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Guideline Value

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Guideline Value for Vaigai Street (Sri Kalikambal Nagar)

₹1900/sq.ft.

The guideline value for Vaigai Street (sri Kalikambal Nagar) in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 1900 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1900 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1800 /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 Vaigai Street (sri Kalikambal Nagar)

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Vaigai Street (Sri Kalikambal Nagar) guideline value

The current guideline value of Vaigai Street (Sri Kalikambal Nagar) is Rs 1,900 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village, under the Ambattur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Vaigai Street (Sri Kalikambal Nagar) has changed

The guideline value for Vaigai Street (Sri Kalikambal Nagar) has seen several revisions over the years. The 2012 revision set the value at Rs 1,800 per sq.ft, which was later reduced to Rs 1,206 per sq.ft in the 2017 revision, marking a decrease of 33%. However, the most recent revision in 2024 increased the value to Rs 1,900 per sq.ft, representing a significant rise of 58% from 2017.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 6%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2023 in the register for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that have a guideline value for 2024, ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value for these streets is Rs 2,400 per sq.ft, which means that Vaigai Street (Sri Kalikambal Nagar) is below this median.

Stamp duty and registration fee for property in Vaigai Street (Sri Kalikambal Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,900 per sq.ft, the total guideline value would be Rs 19,00,000. The stamp duty at 7% would amount to Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, bringing the total cost for these fees to Rs 1,71,000. It is important to note that 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 Vaigai Street (Sri Kalikambal Nagar)?

The Sub Registrar Office that covers Vaigai Street (Sri Kalikambal 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 critical factor in the registration process when buying or selling property in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees that are applicable during the transaction.

When a property is sold, the guideline value is used to calculate the stamp duty, which is charged at a percentage of the guideline value or the sale price, whichever is higher. This ensures that the fees are aligned with the official valuation of the property.

Frequently asked questions

What is the current guideline value of Vaigai Street (Sri Kalikambal Nagar)?

The current guideline value of Vaigai Street (Sri Kalikambal Nagar) is Rs 1,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then increased to Rs 1,900 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, and 2023.

What is the land classification of Vaigai Street (Sri Kalikambal Nagar)?

Vaigai Street (Sri Kalikambal Nagar) is classified as Residential Class II Type - I.

What are the guideline values for other streets in Thirumullaivoyal?

Other streets in Thirumullaivoyal have varying guideline values, with some streets like Vaigai Street (Sri Nagar Colony) and several streets in Vaishnavi Nagar set at Rs 2,700 per sq.ft for 2024.

Where can I find the Sub Registrar Office for Vaigai Street (Sri Kalikambal Nagar)?

The Sub Registrar Office for Vaigai Street (Sri Kalikambal Nagar) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.