Guideline Value for Sivasakthi Nagar 3rd Street Annanoor

Sivasakthi Nagar 3rd Street Annanoor guideline value

The current guideline value of Sivasakthi Nagar 3rd 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 and is classified as Residential Class I Type - I.

How the guideline value of Sivasakthi Nagar 3rd Street Annanoor has changed

The guideline value for Sivasakthi Nagar 3rd Street Annanoor has seen several revisions over the years. The 2012 revision set the value at Rs 2,200 per sq.ft, which decreased to Rs 1,474 per sq.ft in 2017. This represents a decrease of 33%. However, from 2017 to 2024, the value increased significantly to Rs 2,400 per sq.ft, marking a rise of 63%. 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, 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 is equal to the current value of Sivasakthi Nagar 3rd Street Annanoor.

• Sivasakthi Nagar 40th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 41th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 42th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 39th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 43th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 38th Street Annanoor: Rs 2,400 per sq.ft (2024)

Stamp duty and registration fee for property in Sivasakthi Nagar 3rd 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 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 Sivasakthi Nagar 3rd Street Annanoor?

The Sub Registrar Office that covers Sivasakthi Nagar 3rd 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. 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 during the registration process of property transactions in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two 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 3rd Street Annanoor?

The current guideline value of Sivasakthi Nagar 3rd 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 2,400 per sq.ft in 2024. This represents a 63% increase from 2017 to 2024 and an overall increase of 9% from 2012 to 2024.

Which Sub Registrar Office covers Sivasakthi Nagar 3rd Street Annanoor?

The Ambattur Sub Registrar Office covers Sivasakthi Nagar 3rd 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 property in Sivasakthi Nagar 3rd Street Annanoor?

The total guideline value for a 1,000 sq.ft plot is 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 3rd Street Annanoor?

Sivasakthi Nagar 3rd Street Annanoor is classified as Residential Class I Type - I, indicating its suitability for residential purposes.