Guideline Value for AHAMATHU MEERAN SAYABU STREET

Ahamathu Meeran Sayabu Street guideline value

The current guideline value of Ahamathu Meeran Sayabu Street is Rs 1,650 per sq.ft, effective from 1 July 2024. This street is located in Chengalpattu Natham village and falls under the Chengleput Joint II SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Ahamathu Meeran Sayabu Street has changed

The guideline value for Ahamathu Meeran Sayabu Street has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 1,650 per sq.ft, an increase from Rs 1,500 per sq.ft in 2023, marking a change of +10%. Prior to that, in 2017, the value was Rs 1,005 per sq.ft, which means there was a significant increase of +49% from 2017 to 2023. The 2012 revision also recorded a value of Rs 1,500 per sq.ft, indicating a decrease of -33% when compared to the 2017 figure. Overall, from 2012 to 2024, the guideline value has increased by +10%.

The register has no figures for the years 2002, 2003, and 2007 for this street. The guideline values for the years with recorded figures are as follows: Rs 1,500 per sq.ft in 2012, Rs 1,005 per sq.ft in 2017, Rs 1,500 per sq.ft in 2023, and Rs 1,650 per sq.ft in 2024.

Guideline values in Chengalpattu Natham

In Chengalpattu Natham, there are 88 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, which means Ahamathu Meeran Sayabu Street's 2024 figure is below that median.

• Aliyar Street: Rs 2,200 per sq.ft (2024)
• Angalamman Koil Street: Rs 2,200 per sq.ft (2024)
• Annai Anjukam Nagar: Rs 1,100 per sq.ft (2024)
• Anna Salai (A) High Road: Rs 3,520 per sq.ft (2024)
• Anna Salai Ward-1: Rs 3,520 per sq.ft (2024)
• Anna Salai Ward-2: Rs 3,520 per sq.ft (2024)

Stamp duty and registration fee for property in Ahamathu Meeran Sayabu Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value amounts to Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total charges together to Rs 1,48,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more detailed computations.

Which Sub Registrar Office covers Ahamathu Meeran Sayabu Street?

The Sub Registrar Office that covers Ahamathu Meeran Sayabu Street is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Chengalpattu Natham. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

When a property is sold, the guideline value is used to calculate the necessary duties and fees, ensuring that all transactions are conducted fairly and transparently. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Ahamathu Meeran Sayabu Street?

The current guideline value for Ahamathu Meeran Sayabu Street is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2023 to Rs 1,650 per sq.ft in 2024, an increase of +10%. It was Rs 1,005 per sq.ft in 2017 and Rs 1,500 per sq.ft in 2012.

What is the land classification for Ahamathu Meeran Sayabu Street?

The land classification for Ahamathu Meeran Sayabu Street is Residential Class I Type - I.

Where can I find the registration office for Ahamathu Meeran Sayabu Street?

The registration office for Ahamathu Meeran Sayabu Street is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

How is the stamp duty calculated for property in Ahamathu Meeran Sayabu Street?

The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total guideline value is Rs 16,50,000, resulting in a stamp duty of Rs 1,15,500.