Guideline Value

Corporate

Guideline Value for Venkatachalam nagar 13th Street

₹2400/sq.ft.

The guideline value for Venkatachalam Nagar 13th Street in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2400 per sq.ft, effective 1 July 2024. It was Rs 2200 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2400 /sq.ft.
From 1-4-2023 ₹2200 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹2200 /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 Venkatachalam Nagar 13th Street

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Venkatachalam nagar 13th Street guideline value

The current guideline value for Venkatachalam nagar 13th Street is Rs 2,400 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 - I.

How the guideline value of Venkatachalam nagar 13th Street has changed

The guideline value for Venkatachalam nagar 13th Street has seen several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 2,400 per sq.ft, an increase of 9% from the 2023 revision, which was Rs 2,200 per sq.ft. The 2012 revision also recorded a value of Rs 2,200 per sq.ft, indicating no change from 2012 to 2023.

Prior to the 2012 revision, there are no figures available for the years 2002, 2003, 2007, and 2017 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 9%.

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 for these streets is Rs 2,400 per sq.ft, which is equal to the guideline value of Venkatachalam nagar 13th Street.

Stamp duty and registration fee for property in Venkatachalam nagar 13th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value would be Rs 24,00,000. The stamp duty at 7% would amount to Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, bringing the total cost for these fees to Rs 2,16,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details on fees, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Venkatachalam nagar 13th Street?

The Sub Registrar Office that covers Venkatachalam nagar 13th 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 information.

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

The guideline value is a crucial factor when registering property transactions in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the property is not sold for less than its assessed value.

When you buy or sell property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs associated with property transactions. This ensures transparency and fairness in the property registration process.

Frequently asked questions

What is the current guideline value of Venkatachalam nagar 13th Street?

The current guideline value of Venkatachalam nagar 13th Street is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased by 9% from Rs 2,200 per sq.ft in 2023 to Rs 2,400 per sq.ft in 2024. From 2012 to 2024, the overall increase is also 9%.

What is the land classification for Venkatachalam nagar 13th Street?

Venkatachalam nagar 13th Street is classified as Residential Class I Type - I.

Where can I find the Sub Registrar Office for Venkatachalam nagar 13th Street?

The Sub Registrar Office for Venkatachalam nagar 13th Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 24,00,000, the stamp duty would be calculated at 7% of that amount.