Guideline Value

Corporate

Guideline Value for Venkatachalam nagar 2nd Main Road

₹2400/sq.ft.

The guideline value for Venkatachalam Nagar 2nd Main Road 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 2nd Main Road

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Venkatachalam nagar 2nd Main Road guideline value

The current guideline value of Venkatachalam nagar 2nd Main Road is Rs 2,400 per sq.ft, effective from 1 July 2024. This road is located in Thirumullaivoyal village, under the Ambattur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Venkatachalam nagar 2nd Main Road has changed

The guideline value for Venkatachalam nagar 2nd Main Road has seen several revisions over the years. The 2012 revision set the value at Rs 2,200 per sq.ft, which remained unchanged until the 2023 revision, where it was again Rs 2,200 per sq.ft. However, in the 2024 revision, the value increased to Rs 2,400 per sq.ft, reflecting a 9% increase from the previous year.

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

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 current value of Venkatachalam nagar 2nd Main Road.

Stamp duty and registration fee for property in Venkatachalam nagar 2nd 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, resulting in a total of Rs 2,16,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Venkatachalam nagar 2nd Main Road?

The Sub Registrar Office that covers Venkatachalam nagar 2nd 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. You can find your SRO for further assistance.

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

The guideline value is a critical 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 registered, the guideline value is compared with the sale price to establish which amount will be used for calculating the applicable duties. This ensures that the government receives the appropriate revenue based on the established values.

Frequently asked questions

What is the current guideline value of Venkatachalam nagar 2nd Main Road?

The current guideline value of Venkatachalam nagar 2nd 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 has increased from Rs 2,200 per sq.ft in 2012 to Rs 2,400 per sq.ft in 2024, reflecting an overall increase of 9% over this period.

What is the stamp duty rate for properties in Thirumullaivoyal?

The stamp duty rate for properties in Thirumullaivoyal is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Venkatachalam nagar 2nd Main Road located?

The Sub Registrar Office for Venkatachalam nagar 2nd Main Road is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What is the median guideline value for streets in Thirumullaivoyal?

The median guideline value for streets in Thirumullaivoyal is Rs 2,400 per sq.ft, which is the same as the current guideline value for Venkatachalam nagar 2nd Main Road.