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Guideline Value

Corporate

Guideline Value for Vallalar Street (Ward No 7)

₹2000/sq.ft.

The guideline value for Vallalar Street (ward No 7) in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2000 per sq.ft, effective 1 July 2024. 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 N/A
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 Street (ward No 7)

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Vallalar Street (Ward No 7) guideline value

The current guideline value of Vallalar Street (Ward No 7) 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 Street (Ward No 7) has changed

Over the years, the guideline value of Vallalar Street (Ward No 7) has seen several revisions. The 2012 revision set the value at Rs 1,900 per sq.ft, which decreased to Rs 1,273 per sq.ft in 2017, marking a decline of 33%. However, the 2024 revision increased the value to Rs 2,000 per sq.ft, reflecting a significant increase of 57% from the 2017 figure.

When considering the overall changes, from the 2012 revision to the 2024 revision, the guideline value has increased by 5%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2023 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. The median value for these streets is Rs 2,400 per sq.ft, making Vallalar Street's current guideline value below this median.

Stamp duty and registration fee for property in Vallalar Street (Ward No 7)

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, bringing the total to Rs 1,80,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Vallalar Street (Ward No 7)?

The Sub Registrar Office covering Vallalar Street (Ward No 7) 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 in property transactions in Thirumullaivoyal, as it determines the minimum value at which properties can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When registering a property, the guideline value is used to calculate the stamp duty and registration fees. It is essential for both parties to be aware of the current guideline value to avoid any discrepancies during the sale or purchase of property.

Frequently asked questions

What is the current guideline value of Vallalar Street (Ward No 7)?

The current guideline value of Vallalar Street (Ward No 7) 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, and then increased to Rs 2,000 per sq.ft in 2024. Overall, from 2012 to 2024, there has been a 5% increase.

What is the land classification for Vallalar Street (Ward No 7)?

Vallalar Street (Ward No 7) is classified as Residential Class I Type - III.

Where can I find the registration office for Vallalar Street (Ward No 7)?

The registration office for Vallalar Street (Ward No 7) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What are the stamp duty and registration fees for property in Vallalar Street (Ward No 7)?

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. Duty is charged on the higher of the guideline value or the sale price.