Guideline Value

Corporate

Guideline Value for Venugopal Nagar Main Road

₹2700/sq.ft.

The guideline value for Venugopal Nagar Main Road in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹2700 /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 ₹2500 /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 Venugopal Nagar Main Road

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Venugopal Nagar Main Road guideline value

The current guideline value of Venugopal Nagar Main Road is Rs 2,700 per sq.ft, effective from 1 July 2024. This road is located in Thirumullaivoyal village under the Ambattur SRO, and the land classification is Residential Special Type - II.

How the guideline value of Venugopal Nagar Main Road has changed

The guideline value for Venugopal Nagar Main Road has seen several revisions over the years. The earliest available revision is from 2012, where the value was Rs 2,500 per sq.ft. In the 2024 revision, the guideline value increased to Rs 2,700 per sq.ft, marking an 8% increase from the 2012 figure. The register has no figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

Thus, the only available figures for Venugopal Nagar Main Road are from 2012 and 2024. The transition from Rs 2,500 in 2012 to Rs 2,700 in 2024 indicates a significant change in the guideline value over this period.

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, placing Venugopal Nagar Main Road's 2024 value above this median.

Stamp duty and registration fee for property in Venugopal Nagar Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value would be Rs 27,00,000. The stamp duty at 7% would amount to Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, making the total charges Rs 2,43,000. 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 detailed calculations.

Which Sub Registrar Office covers Venugopal Nagar Main Road?

The Sub Registrar Office that covers Venugopal Nagar 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 more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thirumullaivoyal. It is used to determine the stamp duty and registration fees that need to be paid during the transaction. This ensures that the government receives the appropriate revenue from property transactions.

When a property is sold, the guideline value is compared with the sale price, and the duty is charged on whichever amount is higher. This practice helps maintain transparency and standardization in property transactions within the region.

Frequently asked questions

What is the current guideline value of Venugopal Nagar Main Road?

The current guideline value of Venugopal Nagar Main Road is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 2,500 per sq.ft in 2012 to Rs 2,700 per sq.ft in 2024, reflecting an 8% increase. There are no figures available for the years 2023, 2017, 2007, 2003, and 2002 for this street.

What is the median guideline value in Thirumullaivoyal?

The median guideline value for streets in Thirumullaivoyal is Rs 2,400 per sq.ft. Venugopal Nagar Main Road's guideline value is above this median.

What are the stamp duty and registration fees for a property in Venugopal Nagar Main Road?

For a 1,000 sq.ft plot at the guideline value of Rs 2,700 per sq.ft, the total guideline value would be Rs 27,00,000. The stamp duty would be Rs 1,89,000, and the registration fee would be Rs 54,000, totaling Rs 2,43,000.

Which office handles registrations for Venugopal Nagar Main Road?

The Ambattur Sub Registrar Office handles registrations for Venugopal Nagar Main Road, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.