Guideline Value for Thiruvalluvar Nagar 9th Street

Thiruvalluvar Nagar 9th Street guideline value

The current guideline value of Thiruvalluvar Nagar 9th 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 9th Street has changed

The guideline value for Thiruvalluvar Nagar 9th Street has undergone several revisions over the years. The earliest recorded revision was in 2012, where the guideline value was Rs 2,200 per sq.ft. This was followed by a decrease to Rs 1,474 per sq.ft in the 2017 revision. The most recent revision in 2024 saw a significant increase to Rs 2,400 per sq.ft, marking a 63% rise from the 2017 figure. Overall, from 2012 to 2024, the guideline value has increased by 9%.

There are no figures available for the revisions in 2002, 2003, 2007, and 2023 for this street.

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 is Rs 2,400 per sq.ft, which is equal to the 2024 figure for Thiruvalluvar Nagar 9th Street.

• Thiruvalluvar Nagar 8th Street: Rs 2,400 per sq.ft (2024)
• Thiruvalluvar Nagar 7th Street: Rs 2,400 per sq.ft (2024)
• Thiruvalluvar Nagar 6th Street: Rs 2,400 per sq.ft (2024)
• Thiruvalluvar Nagar 5th Street: Rs 2,400 per sq.ft (2024)
• Thiruvalluvar Nagar 4th Street: Rs 2,400 per sq.ft (2024)
• Thiruvalluvar Nagar 3rd Street: Rs 2,400 per sq.ft (2024)

Stamp duty and registration fee for property in Thiruvalluvar Nagar 9th 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, and the registration fee at 2% would be Rs 48,000, bringing the total to Rs 2,16,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thiruvalluvar Nagar 9th Street?

The Sub Registrar Office that covers Thiruvalluvar Nagar 9th Street is the Ambattur Sub Registrar Office. The address is Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

You can find your SRO for more details.

How the guideline value is used when you buy or sell in Thirumullaivoyal

The guideline value is a crucial factor during property transactions in Thirumullaivoyal, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices, as it affects the applicable stamp duty and registration fees.

When registering a property, the guideline value serves as a benchmark for calculating the stamp duty and registration fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Thiruvalluvar Nagar 9th Street?

The current guideline value of Thiruvalluvar Nagar 9th 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 seen several revisions, with the most recent being Rs 2,400 per sq.ft in 2024. It was Rs 2,200 per sq.ft in 2012 and dropped to Rs 1,474 per sq.ft in 2017 before rising again in 2024.

What is the land classification for Thiruvalluvar Nagar 9th Street?

Thiruvalluvar Nagar 9th Street is classified as Residential Class I Type - I.

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

The Sub Registrar Office covering Thiruvalluvar Nagar 9th 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 9th 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 property at the current guideline value, the stamp duty would be Rs 1,68,000.