Guideline Value

Corporate

Guideline Value for Thirumal Nagar Extn (Part I)

₹1900/sq.ft.

The guideline value for Thirumal Nagar Extn (part I) in Puthagaram village (Ambattur SRO, Chennai zone) is Rs 1900 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puthagaram

Village

Ambattur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1900 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1800 /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 Thirumal Nagar Extn (part I)

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Thirumal Nagar Extn (Part I) guideline value

The current guideline value for Thirumal Nagar Extn (Part I) is Rs 1,900 per sq.ft. This area is located in Puthagaram village and falls under the Ambattur SRO. The land classification for this street is Residential Class I Type - I.

How the guideline value of Thirumal Nagar Extn (Part I) has changed

The guideline value for Thirumal Nagar Extn (Part I) has undergone several revisions over the years. The 2012 revision set the value at Rs 1,800 per sq.ft, which was a decrease of 33% from the previous figure of Rs 1,206 per sq.ft in 2017. The 2023 revision saw an increase to Rs 1,800 per sq.ft, and the latest revision in 2024 raised it to Rs 1,900 per sq.ft, marking a 6% increase from the previous year.

Between the 2017 and 2023 revisions, the guideline value increased by 49%. Overall, from 2012 to 2024, the guideline value has increased by 6%. There are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Puthagaram

Puthagaram village has a total of 140 streets under the Ambattur SRO that have a 2024 guideline value ranging from Rs 1,200 to Rs 3,800 per sq.ft. The median guideline value for these streets is Rs 1,900 per sq.ft, which is equal to the current guideline value for Thirumal Nagar Extn (Part I).

Stamp duty and registration fee for property in Thirumal Nagar Extn (Part I)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,900 per sq.ft, the total guideline value amounts to Rs 19,00,000. The stamp duty at 7% would be Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, totaling Rs 1,71,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Thirumal Nagar Extn (Part I)?

The Sub Registrar Office that covers Thirumal Nagar Extn (Part I) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Puthagaram

The guideline value plays a crucial role in property transactions in Puthagaram. It is used to determine the stamp duty and registration fees that are applicable when buying or selling property. Buyers and sellers must be aware of the current guideline value to ensure compliance with legal requirements.

When registering a property, the guideline value is considered as the base value for calculating the applicable fees. It is essential for both parties in a transaction to understand how the guideline value affects the overall cost of buying or selling property in the area.

Frequently asked questions

What is the current guideline value for Thirumal Nagar Extn (Part I)?

The current guideline value for Thirumal Nagar Extn (Part I) is Rs 1,900 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2023 to Rs 1,900 per sq.ft in 2024, an increase of 6%. It was Rs 1,206 per sq.ft in 2017, showing a significant increase of 49% by 2023.

What is the land classification for Thirumal Nagar Extn (Part I)?

The land classification for Thirumal Nagar Extn (Part I) is Residential Class I Type - I, indicating that it is primarily designated for residential use.

Where can I find the Sub Registrar Office for Thirumal Nagar Extn (Part I)?

The Sub Registrar Office for Thirumal Nagar Extn (Part I) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai.

How is the stamp duty calculated for property in Thirumal Nagar Extn (Part I)?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property with a guideline value of Rs 19,00,000 would incur a stamp duty of Rs 1,33,000 at 7%.