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Guideline Value

Corporate

Guideline Value for Thiruvalluvar Nagar 4th Street

₹2400/sq.ft.

The guideline value for Thiruvalluvar Nagar 4th Street in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2400 per sq.ft, effective 1 July 2024. It was Rs 2200 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2400 /sq.ft.
From 1-4-2023 ₹2200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1474 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2200 /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 4th Street

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Thiruvalluvar Nagar 4th Street guideline value

The current guideline value of Thiruvalluvar Nagar 4th Street is Rs 2,400 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 - I.

How the guideline value of Thiruvalluvar Nagar 4th Street has changed

The guideline value for Thiruvalluvar Nagar 4th Street has undergone several revisions over the years. The 2012 revision set the value at Rs 2,200 per sq.ft, which then decreased to Rs 1,474 per sq.ft in the 2017 revision, marking a decline of 33%. Following this, the value increased significantly to Rs 2,200 per sq.ft in the 2023 revision, and further rose to Rs 2,400 per sq.ft in the 2024 revision, reflecting a 9% increase from the previous year.

In summary, the guideline value has changed from Rs 2,200 in 2012 to Rs 2,400 in 2024, resulting in an overall increase of 9% over this period. Notably, there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 5,500 per sq.ft. The median value is Rs 2,400 per sq.ft, and Thiruvalluvar Nagar 4th Street's 2024 figure matches this median.

Stamp duty and registration fee for property in Thiruvalluvar Nagar 4th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value would be Rs 24,00,000. The stamp duty at 7% would amount to Rs 1,68,000, while the registration fee at 2% would be Rs 48,000. Together, the total cost for stamp duty and registration fee would be Rs 2,16,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Thiruvalluvar Nagar 4th Street?

The Sub Registrar Office that covers Thiruvalluvar Nagar 4th 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 Thirumullaivoyal

When buying or selling property in Thirumullaivoyal, the guideline value is a critical factor in determining the registration fees and stamp duty payable. This value serves as a benchmark for the transaction price, ensuring that the appropriate taxes are collected based on the official valuation.

It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process. This value is updated periodically, reflecting changes in the real estate market as determined by the Registration Department.

Frequently asked questions

What is the current guideline value of Thiruvalluvar Nagar 4th Street?

The current guideline value of Thiruvalluvar Nagar 4th Street is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,200 in 2012 to Rs 1,474 in 2017, then increased to Rs 2,200 in 2023, and finally to Rs 2,400 in 2024.

What is the land classification for Thiruvalluvar Nagar 4th Street?

Thiruvalluvar Nagar 4th Street is classified as Residential Class I Type - I.

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

The Sub Registrar Office for Thiruvalluvar Nagar 4th 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 4th Street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current rate would incur a stamp duty of Rs 1,68,000.