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Guideline Value

Corporate

Guideline Value for Thiruvalluvar Nagar 2nd Street

₹1400/sq.ft.

The guideline value for Thiruvalluvar Nagar 2nd Street in Ambattur 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 V Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ambattur

Village

Ambattur

SRO

Residential Class V Type - II
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 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 Thiruvalluvar Nagar 2nd Street

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Thiruvalluvar Nagar 2nd Street guideline value

The current guideline value of Thiruvalluvar Nagar 2nd Street is Rs 1,400 per sq.ft, effective from 1 July 2024. This street is located in Ambattur village under the Ambattur SRO, classified as Residential Class V Type - II.

How the guideline value of Thiruvalluvar Nagar 2nd Street has changed

The guideline value for Thiruvalluvar Nagar 2nd Street has undergone several revisions over the years. The 2012 revision set the value at Rs 1,300 per sq.ft, which was a decrease of 33% from the 2017 revision of Rs 871 per sq.ft. In 2023, the value increased to Rs 1,300 per sq.ft, and the most recent revision in 2024 raised it to Rs 1,400 per sq.ft, reflecting an 8% increase from the previous year.

From 2012 to 2024, the overall change in guideline value is an increase of 8%. It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Ambattur

In Ambattur village, there are 448 streets under the Ambattur SRO that carry a 2024 guideline value, ranging from Rs 1,400 to Rs 8,209 per sq.ft. The median guideline value for these streets is Rs 3,600 per sq.ft, indicating that the 2024 figure for Thiruvalluvar Nagar 2nd Street is below this median.

Stamp duty and registration fee for property in Thiruvalluvar Nagar 2nd Street

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, and the registration fee at 2% would be Rs 28,000, bringing the total cost to Rs 1,26,000. Please 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 Nagar 2nd Street?

The Sub Registrar Office covering Thiruvalluvar Nagar 2nd 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 Ambattur

The guideline value is an essential factor in property transactions in Ambattur. It serves as a benchmark for determining the stamp duty and registration fees during the buying or selling process.

When registering a property, the guideline value is used to calculate the applicable fees, ensuring that both buyers and sellers are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value of Thiruvalluvar Nagar 2nd Street?

The current guideline value of Thiruvalluvar Nagar 2nd Street is Rs 1,400 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 1,300 per sq.ft in 2023 to Rs 1,400 per sq.ft in 2024, an increase of 8%. It was Rs 871 per sq.ft in 2017, showing a 49% increase to the 2023 figure.

What is the land classification of Thiruvalluvar Nagar 2nd Street?

Thiruvalluvar Nagar 2nd Street is classified as Residential Class V Type - II.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Thiruvalluvar Nagar 2nd 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 properties in Thiruvalluvar Nagar 2nd Street?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total guideline value is Rs 14,00,000, resulting in a stamp duty of Rs 98,000.