Guideline Value for Sasthri Street

Sasthri Street guideline value

The current guideline value of Sasthri Street in Anakaputhur village is Rs 2,350 per sq.ft, effective from 1 July 2024. This street falls under the Pammal SRO and is classified as Residential Class III Type - I.

How the guideline value of Sasthri Street has changed

Over the years, the guideline value of Sasthri Street has undergone significant changes. In the 2003 revision, the value was Rs 156 per sq.ft. This increased to Rs 210 per sq.ft in 2007, marking a change of +35%. The 2017 revision saw a substantial rise to Rs 1,407 per sq.ft, reflecting an increase of +570%. The most recent revision in 2023 set the value at Rs 2,099 per sq.ft, which is +49% higher than the 2017 figure. Currently, for the 2024 revision, the guideline value stands at Rs 2,350 per sq.ft, representing a +12% increase from the previous year.

It is important to note that there are no figures available for Sasthri Street in the 2012 and 2002 revisions. Overall, from 2003 to 2024, the guideline value has increased by +1,406%.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry a guideline value for 2024, with values ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median value among these streets is Rs 1,980 per sq.ft, placing Sasthri Street's 2024 figure above that median.

• Sathaya Nagar: Rs 1,760 per sq.ft (2024)
• Sathyanarayanan Street: Rs 1,320 per sq.ft (2024)
• Santhi Nagar VIth Lane: Rs 1,760 per sq.ft (2024)
• Santhi Nagar VIIth Lane: Rs 1,760 per sq.ft (2024)
• Santhi Nagar Main Road: Rs 1,760 per sq.ft (2024)
• Santhi Nagar Ivth Lane: Rs 1,760 per sq.ft (2024)

Stamp duty and registration fee for property in Sasthri Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,350 per sq.ft, the total guideline value amounts to Rs 23,50,000. The stamp duty at 7% would be Rs 1,64,500, and the registration fee at 2% would be Rs 47,000, bringing the total fees together to Rs 2,11,500. 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 Sasthri Street?

The Sub Registrar Office that covers Sasthri Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Anakaputhur. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that need to be paid. This ensures that the transaction is recorded accurately in the official register.

It is essential for buyers and sellers to be aware of the current guideline value as it can significantly impact the overall cost of the transaction. Accurate knowledge of the guideline value helps in planning the financial aspects of property dealings.

Frequently asked questions

What is the current guideline value of Sasthri Street?

The current guideline value of Sasthri Street is Rs 2,350 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 156 per sq.ft in 2003 to Rs 2,350 per sq.ft in 2024, reflecting an overall increase of +1,406%.

What are the stamp duty and registration fees for property in Sasthri Street?

For a 1,000 sq.ft plot, the total guideline value is Rs 23,50,000. The stamp duty would be Rs 1,64,500, and the registration fee would be Rs 47,000, totaling Rs 2,11,500.

Which Sub Registrar Office covers Sasthri Street?

The Pammal Sub Registrar Office covers Sasthri Street, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How many streets in Anakaputhur have a guideline value?

There are 501 streets in Anakaputhur under the Pammal SRO that carry a guideline value for 2024, with values ranging from Rs 1,320 to Rs 4,640 per sq.ft.