Guideline Value for D-Block, 6th Street

D-Block, 6th Street guideline value

The current guideline value of D-Block, 6th Street in Periakudal village is Rs 11,500 per sq.ft, effective from the 2024 revision. This street falls under the AnnaNagar SRO and is classified as Residential Special Type - I.

How the guideline value of D-Block, 6th Street has changed

Over the years, the guideline value of D-Block, 6th Street has seen several revisions. The earliest recorded figure is from 2007, which was Rs 10,000 per sq.ft. This increased to Rs 10,500 per sq.ft in 2012, but then decreased to Rs 7,035 per sq.ft in 2017. Following this, the value rose significantly to Rs 10,500 per sq.ft in 2023, and then further increased to the current rate of Rs 11,500 per sq.ft in 2024, marking a 10% increase from the previous year.

In total, from 2007 to 2024, the guideline value has increased by 15%. It is important to note that there are no figures available for the years 2002 and 2003 for this street.

Guideline values in Periakudal

In Periakudal, there are 101 streets under the AnnaNagar SRO that carry a 2024 guideline value, ranging from Rs 3,300 to Rs 23,553 per sq.ft. The median value is Rs 11,500 per sq.ft, which is the same as the current guideline value for D-Block, 6th Street.

• D-Block, 5th Street: Rs 11,500 per sq.ft (2024)
• D-Block, 7th Street: Rs 11,500 per sq.ft (2024)
• D-Block, 4th Street: Rs 11,500 per sq.ft (2024)
• D-Block, 8th Street: Rs 11,500 per sq.ft (2024)
• D-Block, 3rd Street: Rs 11,500 per sq.ft (2024)
• D- Block, 2nd Avenue, X 74, 75, 632B, 679, 697 to 702: Rs 15,900 per sq.ft (2024)

Stamp duty and registration fee for property in D-Block, 6th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 11,500 per sq.ft, the total guideline value amounts to Rs 1,15,00,000. The stamp duty at 7% would be Rs 8,05,000, and the registration fee at 2% would be Rs 2,30,000, making the total fees Rs 10,35,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers D-Block, 6th Street?

The Sub Registrar Office that covers D-Block, 6th Street is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Periakudal, as it determines the minimum value at which properties can be registered. When buying or selling property, the guideline value helps establish the stamp duty and registration fees that need to be paid to the government.

It is essential for buyers and sellers to be aware of the current guideline value, as it can affect the overall cost of the transaction. The registration process relies heavily on these values to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of D-Block, 6th Street?

The current guideline value of D-Block, 6th Street is Rs 11,500 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 10,000 per sq.ft in 2007 to Rs 11,500 per sq.ft in 2024, with several revisions in between, including a decrease in 2017.

Which Sub Registrar Office covers D-Block, 6th Street?

The AnnaNagar Sub Registrar Office covers D-Block, 6th Street, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

What is the stamp duty on property in D-Block, 6th Street?

The stamp duty on property in D-Block, 6th Street is 7% of the guideline value or sale price, whichever is higher.

What are the other streets in Periakudal with similar guideline values?

Other streets in Periakudal, such as D-Block, 5th Street, D-Block, 7th Street, D-Block, 4th Street, D-Block, 8th Street, and D-Block, 3rd Street, all share the same guideline value of Rs 11,500 per sq.ft in 2024.