Guideline Value for Sivasakthi Nagar 41th Street Annanoor

Sivasakthi Nagar 41th Street Annanoor guideline value

The current guideline value of Sivasakthi Nagar 41th 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 41th Street Annanoor has changed

The guideline value for Sivasakthi Nagar 41th 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 was followed by a decrease to Rs 1,474 per sq.ft in the 2017 revision, marking a significant drop of 33%. However, in the 2024 revision, the value increased to Rs 2,400 per sq.ft, representing a rise of 63% from 2017.

Overall, comparing the 2012 and 2024 revisions, there has been a slight increase of 9% in the guideline value. It is important to note that there are no recorded 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 guideline value for these streets is Rs 2,400 per sq.ft, which is equal to the current guideline value of Sivasakthi Nagar 41th Street Annanoor.

• Sivasakthi Nagar 40th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 42th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 43th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 3rd Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 44th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 45th Street Annanoor: Rs 2,400 per sq.ft (2024)

Stamp duty and registration fee for property in Sivasakthi Nagar 41th 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 the duty is charged on the higher of the guideline value and the sale price.

For more details, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sivasakthi Nagar 41th Street Annanoor?

The Sub Registrar Office that covers Sivasakthi Nagar 41th Street Annanoor is the Ambattur Sub Registrar Office. The address is 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 in the registration process when buying or selling property in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is considered to ensure that the fees reflect the current market standards, thereby facilitating a transparent transaction process. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Sivasakthi Nagar 41th Street Annanoor?

The current guideline value of Sivasakthi Nagar 41th 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 to Rs 2,400 per sq.ft in 2024, reflecting a 63% increase from 2017 to 2024.

What is the land classification for Sivasakthi Nagar 41th Street Annanoor?

Sivasakthi Nagar 41th Street Annanoor is classified as Residential Class I Type - I, indicating its designation for residential purposes.

What are the other streets in Thirumullaivoyal with the same guideline value?

Other streets in Thirumullaivoyal that share the same guideline value of Rs 2,400 per sq.ft include Sivasakthi Nagar 40th, 42th, 43th, 3rd, 44th, and 45th Streets Annanoor.

Where can I find the Sub Registrar Office for Sivasakthi Nagar 41th Street Annanoor?

The Ambattur Sub Registrar Office covers Sivasakthi Nagar 41th Street Annanoor, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.