Guideline Value for Pari Nagar Mullai 2nd Cross Street

Pari Nagar Mullai 2nd Cross Street guideline value

The current guideline value of Pari Nagar Mullai 2nd Cross Street is Rs 2,350 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village under the Pammal SRO and is classified as Residential Class III Type - I.

How the guideline value of Pari Nagar Mullai 2nd Cross Street has changed

The guideline value for Pari Nagar Mullai 2nd Cross Street has seen several revisions over the years. The oldest recorded revision was in 2017, where the guideline value was Rs 1,407 per sq.ft. This increased to Rs 2,099 per sq.ft in the 2023 revision, marking a significant rise of 49%. The latest revision in 2024 set the guideline value at Rs 2,350 per sq.ft, which is a 12% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 67%. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median value is Rs 1,980 per sq.ft, placing Pari Nagar Mullai 2nd Cross Street's 2024 figure above this median.

• Pari Nagar Mullai 1st Cross street: Rs 2,350 per sq.ft (2024)
• Pari Nagar Mullai Street: Rs 2,350 per sq.ft (2024)
• Pari Nagar Lakshmi Street: Rs 2,350 per sq.ft (2024)
• Pari Nagar Pilliyar Koil Street: Rs 2,350 per sq.ft (2024)
• Pari Nagar Lakshmi Cross Street: Rs 2,350 per sq.ft (2024)
• Pari Nagar Vallalar Street: Rs 2,350 per sq.ft (2024)

Stamp duty and registration fee for property in Pari Nagar Mullai 2nd Cross Street

For a 1,000 sq.ft plot at the current rate, the guideline value would be Rs 23,50,000. The stamp duty at 7% would amount to Rs 1,64,500, while the registration fee at 2% would be Rs 47,000, bringing the total to Rs 2,11,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Pari Nagar Mullai 2nd Cross Street?

The Sub Registrar Office that covers Pari Nagar Mullai 2nd Cross Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, within the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process when buying or selling property in Anakaputhur. It is used to determine the stamp duty and registration fees that must be paid to the government. Buyers should be aware that the guideline value can differ from the actual sale price of the property.

When registering a property, the authorities will assess the guideline value to ensure that the correct fees are collected. This ensures transparency and compliance with local regulations, making it essential for both buyers and sellers to understand the guideline value applicable to their property.

Frequently asked questions

What is the current guideline value of Pari Nagar Mullai 2nd Cross Street?

The current guideline value of Pari Nagar Mullai 2nd Cross Street is Rs 2,350 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,407 per sq.ft in 2017 to Rs 2,350 per sq.ft in 2024, marking an overall increase of 67% over this period.

What are the other streets in Anakaputhur with the same guideline value?

Other streets in Anakaputhur that share the same guideline value of Rs 2,350 per sq.ft in 2024 include Pari Nagar Mullai 1st Cross street, Pari Nagar Mullai Street, Pari Nagar Lakshmi Street, Pari Nagar Pilliyar Koil Street, Pari Nagar Lakshmi Cross Street, and Pari Nagar Vallalar Street.

What fees are associated with buying property in Pari Nagar Mullai 2nd Cross Street?

When buying property, you will need to pay stamp duty at 7% and a registration fee at 2% based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Pari Nagar Mullai 2nd Cross Street?

The Sub Registrar Office for Pari Nagar Mullai 2nd Cross Street is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, within the Chengalpattu registration zone.