Guideline Value for SANDIYA STREET

Sandiya Street guideline value

The current guideline value of Sandiya Street is Rs 440 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village, under the Avadi SRO, and falls under Residential Class III Type - III land classification.

How the guideline value of Sandiya Street has changed

The guideline value for Sandiya Street has undergone several revisions over the years. The 2017 revision set the value at Rs 268 per sq.ft, which increased to Rs 400 per sq.ft in the 2023 revision. The most recent revision in 2024 raised the guideline value to Rs 440 per sq.ft, marking a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

There are no figures available for the revisions in the years 2002, 2003, 2007, and 2012 for Sandiya Street. This lack of data highlights the significant changes that have occurred in more recent years.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 2,750 per sq.ft. The median guideline value in this area is Rs 750 per sq.ft, placing Sandiya Street's 2024 figure below that median.

• Sambangi Nagar & Streets: Rs 840 per sq.ft (2024)
• Sakthivel Nagar & Streets: Rs 750 per sq.ft (2024)
• Saraswathi Nagar & Streets & Extn: Rs 750 per sq.ft (2024)
• Sarathi Nagar: Rs 750 per sq.ft (2024)
• Sai Nagar: Rs 660 per sq.ft (2024)
• Sai Eswar Nagar: Rs 840 per sq.ft (2024)

Stamp duty and registration fee for property in Sandiya Street

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value would be Rs 4,40,000. The stamp duty at 7% would amount to Rs 30,800, while the registration fee at 2% would be Rs 8,800. Therefore, the total cost for stamp duty and registration fee would be Rs 39,600. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sandiya Street?

The Sub Registrar Office covering Sandiya Street is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Thiruninravur-A

The guideline value is a crucial factor when registering property transactions in Thiruninravur-A. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a buyer or seller engages in a property transaction, the guideline value is used to calculate the total costs involved in the registration process. This ensures that the transaction is recorded accurately and complies with the local regulations.

Frequently asked questions

What is the current guideline value of Sandiya Street?

The current guideline value of Sandiya Street is Rs 440 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased from Rs 268 per sq.ft to Rs 440 per sq.ft in 2024, which is a total increase of 64% over the seven years.

What is the median guideline value in Thiruninravur-A?

The median guideline value in Thiruninravur-A is Rs 750 per sq.ft, which is higher than the current guideline value of Sandiya Street.

Where is the Avadi Sub Registrar Office located?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for properties in Sandiya Street?

The stamp duty for properties in Sandiya Street is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would be Rs 30,800 based on the current guideline value.