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Guideline Value

Corporate

Guideline Value for Thiruvengada Nagar Main Road

₹5100/sq.ft.

The guideline value for Thiruvengada Nagar Main Road in Ambattur village (Ambattur SRO, Chennai zone) is Rs 5100 per sq.ft, effective 1 July 2024. It was Rs 4700 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ambattur

Village

Ambattur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹5100 /sq.ft.
From 1-4-2023 ₹4700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3149 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4700 /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 Thiruvengada Nagar Main Road

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Thiruvengada Nagar Main Road guideline value

The current guideline value of Thiruvengada Nagar Main Road is Rs 5,100 per sq.ft, effective from 1 July 2024. This road is located in Ambattur village, under the Ambattur SRO, and is classified as Residential Special Type - I.

How the guideline value of Thiruvengada Nagar Main Road has changed

In the 2012 revision, the guideline value was set at Rs 4,700 per sq.ft. This figure remained the same in the 2012 and 2017 revisions, where it dropped to Rs 3,149 per sq.ft. Following this, the value saw a significant increase to Rs 4,700 per sq.ft in 2023 and further rose to Rs 5,100 per sq.ft in the 2024 revision, reflecting a 9% increase from the previous year.

From 2017 to 2023, the increase was 49%, while the change from 2012 to 2017 was a decrease of 33%. Overall, from 2012 to 2024, the guideline value has increased by 9%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Ambattur

In Ambattur, there are 448 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 1,400 to Rs 8,209 per sq.ft. The median guideline value is Rs 3,600 per sq.ft, placing Thiruvengada Nagar Main Road's 2024 figure above this median.

Stamp duty and registration fee for property in Thiruvengada Nagar Main Road

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 51,00,000. The stamp duty at 7% would be Rs 3,57,000, and the registration fee at 2% would be Rs 1,02,000, totaling Rs 4,59,000. 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 Thiruvengada Nagar Main Road?

The Thiruvengada Nagar Main Road falls under 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 further assistance.

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

The guideline value plays a crucial role in the registration process of property transactions in Ambattur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in property dealings.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. This ensures that both parties are aware of the financial obligations involved in the transaction, based on the established guideline value.

Frequently asked questions

What is the current guideline value of Thiruvengada Nagar Main Road?

The current guideline value of Thiruvengada Nagar Main Road is Rs 5,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions: from Rs 4,700 in 2012 to Rs 3,149 in 2017, then rising to Rs 4,700 in 2023, and currently at Rs 5,100 in 2024.

What is the land classification for Thiruvengada Nagar Main Road?

Thiruvengada Nagar Main Road is classified as Residential Special Type - I.

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

The Sub Registrar Office covering Thiruvengada Nagar Main Road is 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 Ambattur?

Stamp duty for properties in Ambattur is calculated based on the higher of the guideline value or the sale price. It is typically charged at 7%, with an additional registration fee of 2% on the guideline value.