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Guideline Value

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Guideline Value for Vaishnavi Nagar 8th Street 6th Cross

₹2700/sq.ft.

The guideline value for Vaishnavi Nagar 8th Street 6th 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 ₹1675 /sq.ft.
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 6th Cross

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Vaishnavi Nagar 8th Street 6th Cross guideline value

The current guideline value of Vaishnavi Nagar 8th Street 6th Cross is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Special Type - II.

How the guideline value of Vaishnavi Nagar 8th Street 6th Cross has changed

In the 2012 revision, the guideline value was Rs 2,500 per sq.ft. This figure remained the same until the 2017 revision, where it decreased to Rs 1,675 per sq.ft, marking a change of -33%. The value then increased significantly to Rs 2,500 per sq.ft in the 2023 revision, followed by another increase to Rs 2,700 per sq.ft in the 2024 revision, which is an increase of 8%.

From the 2017 revision to the 2023 revision, the guideline value rose by 49%. Overall, from 2012 to 2024, there has been an increase of 8%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO with a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft, with a median of Rs 2,400 per sq.ft. The guideline value of Vaishnavi Nagar 8th Street 6th Cross is above this median.

Stamp duty and registration fee for property in Vaishnavi Nagar 8th Street 6th Cross

For a 1,000 sq.ft plot at the current rate of Rs 2,700 per sq.ft, the guideline value would be 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, totaling Rs 2,43,000. 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 information.

Which Sub Registrar Office covers Vaishnavi Nagar 8th Street 6th Cross?

The Sub Registrar Office covering Vaishnavi Nagar 8th Street 6th 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 online.

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

The guideline value is used as a benchmark for property transactions in Thirumullaivoyal. When buying or selling property, the guideline value helps determine the stamp duty and registration fees applicable to the transaction.

It is essential to consider the guideline value when registering property, as it influences the overall cost involved in the transaction. Buyers and sellers should be aware of the current guideline value to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Vaishnavi Nagar 8th Street 6th Cross?

The current guideline value of Vaishnavi Nagar 8th Street 6th Cross is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2012, the guideline value has seen various changes, starting from Rs 2,500 per sq.ft in 2012, decreasing to Rs 1,675 per sq.ft in 2017, and then rising to Rs 2,500 per sq.ft in 2023, and finally reaching Rs 2,700 per sq.ft in 2024.

What is the classification of land in Vaishnavi Nagar 8th Street 6th Cross?

The land classification for Vaishnavi Nagar 8th Street 6th Cross is Residential Special Type - II.

What are the stamp duty and registration fees for property in this area?

The stamp duty is charged at 7% of the guideline value, while the registration fee is 2%. For a property valued at Rs 27,00,000, the total fees would amount to Rs 2,43,000.

Which office handles the registration for this street?

The Ambattur Sub Registrar Office handles the registration for Vaishnavi Nagar 8th Street 6th Cross, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.