Guideline Value for Sivasakthi Nagar 30th Street Annanoor

Sivasakthi Nagar 30th Street Annanoor guideline value

The current guideline value of Sivasakthi Nagar 30th Street Annanoor is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village and falls under the Ambattur SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Sivasakthi Nagar 30th Street Annanoor has changed

The guideline value for Sivasakthi Nagar 30th Street Annanoor has undergone several revisions over the years. The earliest recorded revision is from 2012, where the guideline value was Rs 2,200 per sq.ft. This figure saw a decrease to Rs 1,474 per sq.ft in the 2017 revision, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 2,200 per sq.ft, reflecting a rise of 49%. The most recent revision in 2024 set the guideline value at Rs 2,400 per sq.ft, which is a 9% increase from the previous year.

It is important to note that there are no recorded figures for Sivasakthi Nagar 30th Street Annanoor in the revisions of 2002, 2003, and 2007. 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 for these streets is Rs 2,400 per sq.ft, which is equal to the current guideline value of Sivasakthi Nagar 30th Street Annanoor.

• Sivasakthi Nagar 31th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 2nd Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 32th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 33th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 34th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 35th Street Annanoor: Rs 2,400 per sq.ft (2024)

Stamp duty and registration fee for property in Sivasakthi Nagar 30th 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, bringing the total fees together to Rs 2,16,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sivasakthi Nagar 30th Street Annanoor?

The Sub Registrar Office that covers Sivasakthi Nagar 30th Street Annanoor 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 an essential factor when buying or selling property in Thirumullaivoyal. It serves as a benchmark for determining the minimum price at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees. These fees are based on the higher of the guideline value or the sale price, ensuring that all transactions are appropriately taxed and recorded.

Frequently asked questions

What is the current guideline value of Sivasakthi Nagar 30th Street Annanoor?

The current guideline value of Sivasakthi Nagar 30th 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 changed from Rs 2,200 per sq.ft in 2012 to Rs 1,474 per sq.ft in 2017, then increased to Rs 2,200 per sq.ft in 2023, and finally to Rs 2,400 per sq.ft in 2024.

What are the stamp duty and registration fees for property in Sivasakthi Nagar 30th Street Annanoor?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees amount to Rs 2,16,000.

Which Sub Registrar Office covers Sivasakthi Nagar 30th Street Annanoor?

The Ambattur Sub Registrar Office covers Sivasakthi Nagar 30th Street Annanoor, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What is the significance of the guideline value in property transactions?

The guideline value is used as a benchmark for determining the minimum price for property registration. It is essential for calculating the stamp duty and registration fees during property transactions in Thirumullaivoyal.