Guideline Value

Corporate

Guideline Value for Venkatachalam nagar 1st Main Road

₹2400/sq.ft.

The guideline value for Venkatachalam Nagar 1st Main Road in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2400 per sq.ft, effective 1 July 2024. 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 N/A
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 1st Main Road

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Venkatachalam nagar 1st Main Road guideline value

The current guideline value for Venkatachalam nagar 1st Main Road is Rs 2,400 per sq.ft. This road is located in Thirumullaivoyal village, under the Ambattur SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Venkatachalam nagar 1st Main Road has changed

The guideline value for Venkatachalam nagar 1st Main Road has seen several revisions over the years. The 2012 revision set the guideline value at Rs 2,200 per sq.ft. In the most recent 2024 revision, the value increased to Rs 2,400 per sq.ft, reflecting a change of +9% from the previous figure.

There are no figures available for the revisions in the years 2002, 2003, 2007, 2017, and 2023 for this street. Therefore, the only registered figures are from the 2012 and 2024 revisions.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that carry a 2024 guideline value. These values range from Rs 880 to Rs 5,500 per sq.ft, with a median value of Rs 2,400 per sq.ft. The guideline value for Venkatachalam nagar 1st Main Road is equal to this median.

Stamp duty and registration fee for property in Venkatachalam nagar 1st Main Road

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. Together, the total fees would be 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.

You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Venkatachalam nagar 1st Main Road?

The Sub Registrar Office that covers Venkatachalam nagar 1st Main Road is the Ambattur Sub Registrar Office. The address is 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 when registering property transactions in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the registration process.

When buying or selling property, the guideline value ensures that the government receives appropriate revenue from property transactions. Buyers and sellers should be aware of the guideline value to understand the financial implications of their property dealings.

Frequently asked questions

What is the current guideline value for Venkatachalam nagar 1st Main Road?

The current guideline value for Venkatachalam nagar 1st Main Road is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 2,200 per sq.ft in 2012 to Rs 2,400 per sq.ft in 2024, representing a change of +9%.

What are the other streets in Thirumullaivoyal with the same guideline value?

Other streets in Thirumullaivoyal with a guideline value of Rs 2,400 per sq.ft include Venkatachalam nagar 17th Street, 1 st Street, 16th Street, 2nd Main Road, 15th Street, and 2nd Street.

What is the registration fee for property transactions?

The registration fee is calculated at 2% of the guideline value. For example, for a property valued at Rs 24,00,000, the registration fee would be Rs 48,000.

Where can I find the Sub Registrar Office for Venkatachalam nagar 1st Main Road?

The Sub Registrar Office for Venkatachalam nagar 1st Main Road is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.