Guideline Value for ANNAI SATHYA NAGAR 10TH STREET

Annai Sathya Nagar 10th Street guideline value

The current guideline value of Annai Sathya Nagar 10th Street is Rs 3,800 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village and falls under the Kodambakkam SRO. The land classification for this area is Residential Class IV Type - III.

How the guideline value of Annai Sathya Nagar 10th Street has changed

Since the 2002 revision, the guideline value has seen significant changes. In 2002, the value was Rs 574 per sq.ft, which increased to Rs 631 per sq.ft in 2003. The value then rose to Rs 900 per sq.ft in 2007, followed by a substantial increase to Rs 3,500 per sq.ft in 2012. However, from 2012 to 2017, the value decreased to Rs 2,345 per sq.ft. The most recent revision in 2024 shows a guideline value of Rs 3,800 per sq.ft, reflecting a 62% increase from the 2017 figure.

Overall, from 2002 to 2024, the guideline value has increased by 562%. It is important to note that there is no figure available for the year 2023 for this street in the register.

Guideline values in Puliyur

In Puliyur, there are 648 streets under the Kodambakkam SRO that carry a 2024 guideline value ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median value for these streets is Rs 5,800 per sq.ft, which means that the 2024 guideline value of Annai Sathya Nagar 10th Street is below this median.

• Annai Sathya Nagar 11th Street: Rs 3,800 per sq.ft (2024)
• Annai Sathya Nagar 12th Street: Rs 3,800 per sq.ft (2024)
• Annai Sathya Nagar 13th Street: Rs 3,800 per sq.ft (2024)
• Annai Sathya Nagar 14th Street: Rs 3,800 per sq.ft (2024)
• Annai Sathya Nagar 1st Street: Rs 3,800 per sq.ft (2024)
• Annai Sathya Nagar 2nd Street: Rs 3,800 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Sathya Nagar 10th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,800 per sq.ft, the total guideline value would be Rs 38,00,000. The stamp duty at 7% would amount to Rs 2,66,000, and the registration fee at 2% would be Rs 76,000, bringing the total fees together to Rs 3,42,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Annai Sathya Nagar 10th Street?

The Sub Registrar Office that covers Annai Sathya Nagar 10th Street is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Puliyur. It serves as the minimum value on which stamp duty and registration fees are calculated. Buyers and sellers should be aware that the guideline value is used to determine the financial obligations associated with property transactions.

When a property is sold, the guideline value ensures that the transaction is recorded at a fair value as per government standards. This helps in maintaining transparency and uniformity in property dealings, ensuring that all parties are aware of their financial responsibilities.

Frequently asked questions

What is the current guideline value of Annai Sathya Nagar 10th Street?

The current guideline value of Annai Sathya Nagar 10th Street is Rs 3,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 574 per sq.ft in 2002 to Rs 3,800 per sq.ft in 2024, marking an overall increase of 562% over this period.

Is there a guideline value for the year 2023?

The register has no figure for Annai Sathya Nagar 10th Street for the year 2023.

What is the land classification for Annai Sathya Nagar 10th Street?

Annai Sathya Nagar 10th Street is classified as Residential Class IV Type - III.

Where is the Kodambakkam Sub Registrar Office located?

The Kodambakkam Sub Registrar Office is located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.