Guideline Value for Sivasakthi Nagar 39th Street Annanoor

Sivasakthi Nagar 39th Street Annanoor guideline value

The current guideline value of Sivasakthi Nagar 39th 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 39th Street Annanoor has changed

The guideline value for Sivasakthi Nagar 39th Street Annanoor has undergone several revisions over the years. The 2012 revision set the value at Rs 2,200 per sq.ft, which then decreased to Rs 1,474 per sq.ft in 2017. However, the latest revision in 2024 has increased the guideline value to Rs 2,400 per sq.ft, marking a significant increase of 63% from the 2017 figure.

Overall, from the 2012 revision to the 2024 revision, the guideline value has seen a slight increase of 9%. It is important to note that there are no figures available for the revisions in 2023, 2007, 2003, and 2002 for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO with a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft. The median value is Rs 2,400 per sq.ft, which is equal to the guideline value of Sivasakthi Nagar 39th Street Annanoor.

• Sivasakthi Nagar 38th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 37th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 36th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 35th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 34th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 3rd Street Annanoor: Rs 2,400 per sq.ft (2024)

Stamp duty and registration fee for property in Sivasakthi Nagar 39th 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 would be 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 fees together Rs 2,16,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Sivasakthi Nagar 39th Street Annanoor?

The Sivasakthi Nagar 39th 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 details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two values is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Sivasakthi Nagar 39th Street Annanoor?

The current guideline value of Sivasakthi Nagar 39th 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, and then it increased to Rs 2,400 per sq.ft in 2024.

What is the land classification of Sivasakthi Nagar 39th Street Annanoor?

Sivasakthi Nagar 39th Street Annanoor is classified as Residential Class I Type - I.

Which office handles registrations for Sivasakthi Nagar 39th Street Annanoor?

The Ambattur Sub Registrar Office handles registrations for Sivasakthi Nagar 39th Street Annanoor.

How is the stamp duty calculated for property in Sivasakthi Nagar 39th Street Annanoor?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher, along with a registration fee of 2%.