Guideline Value for Sivasakthi Nagar 27th Street Annanoor

Sivasakthi Nagar 27th Street Annanoor guideline value

The current guideline value of Sivasakthi Nagar 27th Street Annanoor is Rs 2,400 per sq.ft, effective from 1 July 2024. This property is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Class I Type - I.

How the guideline value of Sivasakthi Nagar 27th Street Annanoor has changed

The guideline value for Sivasakthi Nagar 27th Street Annanoor has undergone several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 2,400 per sq.ft, an increase of 9% from the 2023 revision, which was Rs 2,200 per sq.ft. Prior to that, the 2012 revision also recorded a value of Rs 2,200 per sq.ft, indicating no change between 2012 and 2023. The register has no figure for the years 2002, 2003, 2007, and 2017.

Overall, from the 2012 revision to the 2024 revision, there has been a total increase of 9%. This consistent rise reflects the adjustments made in the guideline value, culminating in the current figure effective from July 2024.

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 matches the current guideline value for Sivasakthi Nagar 27th Street Annanoor.

• Sivasakthi Nagar 26th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 28th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 25th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 29th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 24th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 23rd Street Annanoor: Rs 2,400 per sq.ft (2024)

Stamp duty and registration fee for property in Sivasakthi Nagar 27th Street Annanoor

For a 1,000 sq.ft plot at the current rate of Rs 2,400 per sq.ft, the 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 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 more details.

Which Sub Registrar Office covers Sivasakthi Nagar 27th Street Annanoor?

The Sivasakthi Nagar 27th 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. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Thirumullaivoyal. It is used to determine the stamp duty and registration fees, which are mandatory for any property transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value as per government regulations. Buyers and sellers must be aware of the current guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value for Sivasakthi Nagar 27th Street Annanoor?

The current guideline value for Sivasakthi Nagar 27th 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 has increased from Rs 2,200 per sq.ft in 2023 to Rs 2,400 per sq.ft in 2024, marking a 9% increase. There was no change in the value from 2012 to 2023, remaining at Rs 2,200 per sq.ft.

What is the land classification for Sivasakthi Nagar 27th Street Annanoor?

Sivasakthi Nagar 27th Street Annanoor is classified as Residential Class I Type - I, indicating its designation for residential purposes.

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

The Sub Registrar Office covering Sivasakthi Nagar 27th Street Annanoor is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is the guideline value used in property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. It ensures that the transaction is recorded at a value that complies with government regulations.