Guideline Value for Sivasakthi Nagar 52th Street Annanoor

Sivasakthi Nagar 52th Street Annanoor guideline value

The current guideline value of Sivasakthi Nagar 52th 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 it falls under the Residential Class I Type - I land classification.

How the guideline value of Sivasakthi Nagar 52th Street Annanoor has changed

The guideline value for Sivasakthi Nagar 52th Street Annanoor has seen several revisions over the years. The 2012 revision set the value at Rs 2,200 per sq.ft. However, this figure decreased by 33% to Rs 1,474 per sq.ft in the 2017 revision. The most recent 2024 revision 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 increased by 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 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 52th Street Annanoor.

• Sivasakthi Nagar 51th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 53th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 50th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 4th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 5th Street Annanoor: Rs 2,400 per sq.ft (2024)
• Sivasakthi Nagar 6th Street Annanoor: Rs 2,400 per sq.ft (2024)

Stamp duty and registration fee for property in Sivasakthi Nagar 52th 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, making the total cost for these fees Rs 2,16,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Sivasakthi Nagar 52th Street Annanoor?

The Sivasakthi Nagar 52th Street Annanoor falls under the jurisdiction of 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 more information.

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. Buyers and sellers must be aware of the current guideline value to ensure compliance with the legal requirements during the registration process.

When a property is sold, the guideline value helps in calculating the fees that need to be paid to the government. It is essential for both parties to understand that the stamp duty is charged on the higher of the guideline value or the sale price, ensuring that the correct amount is paid during registration.

Frequently asked questions

What is the current guideline value of Sivasakthi Nagar 52th Street Annanoor?

The current guideline value of Sivasakthi Nagar 52th 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. There are no figures available for the years 2023, 2007, 2003, and 2002 for this street.

What is the land classification of Sivasakthi Nagar 52th Street Annanoor?

Sivasakthi Nagar 52th Street Annanoor is classified under Residential Class I Type - I land classification.

Where can I find the Ambattur Sub Registrar Office?

The Ambattur Sub Registrar Office is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai.

How is the stamp duty calculated for a property in Sivasakthi Nagar 52th Street Annanoor?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the guideline value of Rs 2,400 per sq.ft, the stamp duty would be Rs 1,68,000.