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Guideline Value

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Guideline Value for Thiruvarutpa Street (Sri Sakthi Nagar)

₹2400/sq.ft.

The guideline value for Thiruvarutpa Street (sri Sakthi Nagar) 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 Thiruvarutpa Street (sri Sakthi Nagar)

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Thiruvarutpa Street (Sri Sakthi Nagar) guideline value

The current guideline value of Thiruvarutpa Street (Sri Sakthi Nagar) 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 Thiruvarutpa Street (Sri Sakthi Nagar) 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 upcoming 2024 revision, the value increased significantly to Rs 2,400 per sq.ft, representing a rise of 63%.

Overall, when comparing the 2012 and 2024 revisions, the guideline value has increased by 9%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2023 for this street.

Guideline values in Thirumullaivoyal

Thirumullaivoyal village has a total of 975 streets under the Ambattur SRO, with guideline values for 2024 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 Thiruvarutpa Street (Sri Sakthi Nagar).

Stamp duty and registration fee for property in Thiruvarutpa Street (Sri Sakthi Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value amounts to 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, totaling Rs 2,16,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Thiruvarutpa Street (Sri Sakthi Nagar)?

The Sub Registrar Office that covers Thiruvarutpa Street (Sri Sakthi Nagar) 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 during the registration of property transactions in Thirumullaivoyal. It serves as a benchmark to determine the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value helps in assessing the financial implications of the transaction. Buyers and sellers must be aware of the current guideline value to ensure compliance with the registration requirements and avoid any legal complications.

Frequently asked questions

What is the current guideline value of Thiruvarutpa Street (Sri Sakthi Nagar)?

The current guideline value of Thiruvarutpa Street (Sri Sakthi Nagar) 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 2,400 in 2024. Overall, from 2012 to 2024, there has been a 9% increase.

Which office registers properties in Thiruvarutpa Street (Sri Sakthi Nagar)?

The Ambattur Sub Registrar Office is responsible for registering properties in Thiruvarutpa Street (Sri Sakthi Nagar).

What is the stamp duty rate applicable in Thiruvarutpa Street (Sri Sakthi Nagar)?

The stamp duty rate applicable is 7% of the guideline value or the sale price, whichever is higher.

Are there other streets with the same guideline value in Thirumullaivoyal?

Yes, several other streets in Thirumullaivoyal have the same guideline value of Rs 2,400 per sq.ft, including Thiruvalluvar Nagar 9th, 8th, 7th, 6th, and 5th Streets.