Guideline Value for SATHYAVANI MUTHU NAGAR 11TH STREET

Sathyavani Muthu Nagar 11th Street guideline value

The current guideline value for Sathyavani Muthu Nagar 11th Street is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Perambur village under the Purasaivakkam SRO, and it falls under the Residential Class III Type - II land classification.

How the guideline value of Sathyavani Muthu Nagar 11th Street has changed

The guideline value register shows that there are no figures for Sathyavani Muthu Nagar 11th Street in the years 2023, 2017, 2012, 2007, 2003, and 2002. The only available figure is from the 2024 revision, which is Rs 2,700 per sq.ft.

Since there are no figures for the previous revisions, there are no changes to report between the revisions. The current value is aligned with the median guideline value for streets in Perambur.

Guideline values in Perambur

In Perambur, there are a total of 1114 streets under the Purasaivakkam SRO that carry a 2024 guideline value, ranging from Rs 1,600 to Rs 7,100 per sq.ft. The median value is Rs 2,700 per sq.ft, which is the same as the guideline value for Sathyavani Muthu Nagar 11th Street.

• Sathyavani Muthu Nagar 10th Street: Rs 2,700 per sq.ft (2024)
• Sathyavani Muthu Nagar 12th Street: Rs 2,700 per sq.ft (2024)
• Sathyavani Muthu Nagar 13th Street: Rs 2,700 per sq.ft (2024)
• Sathyavani Muthu Nagar 14th Street: Rs 2,700 per sq.ft (2024)
• Sathyavani Muthu Nagar 15th Street: Rs 2,700 per sq.ft (2024)
• Sathya Vani Muthu Nagar 16th Street: Rs 2,700 per sq.ft (2024)

Stamp duty and registration fee for property in Sathyavani Muthu Nagar 11th Street

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, totaling Rs 2,43,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sathyavani Muthu Nagar 11th Street?

The Sub Registrar Office that covers Sathyavani Muthu Nagar 11th Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for more information.

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

The guideline value is an important factor during the registration of property transactions in Perambur. It helps determine the stamp duty and registration fees that need to be paid, ensuring that the government receives the appropriate revenue from property sales.

When buying or selling property, the guideline value serves as a benchmark for assessing the value of the property. It is crucial for both buyers and sellers to be aware of the current guideline value to facilitate a smooth transaction process.

Frequently asked questions

What is the current guideline value for Sathyavani Muthu Nagar 11th Street?

The current guideline value for Sathyavani Muthu Nagar 11th Street is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There are no figures available for Sathyavani Muthu Nagar 11th Street for the years 2023, 2017, 2012, 2007, 2003, and 2002. The only available figure is from the 2024 revision.

What is the median guideline value in Perambur?

The median guideline value in Perambur is Rs 2,700 per sq.ft, which is the same as the current value for Sathyavani Muthu Nagar 11th Street.

What are the stamp duty and registration fees for properties in this area?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 2,43,000, based on the current guideline value of Rs 27,00,000.

Which office handles property registrations for Sathyavani Muthu Nagar 11th Street?

The Purasaivakkam Sub Registrar Office handles property registrations for Sathyavani Muthu Nagar 11th Street, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.