Guideline Value for SRI SELLIYAMMAN NAGAR

Sri Selliyamman Nagar guideline value

The current guideline value for Sri Selliyamman Nagar is Rs 100 per sq.ft, effective from 1 July 2024. This area is located in Thirumukkoodal village, under the Salavakkam Sub Registrar Office (SRO) and is classified as Residential Class I Type - I.

How the guideline value of Sri Selliyamman Nagar has changed

According to the register, the guideline value for Sri Selliyamman Nagar has remained consistent at Rs 100 per sq.ft for both the 2023 and 2024 revisions. The previous revisions from 2017, 2012, 2007, 2003, and 2002 do not have any figures listed for this street.

From 2023 to 2024, there has been no change in the guideline value, with an increase of 0%. The stability in the guideline value suggests a consistent valuation for this area over the recent years.

Guideline values in Thirumukkoodal

In Thirumukkoodal, there are five streets under the Salavakkam SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 400 per sq.ft. The median value for these streets is Rs 101 per sq.ft, placing Sri Selliyamman Nagar's 2024 figure below that median.

• Thiruvalluvar Nagar: Rs 101 per sq.ft (2024)
• Vengadeswara Nagar: Rs 103 per sq.ft (2024)
• Agr Garden: Rs 100 per sq.ft (2024)
• Sri Krishna Nagar: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Selliyamman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value would be Rs 1,00,000. The stamp duty would be calculated at 7%, amounting to Rs 7,000, and the registration fee at 2%, which is Rs 2,000. Together, these fees would total Rs 9,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Sri Selliyamman Nagar?

The Salavakkam Sub Registrar Office covers Sri Selliyamman Nagar. The office is located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thirumukkoodal. 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 considered to ensure that the transaction is accurately recorded. This value helps maintain transparency and uniformity in property transactions within the region.

Frequently asked questions

What is the current guideline value for Sri Selliyamman Nagar?

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

How has the guideline value changed over the years?

The guideline value for Sri Selliyamman Nagar has remained at Rs 100 per sq.ft for the 2023 and 2024 revisions. There are no figures available for the revisions from 2017, 2012, 2007, 2003, and 2002.

What is the median guideline value in Thirumukkoodal?

The median guideline value for the streets in Thirumukkoodal is Rs 101 per sq.ft, with Sri Selliyamman Nagar's value being below this median.

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

The total stamp duty for a property valued at Rs 1,00,000 would be Rs 7,000, and the registration fee would be Rs 2,000, totaling Rs 9,000.

Where can I find the Salavakkam Sub Registrar Office?

The Salavakkam Sub Registrar Office is located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone.