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Guideline Value

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Guideline Value for Thiruvallur Nedunchalai (Upto Alamathi Easwaran Koil)

₹1100/sq.ft.

The guideline value for Thiruvallur Nedunchalai (upto Alamathi Easwaran Koil) in Alamathi village (Redhills SRO, Chennai zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Alamathi

Village

Redhills

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /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)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Thiruvallur Nedunchalai (upto Alamathi Easwaran Koil)

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Thiruvallur Nedunchalai (Upto Alamathi Easwaran Koil) guideline value

The current guideline value for Thiruvallur Nedunchalai (Upto Alamathi Easwaran Koil) is Rs 1,100 per sq.ft, effective from 1 July 2024. This property is located in Alamathi village and falls under the Redhills SRO with a land classification of Residential Special Type - I.

How the guideline value of Thiruvallur Nedunchalai (Upto Alamathi Easwaran Koil) has changed

The guideline value for Thiruvallur Nedunchalai has undergone several revisions over the years. The earliest recorded figure is from 2007, which was Rs 400 per sq.ft. This was followed by an increase to Rs 1,000 per sq.ft in 2012, marking a significant rise of 150%. However, the value dropped to Rs 670 per sq.ft in 2017, a decrease of 33%. The value then increased substantially to Rs 1,000 per sq.ft in 2023, reflecting a 49% rise. The latest revision in 2024 has set the guideline value at Rs 1,100 per sq.ft, a 10% increase from the previous year.

There are no figures recorded in the register for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 175%.

Guideline values in Alamathi

In Alamathi, there are 54 streets under the Redhills SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 1,100 per sq.ft. The median guideline value in the village is Rs 550 per sq.ft, placing the 2024 figure for Thiruvallur Nedunchalai above this median.

Stamp duty and registration fee for property in Thiruvallur Nedunchalai (Upto Alamathi Easwaran Koil)

For a 1,000 sq.ft plot at the current rate of Rs 1,100 per sq.ft, the guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. It is important to note that the 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 details.

Which Sub Registrar Office covers Thiruvallur Nedunchalai (Upto Alamathi Easwaran Koil)?

The Thiruvallur Nedunchalai (Upto Alamathi Easwaran Koil) property falls under the jurisdiction of the Redhills Sub Registrar Office. The address is Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Alamathi. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

When engaging in property transactions, it is essential to be aware of the current guideline value to ensure compliance with local regulations. This value is regularly updated, reflecting changes in the real estate landscape.

Frequently asked questions

What is the current guideline value for Thiruvallur Nedunchalai?

The current guideline value for Thiruvallur Nedunchalai (Upto Alamathi Easwaran Koil) is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 400 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of 175% over the years.

What is the registration office for this area?

The registration office covering Thiruvallur Nedunchalai is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

What are the stamp duty rates applicable?

The stamp duty for property transactions in this area is charged at 7% of the guideline value or sale price, whichever is higher, along with a registration fee of 2%.

Where can I find more information on stamp duty and registration fees?

You can find more information on stamp duty and registration fees using our stamp duty and registration fee calculator.