Guideline Value for SRI SAKTHI AMMAN NAGAR EXTENSION

Sri Sakthi Amman Nagar Extension guideline value

The current guideline value of Sri Sakthi Amman Nagar Extension is Rs 3,025 per sq.ft, effective from 1 July 2024. This street is located in Kunrathour-A village, under the Kunrathur SRO, and is classified as Residential Class I Type - II.

How the guideline value of Sri Sakthi Amman Nagar Extension has changed

The guideline value for Sri Sakthi Amman Nagar Extension has undergone several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 3,025 per sq.ft, which is a 10% increase from the 2023 revision of Rs 2,750 per sq.ft. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017.

Prior to the 2023 revision, there were no recorded figures for the street. The significant change from 2023 to 2024 reflects the ongoing adjustments in property values in the area.

Guideline values in Kunrathour-A

In Kunrathour-A, there are 45 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 1,210 to Rs 5,123 per sq.ft, with a median value of Rs 1,760 per sq.ft. The guideline value of Sri Sakthi Amman Nagar Extension is above this median.

• Sri Vijayalakshmi Garden @ Temple City: Rs 2,160 per sq.ft (2024)
• Subramanyapuram: Rs 1,800 per sq.ft (2024)
• Sulochana Nagar: Rs 1,760 per sq.ft (2024)
• Sri Chakra Nagar: Rs 2,860 per sq.ft (2024)
• Temple View Garden: Rs 1,800 per sq.ft (2024)
• Soundari Garden: Rs 1,540 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Sakthi Amman Nagar Extension

For a 1,000 sq.ft plot at the current guideline value of Rs 3,025 per sq.ft, the total guideline value would be Rs 30,25,000. The stamp duty at 7% would amount to Rs 2,11,750, and the registration fee at 2% would be Rs 60,500, totaling Rs 2,72,250. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sri Sakthi Amman Nagar Extension?

The Sub Registrar Office that covers Sri Sakthi Amman Nagar Extension is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Kunrathour-A

The guideline value plays a crucial role during the registration of property transactions in Kunrathour-A. It serves as the basis for calculating the stamp duty and registration fees that must be paid when a property is bought or sold.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to determine the applicable duties and fees. This ensures that the government receives the correct amount based on the property's value.

Frequently asked questions

What is the current guideline value of Sri Sakthi Amman Nagar Extension?

The current guideline value of Sri Sakthi Amman Nagar Extension is Rs 3,025 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

From the 2023 revision to the 2024 revision, the guideline value increased by 10%, from Rs 2,750 per sq.ft to Rs 3,025 per sq.ft.

What is the land classification for Sri Sakthi Amman Nagar Extension?

Sri Sakthi Amman Nagar Extension is classified as Residential Class I Type - II.

Where can I find the registration office for properties in this area?

The registration office for properties in Sri Sakthi Amman Nagar Extension is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is stamp duty calculated for properties in Kunrathour-A?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. The current rate for stamp duty is 7%, while the registration fee is 2% of the guideline value or sale price.