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Guideline Value

Corporate

Guideline Value for Thiruvalluvar Nagar 8th Street

₹1400/sq.ft.

The guideline value for Thiruvalluvar Nagar 8th 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 8th Street

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Thiruvalluvar Nagar 8th Street guideline value

The current guideline value of Thiruvalluvar Nagar 8th Street is Rs 1,400 per sq.ft, effective from 1 July 2024. This street is located in Ambattur village, under the Ambattur SRO, and is classified as Residential Class V Type - II.

How the guideline value of Thiruvalluvar Nagar 8th Street has changed

Since the 2012 revision, the guideline value for Thiruvalluvar Nagar 8th Street has changed from Rs 1,300 per sq.ft to Rs 1,400 per sq.ft in the 2024 revision. The 2012 figure was Rs 1,300 per sq.ft, which then decreased to Rs 871 per sq.ft in the 2017 revision, marking a significant drop of 33%. After that, the value rose by 49% to reach Rs 1,300 per sq.ft in the 2023 revision, and then increased by 8% to Rs 1,400 per sq.ft in 2024.

The register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 8%.

Guideline values in Ambattur

In Ambattur village, there are 448 streets under the Ambattur SRO that have a 2024 guideline value ranging from Rs 1,400 to Rs 8,209 per sq.ft, with a median value of Rs 3,600 per sq.ft. The guideline value of Thiruvalluvar Nagar 8th Street is below this median.

Stamp duty and registration fee for property in Thiruvalluvar Nagar 8th Street

For a 1,000 sq.ft plot at the current rate of Rs 1,400 per sq.ft, the guideline value would be Rs 14,00,000. The stamp duty at 7% would amount to Rs 98,000, and the registration fee at 2% would be Rs 28,000, bringing the total to Rs 1,26,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thiruvalluvar Nagar 8th Street?

The Sub Registrar Office that covers Thiruvalluvar Nagar 8th 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 plays a crucial role in property transactions in Ambattur. It is used to determine the stamp duty and registration fees when a property is bought or sold. Buyers and sellers should be aware that the guideline value is considered during the registration process, ensuring that the fees are calculated accurately based on the current rates.

When engaging in property transactions, it is essential to refer to the guideline value to understand the financial obligations involved. This value helps in assessing the costs associated with registration and ensures compliance with local regulations.

Frequently asked questions

What is the current guideline value of Thiruvalluvar Nagar 8th Street?

The current guideline value of Thiruvalluvar Nagar 8th Street is Rs 1,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,300 per sq.ft in 2023 to Rs 1,400 per sq.ft in 2024, marking an increase of 8%. From 2017 to 2023, it rose by 49% from Rs 871 per sq.ft to Rs 1,300 per sq.ft.

What is the land classification for Thiruvalluvar Nagar 8th Street?

Thiruvalluvar Nagar 8th Street is classified as Residential Class V Type - II.

What is the address of the Sub Registrar Office for this street?

The Sub Registrar Office covering Thiruvalluvar Nagar 8th Street is 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 8th 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 stamp duty and registration fee would amount to Rs 1,26,000.