Guideline Value for Sivasakthi Nagar 11th Street Annanoor

Sivasakthi Nagar 11th Street Annanoor guideline value

The current guideline value for Sivasakthi Nagar 11th Street Annanoor is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village, under the Ambattur SRO, classified as Residential Class I Type - I.

How the guideline value of Sivasakthi Nagar 11th Street Annanoor has changed

The guideline value for Sivasakthi Nagar 11th Street Annanoor has undergone several revisions over the years. The earliest recorded figure is from 2012, which was Rs 2,200 per sq.ft. This was followed by a decrease to Rs 1,474 per sq.ft in 2017, a change of -33%. The most recent revision in 2024 saw a significant increase to Rs 2,400 per sq.ft, marking a rise of 63% from the 2017 figure.

Overall, from 2012 to 2024, the guideline value has increased by 9%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2023 for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,400 per sq.ft, which is equal to the current guideline value for Sivasakthi Nagar 11th Street Annanoor.

• Sivasakthi Nagar 10th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 12th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 13th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 14th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 15th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 16th Street Annanoor: Rs 2,400 per sq.ft (2024)

Stamp duty and registration fee for property in Sivasakthi Nagar 11th Street Annanoor

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, making the total cost Rs 2,16,000. It is important to note that the 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 Sivasakthi Nagar 11th Street Annanoor?

The Sivasakthi Nagar 11th Street Annanoor falls under 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 during the registration of property transactions in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees that are applicable when buying or selling property.

When a property is registered, the guideline value is used to calculate the applicable duties and fees, ensuring compliance with the local regulations. Buyers and sellers should be aware of the current guideline value to understand their financial obligations during the transaction process.

Frequently asked questions

What is the current guideline value for Sivasakthi Nagar 11th Street Annanoor?

The current guideline value for Sivasakthi Nagar 11th Street Annanoor is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 2,200 per sq.ft in 2012 to Rs 1,474 per sq.ft in 2017, then increased to Rs 2,400 per sq.ft in 2024. Overall, from 2012 to 2024, it has increased by 9%.

Which Sub Registrar Office covers this area?

The Ambattur Sub Registrar Office covers Sivasakthi Nagar 11th Street Annanoor, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What are the stamp duty and registration fees for this property?

For a property valued at 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.

What is the land classification for Sivasakthi Nagar 11th Street Annanoor?

Sivasakthi Nagar 11th Street Annanoor is classified as Residential Class I Type - I under the local regulations.