Guideline Value for Thiruvalluvar Main Road 5th St Main
₹3900/sq.ft.
The guideline value for Thiruvalluvar Main Road 5th St Main in Adambakkam village (Alandur SRO, Chennai zone) is Rs 3900 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.
Last updated:
Chennai
Zone
Adambakkam
Village
Alandur
SRO
Residential Class I Type - III
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹3900 /sq.ft. |
| From 1-4-2023 | ₹3500 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹2345 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹3500 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹900 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | ₹214 /sq.ft. |
| From 1-4-2002 To 31-3-2003 | ₹187 /sq.ft. |
Guideline Value Timeline
Guideline Value Comparison
SRO (Sub Registrar Office)
12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061
044-22240222
[email protected]
DRO (District Registrar Office)
Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Thiruvalluvar Main Road 5th St Main
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Alandur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Thiruvalluvar Main Road 5th St Main guideline value
The current guideline value for Thiruvalluvar Main Road 5th St Main is Rs 3,900 per sq.ft, effective from 1 July 2024. This street is located in Adambakkam village and falls under the Alandur SRO with a land classification of Residential Class I Type - III.
How the guideline value of Thiruvalluvar Main Road 5th St Main has changed
The guideline value for Thiruvalluvar Main Road 5th St Main has undergone several revisions over the years. In 2002, the guideline value was Rs 187 per sq.ft. This increased to Rs 214 per sq.ft in 2003, marking a change of +14%. The value saw significant growth in the following years, reaching Rs 900 per sq.ft in 2007, which was a remarkable increase of +321%. However, the value dropped to Rs 3,500 per sq.ft in 2012, reflecting a decrease of -33%. In 2017, the value rose to Rs 2,345 per sq.ft, an increase of +49% from the previous revision. The 2023 revision set the value at Rs 3,500 per sq.ft, and the latest 2024 revision has increased it to Rs 3,900 per sq.ft, showing a change of +11%.
There are no figures available for the revisions in years other than those specified. Overall, from 2002 to 2024, the guideline value has increased by +1986%.
Guideline values in Adambakkam
In Adambakkam, there are 569 streets under the Alandur SRO that carry a 2024 guideline value, ranging from Rs 2,800 to Rs 11,000 per sq.ft. The median guideline value for these streets is Rs 3,900 per sq.ft, which is the same as the guideline value for Thiruvalluvar Main Road 5th St Main.
- Thiruvalluvar Main Road 3rd Street: Rs 3,900 per sq.ft (2024)
- Thiruvalluvar Main Road 2nd Street: Rs 3,900 per sq.ft (2024)
- Thiruvalluvar Main Road 1st Street: Rs 3,900 per sq.ft (2024)
- Thiruvalluvar Main Road: Rs 3,900 per sq.ft (2024)
- Thiruvalluvar Main 4th Street: Rs 3,900 per sq.ft (2024)
- Thiruvalluvar 4th Street: Rs 3,900 per sq.ft (2024)
Stamp duty and registration fee for property in Thiruvalluvar Main Road 5th St Main
For a 1,000 sq.ft plot at the current guideline value of Rs 3,900 per sq.ft, the total guideline value amounts to Rs 39,00,000. The stamp duty at 7% would be Rs 2,73,000, and the registration fee at 2% would be Rs 78,000, bringing the total cost to Rs 3,51,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Thiruvalluvar Main Road 5th St Main?
The Sub Registrar Office that covers Thiruvalluvar Main Road 5th St Main is the Alandur Sub Registrar Office, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061. To find your SRO, you can visit find your SRO.
How the guideline value is used when you buy or sell in Adambakkam
The guideline value is a crucial factor during the registration of property transactions in Adambakkam. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that transactions are recorded at a fair value.
When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value or the sale price, which can impact the overall cost of the transaction.
Frequently asked questions
What is the current guideline value for Thiruvalluvar Main Road 5th St Main?
The current guideline value for Thiruvalluvar Main Road 5th St Main is Rs 3,900 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 187 per sq.ft in 2002 to Rs 3,900 per sq.ft in 2024, reflecting an overall increase of +1986% across the years.
What is the stamp duty for property in Thiruvalluvar Main Road 5th St Main?
The stamp duty for property in Thiruvalluvar Main Road 5th St Main is charged at 7% of the guideline value or the sale price, whichever is higher.
Where is the Sub Registrar Office for this area located?
The Sub Registrar Office for Thiruvalluvar Main Road 5th St Main is the Alandur Sub Registrar Office, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061.
What are the other streets in Adambakkam with the same guideline value?
Other streets in Adambakkam that share the same guideline value of Rs 3,900 per sq.ft include Thiruvalluvar Main Road 1st Street, Thiruvalluvar Main Road 2nd Street, Thiruvalluvar Main Road 3rd Street, Thiruvalluvar Main Road, and Thiruvalluvar Main 4th Street.
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