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Guideline Value

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Guideline Value for Sivasakthi Nagar 50th Street Annanoor

₹2400/sq.ft.

The guideline value for Sivasakthi Nagar 50th Street Annanoor in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2400 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2400 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹1474 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2200 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Sivasakthi Nagar 50th Street Annanoor

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Sivasakthi Nagar 50th Street Annanoor guideline value

The current guideline value of Sivasakthi Nagar 50th 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 50th Street Annanoor has changed

The guideline value for Sivasakthi Nagar 50th Street Annanoor has undergone 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 the 2017 revision, marking a decline of 33%. However, from 2017 to 2024, the value saw a significant increase of 63%, bringing it back up to Rs 2,400 per sq.ft.

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

Guideline values in Thirumullaivoyal

Thirumullaivoyal has a total of 975 streets under the Ambattur SRO, with a 2024 guideline value range from Rs 880 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,400 per sq.ft, which aligns with the current guideline value of Sivasakthi Nagar 50th Street Annanoor.

Stamp duty and registration fee for property in Sivasakthi Nagar 50th 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 amount to Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, totaling Rs 2,16,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sivasakthi Nagar 50th Street Annanoor?

The Sivasakthi Nagar 50th 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 further assistance.

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

The guideline value is a crucial factor during the registration of property transactions in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps in assessing the financial obligations involved in the transaction. Buyers should be aware that the stamp duty and registration fees are calculated based on this value, or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Sivasakthi Nagar 50th Street Annanoor?

The current guideline value of Sivasakthi Nagar 50th 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. Overall, there has been a 9% increase from 2012 to 2024.

What is the land classification for Sivasakthi Nagar 50th Street Annanoor?

Sivasakthi Nagar 50th Street Annanoor is classified as Residential Class I Type - I.

Where can I find the registration office for Sivasakthi Nagar 50th Street Annanoor?

The registration office for Sivasakthi Nagar 50th 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.

How is the stamp duty calculated for properties in Sivasakthi Nagar 50th Street Annanoor?

The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applicable.