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Guideline Value

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Guideline Value for Thiruvalluvar Nagar 6th Street

₹2400/sq.ft.

The guideline value for Thiruvalluvar Nagar 6th Street in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2400 per sq.ft, effective 1 July 2024. 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 N/A
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 6th Street

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Thiruvalluvar Nagar 6th Street guideline value

The current guideline value of Thiruvalluvar Nagar 6th Street is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village, under the Ambattur SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Thiruvalluvar Nagar 6th Street has changed

In the 2012 revision, the guideline value was Rs 2,200 per sq.ft. This figure saw a decrease to Rs 1,474 per sq.ft in the 2017 revision, marking a drop of 33%. However, from 2017 to the 2024 revision, the value increased significantly to Rs 2,400 per sq.ft, reflecting a rise of 63%. Overall, the guideline value has increased by 9% from 2012 to 2024.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2023 for Thiruvalluvar Nagar 6th Street.

Guideline values in Thirumullaivoyal

Thirumullaivoyal has a total of 975 streets under the Ambattur SRO, with the 2024 guideline values ranging from Rs 880 to Rs 5,500 per sq.ft. The median value among these streets is Rs 2,400 per sq.ft, which is equal to the guideline value of Thiruvalluvar Nagar 6th Street.

Stamp duty and registration fee for property in Thiruvalluvar Nagar 6th 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 be Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, bringing the total fees to Rs 2,16,000. It is important to note that 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 details.

Which Sub Registrar Office covers Thiruvalluvar Nagar 6th Street?

The Sub Registrar Office covering Thiruvalluvar Nagar 6th 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

The guideline value plays a crucial role during property transactions in Thirumullaivoyal. When a property is sold or purchased, the guideline value is used to determine the stamp duty and registration fees applicable. This ensures that the transaction is compliant with local regulations and reflects the official value of the property.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly affects the costs associated with property registration. Understanding the guideline value helps in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Thiruvalluvar Nagar 6th Street?

The current guideline value of Thiruvalluvar Nagar 6th 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 per sq.ft in 2012 to Rs 1,474 per sq.ft in 2017, and then increased to Rs 2,400 per sq.ft in 2024. Overall, there has been a 9% increase from 2012 to 2024.

What land classification is Thiruvalluvar Nagar 6th Street?

Thiruvalluvar Nagar 6th Street is classified as Residential Class I Type - I.

Which office handles registrations for Thiruvalluvar Nagar 6th Street?

The Ambattur Sub Registrar Office handles registrations for Thiruvalluvar Nagar 6th Street, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is stamp duty calculated for properties in Thiruvalluvar Nagar 6th 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 guideline value, the total stamp duty would amount to Rs 1,68,000.