase of 367% over the years.

What are the other streets in Oragadam and their guideline values?

Other streets in Oragadam include Thilagar Cross Street at Rs 1,400 per sq.ft, Thesu pillai Street at Rs 1,600 per sq.ft, ThenPalaniandavar Street at Rs 1,900 per sq.ft, Thirumalai Main Street at Rs 1,600 per sq.ft, and Thirumalai piriya Nagar at Rs 1,900 per sq.ft.

What are the stamp duty and registration fees for properties in Thilagar Street?

For a property valued at Rs 14,00,000, the stamp duty would be Rs 98,000 and the registration fee would be Rs 28,000, totaling Rs 1,26,000.

Which office handles the registration for Thilagar Street?

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