Guideline Value

Corporate

Guideline Value for Vallalar Nagar 5th Street

₹2000/sq.ft.

The guideline value for Vallalar Nagar 5th 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 ₹1273 /sq.ft.
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 5th Street

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Vallalar Nagar 5th Street guideline value

The current guideline value for Vallalar Nagar 5th Street is Rs 2,000 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village and falls under the Ambattur SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Vallalar Nagar 5th Street has changed

The guideline value for Vallalar Nagar 5th Street has undergone several revisions over the years. In 2012, the value was Rs 1,900 per sq.ft, which decreased to Rs 1,273 per sq.ft in 2017. This was a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 1,900 per sq.ft, marking a 49% rise. The most recent revision in 2024 set the guideline value at Rs 2,000 per sq.ft, reflecting a 5% increase from the previous year.

It is important to note that there are no figures available for Vallalar Nagar 5th Street for the years 2002, 2003, and 2007. The overall change in guideline value from 2012 to 2024 is an increase of 5%.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value in this village is Rs 2,400 per sq.ft, placing Vallalar Nagar 5th Street's 2024 figure below that median.

Stamp duty and registration fee for property in Vallalar Nagar 5th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,000 per sq.ft, the total guideline value amounts to Rs 20,00,000. The stamp duty, charged at 7%, would be Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, bringing the total fees to Rs 1,80,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Vallalar Nagar 5th Street?

The Sub Registrar Office that covers Vallalar Nagar 5th Street 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 details.

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

The guideline value is a crucial factor during the registration of property transactions in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, it is essential to consider the guideline value as it affects the overall cost of the transaction. Buyers should be aware that the duty is charged on the higher of the guideline value or the sale price, whichever is applicable.

Frequently asked questions

What is the current guideline value of Vallalar Nagar 5th Street?

The current guideline value of Vallalar Nagar 5th 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 to Rs 1,273 per sq.ft in 2017, then increased to Rs 1,900 per sq.ft in 2023, and finally to Rs 2,000 per sq.ft in 2024.

What is the land classification for Vallalar Nagar 5th Street?

The land classification for Vallalar Nagar 5th Street is Residential Class I Type - III.

What is the median guideline value in Thirumullaivoyal?

The median guideline value in Thirumullaivoyal is Rs 2,400 per sq.ft, which means Vallalar Nagar 5th Street's current guideline value is below this median.

Where can I calculate stamp duty and registration fees?

You can calculate stamp duty and registration fees using the stamp duty and registration fee calculator available online.