Guideline Value for SRI KANNIYAMMAN NAGAR

Sri Kanniyamman Nagar guideline value

The current guideline value of Sri Kanniyamman Nagar is Rs 126 per sq.ft, as per the 2023 revision. This area falls under Bearathur village and is registered with the Tiruvallur Joint 1 SRO. The land classification for this locality is Residential Class IV Type - III.

How the guideline value of Sri Kanniyamman Nagar has changed

Looking at the historical revisions, the guideline value for Sri Kanniyamman Nagar has been recorded in the 2023 revision at Rs 126 per sq.ft. There are no figures available for the previous revisions in 2024, 2017, 2012, 2007, 2003, and 2002, indicating that the register has no figure for this street in those years.

Since the 2023 revision is the only recorded figure, there have been no changes in the guideline value for Sri Kanniyamman Nagar between the revisions listed above. Thus, the current guideline value stands alone without any prior figures for comparison.

Guideline values in Bearathur

Currently, no specific village figures are provided for Bearathur. Sri Kanniyamman Nagar is among the streets in Bearathur that fall under the Tiruvallur Joint 1 SRO. There are no other streets in Bearathur listed with figures.

Stamp duty and registration fee for property in Sri Kanniyamman Nagar

For a 1,000 sq.ft plot at the current rate of Rs 126 per sq.ft, the guideline value amounts to Rs 1,26,000. The stamp duty at 7% would be Rs 8,820, and the registration fee at 2% would be Rs 2,520, resulting in a total of Rs 11,340. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Kanniyamman Nagar?

The Sub Registrar Office that covers Sri Kanniyamman Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Bearathur. 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 compared to the sale price, and the higher of the two is used for calculating the applicable duties. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Sri Kanniyamman Nagar?

The current guideline value of Sri Kanniyamman Nagar is Rs 126 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Sri Kanniyamman Nagar has only been recorded in the 2023 revision. There are no figures available for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Sri Kanniyamman Nagar?

Sri Kanniyamman Nagar is classified as Residential Class IV Type - III. This classification determines the type of development permissible in the area.

What are the stamp duty and registration fees for properties in Sri Kanniyamman Nagar?

The stamp duty is calculated at 7% of the guideline value, while the registration fee is 2%. For example, on a 1,000 sq.ft plot, the total fees would amount to Rs 11,340.

Where can I find the Sub Registrar Office for Sri Kanniyamman Nagar?

The Sub Registrar Office for Sri Kanniyamman Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.