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Guideline Value

Corporate

Guideline Value for Thiruvengada Nagar Crasent Road

₹5100/sq.ft.

The guideline value for Thiruvengada Nagar Crasent 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 Crasent Road

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Thiruvengada Nagar Crasent Road guideline value

The current guideline value of Thiruvengada Nagar Crasent 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 Crasent Road has changed

The guideline value for Thiruvengada Nagar Crasent Road has seen several revisions over the years. The 2012 revision set the value at Rs 4,700 per sq.ft, which then decreased to Rs 3,149 per sq.ft in the 2017 revision. Following this, the value rose significantly to Rs 4,700 per sq.ft in the 2023 revision, and then increased further to Rs 5,100 per sq.ft in the 2024 revision, marking a 9% increase from the previous year.

From 2017 to 2023, the guideline value rose by 49%, while the overall change from 2012 to 2024 is a 9% increase. It is important to note that 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 in this area is Rs 3,600 per sq.ft, placing Thiruvengada Nagar Crasent Road's 2024 figure above this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 5,100 per sq.ft, the total guideline value would be Rs 51,00,000. The stamp duty, calculated at 7%, would amount to Rs 3,57,000, and the registration fee at 2% would be Rs 1,02,000, bringing the total fees to Rs 4,59,000. 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 Crasent Road?

The Thiruvengada Nagar Crasent Road falls under the Ambattur Sub Registrar Office. The office is 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 is a crucial factor when buying or selling property in Ambattur, as it determines the minimum value at which a property can be registered. This value is used to calculate the stamp duty and registration fees that are required during the transaction process.

When a property is sold, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate taxes from property transactions in the area.

Frequently asked questions

What is the current guideline value for Thiruvengada Nagar Crasent Road?

The current guideline value for Thiruvengada Nagar Crasent 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 changed from Rs 4,700 per sq.ft in 2012 to Rs 3,149 per sq.ft in 2017, then to Rs 4,700 per sq.ft in 2023, and finally to Rs 5,100 per sq.ft in 2024.

What is the median guideline value in Ambattur?

The median guideline value in Ambattur is Rs 3,600 per sq.ft, with Thiruvengada Nagar Crasent Road's 2024 figure being above this median.

What are the stamp duty rates for properties in this area?

The stamp duty rate for properties in Thiruvengada Nagar Crasent Road is 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher.

Where is the Ambattur Sub Registrar Office located?

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