Guideline Value for Devi Eswari Nagar Extention

Devi Eswari Nagar Extention guideline value

The current guideline value for Devi Eswari Nagar Extention is Rs 1,800 per sq.ft, effective from 1 July 2024. This area is located in Thirumullaivoyal village, under the Ambattur SRO, and is classified as Residential Class II Type - II.

How the guideline value of Devi Eswari Nagar Extention has changed

The guideline value for Devi Eswari Nagar Extention has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 1,800 per sq.ft, an increase from the 2012 revision which was Rs 1,700 per sq.ft, reflecting a change of +6%. The register has no figures for the revisions in 2023, 2017, 2007, 2003, and 2002.

Prior to the 2012 revision, the guideline values were not specified for this street in the register. The 2024 value of Rs 1,800 per sq.ft is currently below the median value of Rs 2,400 per sq.ft for the 975 streets in Thirumullaivoyal under the Ambattur SRO.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, the guideline values range from Rs 880 to Rs 5,500 per sq.ft, with a median of Rs 2,400 per sq.ft. Devi Eswari Nagar Extention's 2024 figure is below this median. Here are some other streets in Thirumullaivoyal:

• Devi Eswari Nagar: Rs 1,900 per sq.ft (2024)
• Dhanalakshmi Colony: Rs 2,400 per sq.ft (2024)
• Dharmasastha Street (Sri nagar Colony): Rs 2,700 per sq.ft (2024)
• Doctor Annebesant Street (Sri nagar Colony): Rs 2,700 per sq.ft (2024)
• Colapuram Ibrahim street Extn: Rs 2,400 per sq.ft (2024)
• Cholapuram Vaigai Street: Rs 2,400 per sq.ft (2024)

Stamp duty and registration fee for property in Devi Eswari Nagar Extention

For a 1,000 sq.ft plot at the current rate of Rs 1,800 per sq.ft, the guideline value would be Rs 18,00,000. The stamp duty at 7% would amount to Rs 1,26,000, and the registration fee at 2% would be Rs 36,000, totaling Rs 1,62,000. 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 details.

Which Sub Registrar Office covers Devi Eswari Nagar Extention?

The Sub Registrar Office that covers Devi Eswari Nagar Extention 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 during the registration of property transactions in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when buying or selling property.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Devi Eswari Nagar Extention?

The current guideline value for Devi Eswari Nagar Extention is Rs 1,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,700 per sq.ft in 2012 to Rs 1,800 per sq.ft in 2024, reflecting a +6% increase. There are no figures available for the revisions in 2023, 2017, 2007, 2003, and 2002.

What is the land classification for Devi Eswari Nagar Extention?

Devi Eswari Nagar Extention is classified as Residential Class II Type - II.

Where can I find more information about stamp duty and registration fees?

You can find more information about stamp duty and registration fees using the stamp duty and registration fee calculator.

Which office handles the registration for Devi Eswari Nagar Extention?

The Ambattur Sub Registrar Office handles the registration for Devi Eswari Nagar Extention, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.