Guideline Value

Corporate

Guideline Value for Vallalar Nagar 6th Street

₹2000/sq.ft.

The guideline value for Vallalar Nagar 6th 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 6th Street

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Vallalar Nagar 6th Street guideline value

The current guideline value of Vallalar Nagar 6th Street is Rs 2,000 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 I Type - III.

How the guideline value of Vallalar Nagar 6th Street has changed

The guideline value for Vallalar Nagar 6th Street has undergone several revisions over the years. In 2012, the value was Rs 1,900 per sq.ft, which then decreased to Rs 1,273 per sq.ft in 2017, marking a decline of 33%. However, from 2017 to 2023, the value saw a significant increase to Rs 1,900 per sq.ft, reflecting a rise of 49%. The most recent revision in 2024 set the guideline value at Rs 2,000 per sq.ft, which is a 5% increase from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 5%.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO, with guideline values 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 guideline value of Vallalar Nagar 6th Street below this median.

Stamp duty and registration fee for property in Vallalar Nagar 6th 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 at 7% would be Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, bringing the total fees together to Rs 1,80,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Vallalar Nagar 6th Street?

The Vallalar Nagar 6th 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 more details.

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

The guideline value is a crucial 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 need to be paid during the transaction.

When a property is sold, the guideline value is assessed to ensure that the transaction is recorded accurately, and the appropriate fees are collected. This helps maintain transparency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Vallalar Nagar 6th Street?

The current guideline value of Vallalar Nagar 6th 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 of Vallalar Nagar 6th Street?

Vallalar Nagar 6th Street is classified as Residential Class I Type - III.

What is the stamp duty for property transactions in Vallalar Nagar 6th Street?

The stamp duty for property transactions in Vallalar Nagar 6th Street is 7% of the guideline value or the sale price, whichever is higher.

Which office handles registrations for Vallalar Nagar 6th Street?

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