Guideline Value for SENTHAMIZH NAGAR

Senthamizh Nagar guideline value

The current guideline value of Senthamizh Nagar, located in Anumandhapuram village under the Chengleput Joint II SRO, is Rs 400 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class II Type - III land classification.

How the guideline value of Senthamizh Nagar has changed

Since the register has no figure for Senthamizh Nagar in the years 2002, 2003, 2007, 2012, and 2017, we can only consider the revisions from 2023 and 2024. The guideline value was Rs 400 per sq.ft for both the 2023 and 2024 revisions, indicating no change in value between these two years.

The 2024 revision reflects a consistent guideline value of Rs 400 per sq.ft, which was the same as the previous year's figure. This stability suggests that the value for Senthamizh Nagar has remained unchanged over the last two revisions.

Guideline values in Anumandhapuram

In Anumandhapuram, there are 12 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 1,200 per sq.ft. The median guideline value for these streets is Rs 402 per sq.ft, placing Senthamizh Nagar's value below the median.

• Shridi Sai Nagar: Rs 402 per sq.ft (2024)
• Veerabathira Nagar: Rs 401 per sq.ft (2024)
• M.M.Nagar: Rs 700 per sq.ft (2024)
• Viswanatha Puram: Rs 401 per sq.ft (2024)
• V P Swamy Nagar: Rs 200 per sq.ft (2024)
• Kanaga Raman Avenue: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Senthamizh Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total fees together to Rs 36,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Senthamizh Nagar?

The Sub Registrar Office that covers Senthamizh Nagar is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the 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 Anumandhapuram

The guideline value is an essential factor in the registration process when buying or selling property in Anumandhapuram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is used to calculate the applicable fees based on the property's size and location. This ensures that the transaction is documented accurately and that the necessary taxes are collected by the government.

Frequently asked questions

What is the current guideline value of Senthamizh Nagar?

The current guideline value of Senthamizh Nagar is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 400 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value in Anumandhapuram?

The median guideline value for the streets in Anumandhapuram is Rs 402 per sq.ft. Senthamizh Nagar's guideline value is below this median.

What fees are associated with buying property in Senthamizh Nagar?

When buying property in Senthamizh Nagar, the fees include stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur a total fee of Rs 36,000.

Where can I find the Sub Registrar Office for Senthamizh Nagar?

The Sub Registrar Office for Senthamizh Nagar is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more information about your SRO through the provided link.