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Guideline Value

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Guideline Value for Thirumalai Nagar (V.O.C. Street)

₹2000/sq.ft.

The guideline value for Thirumalai Nagar (v.o.c. Street) in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2000 per sq.ft, effective 1 July 2024. It was Rs 1900 per sq.ft from 1 April 2023, a 5% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹2000 /sq.ft.
From 1-4-2023 ₹1900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1273 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1900 /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 Thirumalai Nagar (v.o.c. Street)

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Thirumalai Nagar (V.O.C. Street) guideline value

The current guideline value for Thirumalai Nagar (V.O.C. Street) is Rs 2,000 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Class I Type - III.

How the guideline value of Thirumalai Nagar (V.O.C. Street) has changed

The guideline value for Thirumalai Nagar (V.O.C. Street) has undergone several revisions over the years. The 2012 revision set the value at Rs 1,900 per sq.ft, which was then reduced to Rs 1,273 per sq.ft in 2017. Following this, the value increased to Rs 1,900 per sq.ft in 2023, and currently stands at Rs 2,000 per sq.ft as of the 2024 revision. The changes between these revisions include a 33% decrease from 2012 to 2017, a significant 49% increase from 2017 to 2023, and a 5% increase from 2023 to 2024.

There are no recorded figures for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that have a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft, with a median value of Rs 2,400 per sq.ft. The guideline value for Thirumalai Nagar (V.O.C. Street) is below this median.

Stamp duty and registration fee for property in Thirumalai Nagar (V.O.C. Street)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,000 per sq.ft, the total guideline value would be Rs 20,00,000. The stamp duty at 7% would amount to Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, bringing the total fees to Rs 1,80,000. 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 accurate calculations.

Which Sub Registrar Office covers Thirumalai Nagar (V.O.C. Street)?

The Sub Registrar Office that covers Thirumalai Nagar (V.O.C. 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 details.

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

When buying or selling property in Thirumullaivoyal, the guideline value is crucial as it determines the registration fees and stamp duty payable. The guideline value serves as a benchmark for property transactions and is used to calculate the necessary fees during the registration process.

It is essential for buyers and sellers to be aware of the current guideline value, as this will impact the overall cost of the transaction. Accurate knowledge of the guideline value can help in understanding the financial implications of property dealings in the area.

Frequently asked questions

What is the current guideline value of Thirumalai Nagar (V.O.C. Street)?

The current guideline value of Thirumalai Nagar (V.O.C. Street) is Rs 2,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,900 per sq.ft in 2012 to Rs 1,273 per sq.ft in 2017, then increased to Rs 1,900 per sq.ft in 2023, and is currently Rs 2,000 per sq.ft as of 2024.

What are the other streets in Thirumullaivoyal with the same guideline value?

Other streets in Thirumullaivoyal, such as Vallalar Street, Sathiyavinayagar Street, Pongundranachi Street, Nehru Street, Mahaveer Garden, and Kambar Street, also have a guideline value of Rs 2,000 per sq.ft in 2024.

Where can I find the Sub Registrar Office for Thirumalai Nagar (V.O.C. Street)?

The Sub Registrar Office for Thirumalai Nagar (V.O.C. 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 the stamp duty calculated for property transactions in Thirumullaivoyal?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, a property with a guideline value of Rs 20,00,000 would incur a stamp duty of Rs 1,40,000 at 7%.