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Guideline Value

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Guideline Value for Thiruvalluvar Nagar 7th Street

₹2400/sq.ft.

The guideline value for Thiruvalluvar Nagar 7th 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 7th Street

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Thiruvalluvar Nagar 7th Street guideline value

The current guideline value of Thiruvalluvar Nagar 7th Street is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, and it falls under the Residential Class I Type - I land classification.

How the guideline value of Thiruvalluvar Nagar 7th Street has changed

In the 2012 revision, the guideline value was Rs 2,200 per sq.ft. This figure decreased to Rs 1,474 per sq.ft in the 2017 revision, marking a decline of 33%. However, from 2017 to the 2024 revision, the guideline value increased significantly to Rs 2,400 per sq.ft, representing a rise of 63%. Overall, from 2012 to 2024, the guideline value has seen a modest increase of 9%.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2023 for Thiruvalluvar Nagar 7th Street in the register.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO, with guideline values ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value for these streets is Rs 2,400 per sq.ft, which is equal to the current guideline value of Thiruvalluvar Nagar 7th Street.

Stamp duty and registration fee for property in Thiruvalluvar Nagar 7th 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 costs would be Rs 2,16,000. 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 detailed calculations.

Which Sub Registrar Office covers Thiruvalluvar Nagar 7th Street?

The Sub Registrar Office that covers Thiruvalluvar Nagar 7th 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 is a crucial factor when registering property transactions in Thirumullaivoyal. It serves as the minimum value on which stamp duty and registration fees are calculated, ensuring that the transaction is recorded at a fair value as per government regulations.

When buying or selling property, it is essential to refer to the current guideline value to determine the applicable charges. This value helps both buyers and sellers understand the financial implications of the transaction, including the costs associated with registration.

Frequently asked questions

What is the current guideline value of Thiruvalluvar Nagar 7th Street?

The current guideline value of Thiruvalluvar Nagar 7th Street is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

From the 2012 revision of Rs 2,200 per sq.ft, the value decreased to Rs 1,474 per sq.ft in 2017, then increased to Rs 2,400 per sq.ft in 2024. Overall, there has been a 9% increase from 2012 to 2024.

What is the land classification for Thiruvalluvar Nagar 7th Street?

Thiruvalluvar Nagar 7th Street falls under the Residential Class I Type - I land classification.

What are the stamp duty and registration fees for property transactions?

The stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, and the registration fee is 2%. For a 1,000 sq.ft plot at the current rate, the total cost would be Rs 2,16,000.

Where can I find the Sub Registrar Office for Thiruvalluvar Nagar 7th Street?

The Sub Registrar Office for Thiruvalluvar Nagar 7th Street is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.