Guideline Value for Ennur High Road

Ennur High Road guideline value

The current guideline value of Ennur High Road in Satthankadu village is Rs 3,400 per sq.ft, effective from 1 July 2024. This area falls under the Thiruvottiyur SRO and is classified as Residential Special Type - III.

How the guideline value of Ennur High Road has changed

Over the years, the guideline value of Ennur High Road has seen significant changes. The earliest recorded revision was in 2002, with a guideline value of Rs 245 per sq.ft. This value increased to Rs 283 per sq.ft in 2003, marking a 16% rise. By 2007, the guideline value surged to Rs 600 per sq.ft, representing a substantial 112% increase. The value further escalated to Rs 3,100 per sq.ft in 2012, a remarkable 417% increase from the previous revision. However, there was a decline of 33% to Rs 2,077 per sq.ft in 2017. The guideline value then increased to Rs 3,100 per sq.ft in 2023, only to rise again to the current figure of Rs 3,400 per sq.ft in 2024, reflecting a 10% increase.

Overall, from 2002 to 2024, the guideline value for Ennur High Road has increased by 1288%. There are no figures available in the register for the years not mentioned above.

Guideline values in Satthankadu

In Satthankadu, there are 71 streets under the Thiruvottiyur SRO that carry a 2024 guideline value ranging from Rs 2,200 to Rs 5,500 per sq.ft. The median value is Rs 3,400 per sq.ft, which aligns with the guideline value of Ennur High Road.

• Eluthukkaran Street: Rs 3,400 per sq.ft (2024)
• East Railway Pattai: Rs 2,200 per sq.ft (2024)
• East Cabin Road: Rs 2,200 per sq.ft (2024)
• Gandhi Nagar Street/Main Road: Rs 3,400 per sq.ft (2024)
• Ganthi Nagar Link Road: Rs 3,400 per sq.ft (2024)
• GirijaNagar: Rs 3,400 per sq.ft (2024)

Stamp duty and registration fee for property in Ennur High Road

For a 1,000 sq.ft plot at the current rate of Rs 3,400 per sq.ft, the guideline value amounts to Rs 34,00,000. The stamp duty at 7% would be Rs 2,38,000, and the registration fee at 2% would be Rs 68,000, bringing the total to Rs 3,06,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Ennur High Road?

The Sub Registrar Office that covers Ennur High Road is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can find your SRO for more information.

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

The guideline value plays a crucial role during property registration in Satthankadu. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately for taxation purposes.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees. It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with local regulations and to avoid any legal issues during the registration process.

Frequently asked questions

What is the current guideline value of Ennur High Road?

The current guideline value of Ennur High Road is Rs 3,400 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 245 per sq.ft in 2002 to Rs 3,400 per sq.ft in 2024, reflecting an overall increase of 1288% over the years.

What is the land classification for Ennur High Road?

Ennur High Road is classified as Residential Special Type - III under the Thiruvottiyur SRO.

What are the stamp duty and registration fees for property in Ennur High Road?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 3,06,000, based on the current guideline value.

Which office handles property registrations for Ennur High Road?

The Thiruvottiyur Sub Registrar Office handles property registrations for Ennur High Road, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.