Guideline Value for SANNATHI SANTHU STREET

Sannathi Santhu Street guideline value

The current guideline value of Sannathi Santhu Street is Rs 770 per sq.ft, effective from 1 July 2024. This street is located in Thiruporur village, under the Thiruporur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Sannathi Santhu Street has changed

The guideline value for Sannathi Santhu Street has seen several revisions over the years. In 2012, the value was Rs 700 per sq.ft, which then decreased to Rs 469 per sq.ft in 2017. This represented a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 700 per sq.ft, marking a rise of 49%. The latest revision in 2024 sees the guideline value at Rs 770 per sq.ft, which is a 10% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Thiruporur

In Thiruporur village, there are 31 streets under the Thiruporur SRO that carry a 2024 guideline value, ranging from Rs 495 to Rs 4,500 per sq.ft. The median guideline value is Rs 880 per sq.ft, which means that Sannathi Santhu Street's 2024 figure is below this median.

• Sannathi Street: Rs 880 per sq.ft (2024)
• Santror Street: Rs 770 per sq.ft (2024)
• Sabapathy Pathar Street: Rs 880 per sq.ft (2024)
• South Mada Street: Rs 880 per sq.ft (2024)
• Sowbaghiya Nagar: Rs 880 per sq.ft (2024)
• Police Line Street: Rs 880 per sq.ft (2024)

Stamp duty and registration fee for property in Sannathi Santhu Street

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value amounts to Rs 7,70,000. The stamp duty at 7% would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, bringing the total fees together to Rs 69,300. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Sannathi Santhu Street?

The Sub Registrar Office that covers Sannathi Santhu Street is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruporur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is used to calculate the fees, ensuring that they are based on a standardized valuation set by the authorities. This helps maintain transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value of Sannathi Santhu Street?

The current guideline value of Sannathi Santhu Street is Rs 770 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2012 to Rs 469 per sq.ft in 2017, then increased to Rs 700 per sq.ft in 2023, and finally to Rs 770 per sq.ft in 2024.

What is the land classification for Sannathi Santhu Street?

Sannathi Santhu Street is classified as Residential Class II Type - I.

What are the stamp duty and registration fees for a property here?

For a 1,000 sq.ft plot, the total guideline value is Rs 7,70,000. The stamp duty would be Rs 53,900, and the registration fee would be Rs 15,400, totaling Rs 69,300.

Which office handles registrations for this street?

The Thiruporur Sub Registrar Office handles registrations for Sannathi Santhu Street, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.