Guideline Value for Ettiyamman Nagar Extn AIR Back Side (S.No.208, 869, 177, 180)

Ettiyamman Nagar Extn AIR Back Side (S.No.208, 869, 177, 180) guideline value

The current guideline value of Ettiyamman Nagar Extn AIR Back Side (S.No.208, 869, 177, 180) is Rs 990 per sq.ft. This property is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Class V Type - I.

How the guideline value of Ettiyamman Nagar Extn AIR Back Side (S.No.208, 869, 177, 180) has changed

The guideline value for this street has undergone several revisions over the years. In 2012, the value was Rs 900 per sq.ft, which decreased to Rs 603 per sq.ft in 2017. However, with the latest revision in 2024, the value has increased to Rs 990 per sq.ft, marking a significant rise of 64% from the 2017 figure. Overall, from 2012 to 2024, the guideline value has seen a slight increase of 10%.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2023 for this street. This means the only revisions that affect the current guideline value are from 2012, 2017, and 2024.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO, with guideline values ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value for these streets is Rs 2,400 per sq.ft, making the current guideline value of Rs 990 per sq.ft for Ettiyamman Nagar Extn AIR Back Side below the median.

• Ettiyamman Nagar (Kamarajar Cross Street): Rs 2,200 per sq.ft (2024)
• Ettiyamman Nagar AIR Back Side (S.No.208, 869, 177, 180): Rs 990 per sq.ft (2024)
• Ettiyamman Nagar (Kamarajar Street): Rs 2,200 per sq.ft (2024)
• Ettiyamman Nagar 3rd Street: Rs 2,200 per sq.ft (2024)
• Ettiyamman Nagar (Perumal Koil Street): Rs 2,200 per sq.ft (2024)
• Ettiyamman Nagar 3rd Cross Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Ettiyamman Nagar Extn AIR Back Side (S.No.208, 869, 177, 180)

For a 1,000 sq.ft plot at the current guideline value of Rs 990 per sq.ft, the total guideline value would be Rs 9,90,000. The stamp duty at 7% would amount to Rs 69,300, and the registration fee at 2% would be Rs 19,800, bringing the total fees together to Rs 89,100. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ettiyamman Nagar Extn AIR Back Side (S.No.208, 869, 177, 180)?

The Ettiyamman Nagar Extn AIR Back Side (S.No.208, 869, 177, 180) falls under the jurisdiction of the Ambattur Sub Registrar Office. The address is 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 in the registration process of property transactions in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the state receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, it is essential to be aware of the guideline value, as it affects the financial obligations during the registration process. Buyers should ensure that the sale price meets or exceeds the guideline value to avoid any complications during registration.

Frequently asked questions

What is the current guideline value for Ettiyamman Nagar Extn AIR Back Side?

The current guideline value for Ettiyamman Nagar Extn AIR Back Side (S.No.208, 869, 177, 180) is Rs 990 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, and then increased to Rs 990 per sq.ft in 2024. This reflects a 64% increase from 2017 to 2024, and an overall increase of 10% from 2012 to 2024.

What is the land classification of this property?

The land classification for Ettiyamman Nagar Extn AIR Back Side (S.No.208, 869, 177, 180) is Residential Class V Type - I.

Which office handles registrations for this area?

The Ambattur Sub Registrar Office handles registrations for Ettiyamman Nagar Extn AIR Back Side. The office is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur- 600 053, Chennai registration zone.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For instance, a property valued at Rs 9,90,000 would incur a stamp duty of Rs 69,300 at 7% and a registration fee of Rs 19,800 at 2%.