Guideline Value for SRI LAKSHMI SRINIVASA NAGAR

Sri Lakshmi Srinivasa Nagar guideline value

The current guideline value of Sri Lakshmi Srinivasa Nagar is Rs 100 per sq.ft, effective from 1 July 2024. This area is located in Ammambakkam village and falls under the Oothukkottai SRO. The land classification is Residential Class I Type - I.

How the guideline value of Sri Lakshmi Srinivasa Nagar has changed

The guideline value for Sri Lakshmi Srinivasa Nagar has remained consistent in recent revisions. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 100 per sq.ft, which remained unchanged in the 2024 revision.

From 2023 to 2024, there was a change of +0%, maintaining the guideline value at Rs 100 per sq.ft. Therefore, the guideline value has not fluctuated in the last two revisions.

Guideline values in Ammambakkam

Ammambakkam has 14 streets under the Oothukkottai SRO with guideline values ranging from Rs 100 to Rs 150 per sq.ft, with a median of Rs 100 per sq.ft. Sri Lakshmi Srinivasa Nagar's 2024 figure aligns with this median.

• Sri Sai Nagar: Rs 100 per sq.ft (2024)
• Sree Balaji Nagar: Rs 100 per sq.ft (2024)
• Sri Thirumalai Nagar: Rs 100 per sq.ft (2024)
• Sathish Nagar: Rs 100 per sq.ft (2024)
• Sai Nagar - I: Rs 100 per sq.ft (2024)
• Sainagar: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Lakshmi Srinivasa Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, totaling Rs 9,000. 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 Sri Lakshmi Srinivasa Nagar?

The Sub Registrar Office that covers Sri Lakshmi Srinivasa Nagar is the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, 602026, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions, as it determines the baseline for stamp duty and registration fees. When buying or selling property in Ammambakkam, the guideline value will be considered for calculating these charges.

It is essential for buyers and sellers to be aware of the current guideline value, as it can impact the overall cost of the transaction. Accurate knowledge of this value helps ensure compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value for Sri Lakshmi Srinivasa Nagar?

The current guideline value for Sri Lakshmi Srinivasa Nagar is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained Rs 100 per sq.ft in both the 2023 and 2024 revisions. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017.

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 9,000, calculated based on the guideline value of Rs 1,00,000.

Which office handles property registrations for Sri Lakshmi Srinivasa Nagar?

The Oothukkottai Sub Registrar Office handles property registrations for Sri Lakshmi Srinivasa Nagar, located near the government hospital in Uthukottai.

Where can I find more information about guideline values in Ammambakkam?

More information about guideline values in Ammambakkam can be found in the registration department's guideline value register (TNReginet) or by checking specific street values as listed.