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Guideline Value

Corporate

Guideline Value for kamarajar Street(senthil nagar)

₹2700/sq.ft.

The guideline value for Kamarajar Street(senthil Nagar) in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. 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 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹600 /sq.ft.
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 Kamarajar Street(senthil Nagar)

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kamarajar Street(senthil nagar) guideline value

The current guideline value of kamarajar Street(senthil nagar) is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village, under the Ambattur SRO, and is classified as Residential Special Type - II.

How the guideline value of kamarajar Street(senthil nagar) has changed

The guideline value for kamarajar Street(senthil nagar) has undergone several revisions over the years. In 2007, the guideline value was Rs 600 per sq.ft. This increased significantly to Rs 2,500 per sq.ft in 2012, marking a 317% rise. However, it saw a decrease to Rs 1,675 per sq.ft in 2017, a drop of 33%. The value then rose again to Rs 2,500 per sq.ft in 2023, and finally increased to Rs 2,700 per sq.ft in 2024, which is an 8% increase from the previous year.

There are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 350%.

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 kamarajar Street(senthil nagar) above this median.

Stamp duty and registration fee for property in kamarajar Street(senthil nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value amounts to Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, totaling Rs 2,43,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers kamarajar Street(senthil nagar)?

The kamarajar Street(senthil nagar) falls under 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 critical factor in property transactions in Thirumullaivoyal, as it determines the minimum value at which properties can be registered. This value is essential for calculating stamp duty and registration fees, which are mandatory during the sale or purchase of property.

When buying or selling property, the guideline value ensures that the transaction is recorded at a price that reflects the current market conditions, safeguarding both the buyer and seller's interests. It is advisable to check the latest guideline value before proceeding with any property transaction.

Frequently asked questions

What is the current guideline value of kamarajar Street(senthil nagar)?

The current guideline value of kamarajar Street(senthil nagar) is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 600 per sq.ft in 2007 to Rs 2,700 per sq.ft in 2024, representing an overall increase of 350% over the years.

What are the stamp duty and registration fees for properties on this street?

For a property valued at 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 the registration for kamarajar Street(senthil nagar)?

The Ambattur Sub Registrar Office handles the registration for kamarajar Street(senthil nagar) and is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What is the significance of the guideline value in property transactions?

The guideline value is crucial as it determines the minimum price for property registration and is used to calculate the stamp duty and registration fees during property transactions in Thirumullaivoyal.