Guideline Value for SASTHIRI NAGAR ALL STREETS, (RAILWAY LINE NORTHERN

Sasthiri Nagar All Streets, (Railway Line Northern guideline value

The current guideline value for Sasthiri Nagar All Streets, (Railway Line Northern is Rs 988 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village under the Avadi Sub Registrar Office (SRO) and is classified as Residential Class II Type - I.

How the guideline value of Sasthiri Nagar All Streets, (Railway Line Northern has changed

The guideline value for Sasthiri Nagar All Streets has undergone several revisions over the years. The earliest recorded revision is from 2012, where the guideline value was Rs 900 per sq.ft. This was followed by a decrease to Rs 603 per sq.ft in 2017. In 2023, the value increased to Rs 900 per sq.ft, and in the latest revision of 2024, it has risen to Rs 988 per sq.ft. The register has no figures for the years 2002, 2003, and 2007.

When examining the changes between these revisions, the guideline value increased by 49% from 2017 to 2023, and by 10% from 2023 to 2024. The overall change from the 2012 revision to the 2024 revision is a 10% increase. The fluctuations in the guideline value reflect adjustments made over time, with significant changes occurring in the most recent years.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 800 to Rs 2,640 per sq.ft. The median guideline value for these streets is Rs 988 per sq.ft, which is equal to the current guideline value for Sasthiri Nagar All Streets.

• Saravana Nagar: Rs 988 per sq.ft (2024)
• Saraswathy St, Cholan Nagar: Rs 988 per sq.ft (2024)
• Sanjeevi Nagar: Rs 988 per sq.ft (2024)
• Sanjai Gandhi St: Rs 800 per sq.ft (2024)
• Sandhai St (M.T.H.Road Southern Side): Rs 1,980 per sq.ft (2024)
• Salamon St, Venkateswara Nagar: Rs 800 per sq.ft (2024)

Stamp duty and registration fee for property in Sasthiri Nagar All Streets, (Railway Line Northern

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total guideline value amounts to Rs 9,88,000. The stamp duty at 7% would be Rs 69,160, and the registration fee at 2% would be Rs 19,760, bringing the total fees to Rs 88,920. 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 Sasthiri Nagar All Streets, (Railway Line Northern?

The Sasthiri Nagar All Streets are covered by 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 details.

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

The guideline value plays a crucial role when buying or selling property in Thandurai. It is used to determine the stamp duty and registration fees that are applicable during the registration process. Buyers and sellers must be aware of the guideline value to ensure compliance with local regulations and to accurately calculate the costs involved in property transactions.

When a property is registered, the guideline value is considered as a basis for calculating the fees. It is essential for buyers to understand that the fees are charged based on the higher of the guideline value or the sale price, which can affect the overall cost of purchasing a property in the area.

Frequently asked questions

What is the current guideline value for Sasthiri Nagar All Streets?

The current guideline value for Sasthiri Nagar All Streets, (Railway Line Northern is Rs 988 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, then to Rs 900 per sq.ft in 2023, and finally to Rs 988 per sq.ft in 2024. The register has no figures for the years 2002, 2003, and 2007.

What is the land classification for Sasthiri Nagar All Streets?

Sasthiri Nagar All Streets is classified as Residential Class II Type - I, indicating its designation for residential purposes.

What are the registration fees for property in Sasthiri Nagar All Streets?

The registration fees for property in Sasthiri Nagar All Streets are calculated based on the guideline value. For example, a property valued at Rs 9,88,000 would incur a stamp duty of Rs 69,160 and a registration fee of Rs 19,760.

Where can I find more information about the Avadi Sub Registrar Office?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. More details can be found by visiting the find your SRO link.