Guideline Value for Sivasakthi Nagar 44th Street Annanoor

Sivasakthi Nagar 44th Street Annanoor guideline value

The current guideline value of Sivasakthi Nagar 44th 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 44th Street Annanoor has changed

The guideline value for Sivasakthi Nagar 44th Street Annanoor has seen several revisions over the years. In 2012, the guideline value was set at Rs 2,200 per sq.ft, which decreased to Rs 1,474 per sq.ft in the 2017 revision, marking a decline of 33%. However, the most recent revision in 2024 has increased the value to Rs 2,400 per sq.ft, reflecting a significant rise of 63% from the 2017 figure.

Overall, from 2012 to 2024, the guideline value has increased by 9%. The register does not provide figures for the years 2023, 2007, 2003, and 2002 for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that carry a guideline value for 2024, 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 the same as the current value for Sivasakthi Nagar 44th Street Annanoor.

• Sivasakthi Nagar 43th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 45th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 42th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 46th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 41th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 47th Street Annanoor: Rs 2,400 per sq.ft (2024)

Stamp duty and registration fee for property in Sivasakthi Nagar 44th 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 to 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 44th Street Annanoor?

The Sivasakthi Nagar 44th Street Annanoor is covered by the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai. You can find your SRO for further assistance.

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

The guideline value is a crucial aspect when buying or selling property in Thirumullaivoyal. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. Buyers must ensure that they are aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Sivasakthi Nagar 44th Street Annanoor?

The current guideline value of Sivasakthi Nagar 44th 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 increased to Rs 2,400 per sq.ft in 2024.

What is the land classification for Sivasakthi Nagar 44th Street Annanoor?

Sivasakthi Nagar 44th Street Annanoor is classified as Residential Class I Type - I.

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

The Sub Registrar Office covering Sivasakthi Nagar 44th Street Annanoor is the Ambattur Sub Registrar Office located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 24,00,000, the stamp duty at 7% would be Rs 1,68,000.