Guideline Value for Samundeeswari Nagar Sannadhi Street

Samundeeswari Nagar Sannadhi Street guideline value

The current guideline value of Samundeeswari Nagar Sannadhi Street is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village, under the Pammal SRO, and is classified as Residential Class I Type - I.

How the guideline value of Samundeeswari Nagar Sannadhi Street has changed

The guideline value for Samundeeswari Nagar Sannadhi Street has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 1,980 per sq.ft, which reflects a 10% increase from the 2023 figure of Rs 1,800 per sq.ft. Prior to that, the 2017 revision recorded a guideline value of Rs 1,206 per sq.ft, indicating a significant increase of 49% to the 2023 figure.

Overall, from the 2017 revision to the current 2024 revision, there has been an increase of 64%. It is noteworthy that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median guideline value is Rs 1,980 per sq.ft, which is equal to the current figure for Samundeeswari Nagar Sannadhi Street.

• Samundeeswari Nagar Vaikai Street: Rs 1,980 per sq.ft (2024)
• Samundeeswari Nagar Krishna Street: Rs 1,980 per sq.ft (2024)
• Samundeeswari Nagar Gangai Street: Rs 1,980 per sq.ft (2024)
• Samundeeswari Nagar Bharani Street: Rs 1,980 per sq.ft (2024)
• Samudeswari Nagar: Rs 1,980 per sq.ft (2024)
• Sanjai Gandhi Nagar Main Road: Rs 2,350 per sq.ft (2024)

Stamp duty and registration fee for property in Samundeeswari Nagar Sannadhi Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value amounts to Rs 19,80,000. The stamp duty at 7% would be Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, resulting in a total of Rs 1,78,200. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Samundeeswari Nagar Sannadhi Street?

The Sub Registrar Office that covers Samundeeswari Nagar Sannadhi Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in the registration of property transactions in Anakaputhur. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that these costs are calculated fairly based on the established values.

It is essential for buyers and sellers to be aware of the guideline value, as it directly influences the financial obligations associated with property transactions. Understanding the guideline value helps in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Samundeeswari Nagar Sannadhi Street?

The current guideline value of Samundeeswari Nagar Sannadhi Street is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 1,206 per sq.ft to Rs 1,980 per sq.ft in 2024, marking an overall increase of 64% over the years.

What is the land classification for Samundeeswari Nagar Sannadhi Street?

Samundeeswari Nagar Sannadhi Street is classified as Residential Class I Type - I, indicating its designation for residential purposes.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office covering Samundeeswari Nagar Sannadhi Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How is the stamp duty calculated for properties in Anakaputhur?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 19,80,000 would incur a stamp duty of Rs 1,38,600 at the rate of 7%.