Guideline Value

Corporate

Guideline Value for Vallalar Nagar 2nd Street

₹2000/sq.ft.

The guideline value for Vallalar Nagar 2nd Street in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2000 per sq.ft, effective 1 July 2024. It was Rs 1900 per sq.ft from 1 April 2023, a 5% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹2000 /sq.ft.
From 1-4-2023 ₹1900 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹1900 /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 Vallalar Nagar 2nd Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Vallalar Nagar 2nd Street guideline value

The current guideline value of Vallalar Nagar 2nd Street is Rs 2,000 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Class I Type - III.

How the guideline value of Vallalar Nagar 2nd Street has changed

In the 2012 revision, the guideline value was Rs 1,900 per sq.ft. This figure remained unchanged in the 2023 revision. However, in the 2024 revision, the guideline value increased to Rs 2,000 per sq.ft, reflecting a 5% rise from the previous year. The register has no figures for the revisions in 2002, 2003, 2007, and 2017.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 5%. The consistent figure of Rs 1,900 per sq.ft in 2012 and 2023 indicates stability in the values during that period.

Guideline values in Thirumullaivoyal

Thirumullaivoyal has a total of 975 streets under the Ambattur SRO, with guideline values ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value in the village is Rs 2,400 per sq.ft, placing Vallalar Nagar 2nd Street's 2024 figure below that median.

Stamp duty and registration fee for property in Vallalar Nagar 2nd Street

For a 1,000 sq.ft plot at the current rate of Rs 2,000 per sq.ft, the guideline value amounts to Rs 20,00,000. The stamp duty at 7% would be Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, totaling Rs 1,80,000. 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 details.

Which Sub Registrar Office covers Vallalar Nagar 2nd Street?

The Vallalar Nagar 2nd Street 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 Thirumullaivoyal

The guideline value is essential during the registration of property transactions in Thirumullaivoyal. It serves as a benchmark for assessing the minimum value at which a property can be registered, ensuring that the transaction is documented accurately.

When buying or selling property, the guideline value impacts the stamp duty and registration fees payable. Buyers should be aware that these costs are based on the higher of the guideline value or the sale price, ensuring transparency in property dealings.

Frequently asked questions

What is the current guideline value of Vallalar Nagar 2nd Street?

The current guideline value of Vallalar Nagar 2nd Street is Rs 2,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,900 per sq.ft in 2012 and 2023 to Rs 2,000 per sq.ft in 2024, indicating a 5% increase. There are no figures available for the revisions in 2002, 2003, 2007, and 2017.

What is the land classification for Vallalar Nagar 2nd Street?

Vallalar Nagar 2nd Street is classified as Residential Class I Type - III. This classification affects the guideline value and property usage.

What are the stamp duty and registration fees for properties in Vallalar Nagar 2nd Street?

For a property valued at Rs 20,00,000, the stamp duty would be Rs 1,40,000 and the registration fee would be Rs 40,000, totaling Rs 1,80,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers Vallalar Nagar 2nd Street?

The Ambattur Sub Registrar Office covers Vallalar Nagar 2nd Street, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur - 600 053, Chennai registration zone.