Guideline Value for Saraswathi Nagar 3rd Street

Saraswathi Nagar 3rd Street guideline value

The current guideline value of Saraswathi Nagar 3rd Street is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village, under the Ambattur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Saraswathi Nagar 3rd Street has changed

The guideline value for Saraswathi Nagar 3rd Street has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 2,400 per sq.ft, which is an increase from the 2023 revision of Rs 2,200 per sq.ft. Notably, there were no figures available for the years 2002, 2003, 2007, and 2017.

Looking back further, the guideline value remained at Rs 2,200 per sq.ft from the 2012 revision until the 2023 revision. Thus, there was no change between 2012 and 2023. Overall, from 2012 to 2024, the guideline value has increased by 9%.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO, with guideline values ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value is Rs 2,400 per sq.ft, which aligns with the current value of Saraswathi Nagar 3rd Street.

• Saraswathi Nagar 4rd Street: Rs 2,400 per sq.ft (2024)
• Saraswathi Nagar 2nd Street: Rs 2,400 per sq.ft (2024)
• Saraswathi Nagar 5th Street: Rs 2,400 per sq.ft (2024)
• Saraswathi Nagar 6th Street: Rs 2,400 per sq.ft (2024)
• Saraswathi Nagar 7th Street: Rs 2,400 per sq.ft (2024)
• Saraswathi Nagar 1st Street: Rs 2,400 per sq.ft (2024)

Stamp duty and registration fee for property in Saraswathi Nagar 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value amounts to Rs 24,00,000. The stamp duty at 7% would be Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, totaling Rs 2,16,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Saraswathi Nagar 3rd Street?

The Sub Registrar Office that covers Saraswathi Nagar 3rd Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when registering property transactions in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the registration process.

Frequently asked questions

What is the current guideline value of Saraswathi Nagar 3rd Street?

The current guideline value of Saraswathi Nagar 3rd Street is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 2,200 per sq.ft in 2023 to Rs 2,400 per sq.ft in 2024. There was no change from 2012 to 2023, and overall, the value has increased by 9% from 2012 to 2024.

What is the median guideline value in Thirumullaivoyal?

The median guideline value in Thirumullaivoyal is Rs 2,400 per sq.ft, which is the same as the current value for Saraswathi Nagar 3rd Street.

What is the stamp duty rate for properties in this area?

The stamp duty rate for properties in this area is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Saraswathi Nagar 3rd Street?

The Sub Registrar Office for Saraswathi Nagar 3rd Street is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.