Guideline Value for M SUBRAMANIAM STRET

M Subramaniam Stret guideline value

The current guideline value of M Subramaniam Stret is Rs 825 per sq.ft, effective from 1 July 2024. This street is located in Tiruttani village, under the Thiruttani SRO, and is classified as Residential Class III Type - I.

How the guideline value of M Subramaniam Stret has changed

The guideline value for M Subramaniam Stret has seen several revisions over the years. The 2017 revision recorded a value of Rs 502 per sq.ft, which increased to Rs 750 per sq.ft in 2023. The most recent revision in 2024 has set the value at Rs 825 per sq.ft, marking a 10% increase from the previous year. Notably, the overall increase from the 2017 revision to the 2024 revision is 64%.

It is important to note that the register does not have figures for the years 2002, 2003, 2007, and 2012 for this street. Thus, the only available revisions are from 2017, 2023, and 2024.

Guideline values in Tiruttani

In Tiruttani, there are 160 streets under the Thiruttani SRO that carry a 2024 guideline value, ranging from Rs 548 to Rs 1,540 per sq.ft. The median value for these streets is Rs 825 per sq.ft, which is equal to the guideline value of M Subramaniam Stret.

• Murugappa Nagar: Rs 988 per sq.ft (2024)
• Murugappa Nagar Lane: Rs 550 per sq.ft (2024)
• Murugur: Rs 550 per sq.ft (2024)
• Muslim Street: Rs 825 per sq.ft (2024)
• Mgr Nagar Street: Rs 770 per sq.ft (2024)
• Mgr Nagar 8th Lane: Rs 770 per sq.ft (2024)

Stamp duty and registration fee for property in M Subramaniam Stret

For a 1,000 sq.ft plot at the current guideline value of Rs 825 per sq.ft, the total guideline value amounts to Rs 8,25,000. The stamp duty at 7% would be Rs 57,750, and the registration fee at 2% would be Rs 16,500, making the total cost for these fees Rs 74,250. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers M Subramaniam Stret?

The Sub Registrar Office covering M Subramaniam Stret is the Thiruttani Sub Registrar Office, located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Tiruttani. It serves as a basis for calculating the stamp duty and registration fees, ensuring that these costs are aligned with the official valuation of the property.

Frequently asked questions

What is the current guideline value of M Subramaniam Stret?

The current guideline value of M Subramaniam Stret is Rs 825 per sq.ft, effective from 1 July 2024.

What were the previous guideline values for M Subramaniam Stret?

The guideline values for M Subramaniam Stret were Rs 502 per sq.ft in 2017 and Rs 750 per sq.ft in 2023.

How much has the guideline value changed from 2017 to 2024?

The guideline value has increased by 64% from Rs 502 per sq.ft in 2017 to Rs 825 per sq.ft in 2024.

What is the stamp duty rate for properties in M Subramaniam Stret?

The stamp duty rate for properties in M Subramaniam Stret is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Thiruttani Sub Registrar Office?

The Thiruttani Sub Registrar Office is located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone.