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Guideline Value for Vaishnavi Nagar 8th Street 3rd Cross

₹2700/sq.ft.

The guideline value for Vaishnavi Nagar 8th Street 3rd Cross in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹2500 /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 Vaishnavi Nagar 8th Street 3rd Cross

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Vaishnavi Nagar 8th Street 3rd Cross guideline value

The current guideline value of Vaishnavi Nagar 8th Street 3rd Cross is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village, under the Ambattur SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Vaishnavi Nagar 8th Street 3rd Cross has changed

The guideline value for Vaishnavi Nagar 8th Street 3rd Cross has seen several revisions over the years. In the 2012 revision, the guideline value was Rs 2,500 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded Rs 2,500 per sq.ft. However, in the 2024 revision, the guideline value increased to Rs 2,700 per sq.ft, marking an 8% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 8%. It is important to note that there are no figures available for this street in the revisions for the years 2002, 2003, 2007, and 2017.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that have a 2024 guideline value 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, placing the 2024 figure for Vaishnavi Nagar 8th Street 3rd Cross above the median.

Stamp duty and registration fee for property in Vaishnavi Nagar 8th Street 3rd Cross

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total to Rs 2,43,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Vaishnavi Nagar 8th Street 3rd Cross?

The Sub Registrar Office that covers Vaishnavi Nagar 8th Street 3rd Cross 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 when registering property in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which a property can be sold or purchased, ensuring transparency in property transactions.

When you buy or sell a property, the guideline value is used to calculate the stamp duty and registration fees. This ensures that all transactions are in accordance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Vaishnavi Nagar 8th Street 3rd Cross?

The current guideline value of Vaishnavi Nagar 8th Street 3rd Cross is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 2,500 per sq.ft in 2012 to Rs 2,500 per sq.ft in 2023, and then increased to Rs 2,700 per sq.ft in 2024, marking an overall increase of 8% from 2012 to 2024.

What is the land classification for Vaishnavi Nagar 8th Street 3rd Cross?

The land classification for Vaishnavi Nagar 8th Street 3rd Cross is Residential Special Type - II.

What are the stamp duty and registration fees for property transactions?

The stamp duty is calculated at 7% of the guideline value, and the registration fee is charged at 2%. For example, a 1,000 sq.ft plot would incur a total of Rs 2,43,000 in fees.

Which Sub Registrar Office covers this area?

The Ambattur Sub Registrar Office covers Vaishnavi Nagar 8th Street 3rd Cross, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.