Guideline Value

Corporate

Guideline Value for Sri sakthi Nagar Extention

₹2200/sq.ft.

The guideline value for Sri Sakthi Nagar Extention in Puthagaram village (Ambattur SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puthagaram

Village

Ambattur

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2200 /sq.ft.
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 Sri Sakthi Nagar Extention

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Sri sakthi Nagar Extention guideline value

The current guideline value of Sri sakthi Nagar Extention is Rs 2,200 per sq.ft, effective from 1 July 2024. This area is located in Puthagaram village and falls under the Ambattur SRO. The land classification for this street is Residential Special Type - III.

How the guideline value of Sri sakthi Nagar Extention has changed

Looking at the revisions, the guideline value for Sri sakthi Nagar Extention has seen several changes over the years. The 2012 revision set the value at Rs 2,200 per sq.ft, which remained unchanged until the 2023 revision, also at Rs 2,200 per sq.ft. The 2017 revision had a lower value of Rs 1,474 per sq.ft, marking a significant decrease of 33% from the 2012 figure. Overall, from 2012 to 2024, there has been no change in the guideline value.

From 2017 to 2023, the guideline value increased by 49%, bringing it back to Rs 2,200 per sq.ft. The most recent revision in 2024 maintained this value, showing a 0% change from the previous year. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Puthagaram

In Puthagaram, there are 140 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 1,200 to Rs 3,800 per sq.ft, with a median value of Rs 1,900 per sq.ft. The guideline value for Sri sakthi Nagar Extention is above this median.

Stamp duty and registration fee for property in Sri sakthi Nagar Extention

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total to Rs 1,98,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri sakthi Nagar Extention?

The Sri sakthi Nagar Extention is covered by the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in property transactions in Puthagaram, as it determines the minimum value at which a property can be registered. When a buyer and seller agree on a sale price, the stamp duty and registration fees are calculated based on the higher of the sale price or the guideline value.

During the registration process, the guideline value ensures that the property is assessed fairly and that the appropriate taxes are collected. This helps maintain transparency in real estate transactions and provides a reference point for both buyers and sellers.

Frequently asked questions

What is the current guideline value of Sri sakthi Nagar Extention?

The current guideline value of Sri sakthi Nagar Extention is Rs 2,200 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 back to Rs 2,200 per sq.ft in 2023 and 2024. There has been no change in the guideline value from 2023 to 2024.

What are the other streets in Puthagaram with their guideline values?

Other streets in Puthagaram include Sri Sakthi Nagar at Rs 2,200 per sq.ft, Sri Sarweswari Avenu at Rs 2,200 per sq.ft, Sri Singaravelavan Nagar at Rs 1,800 per sq.ft, and several others with values ranging from Rs 2,201 to Rs 2,201 per sq.ft.

What is the stamp duty for a property in Sri sakthi Nagar Extention?

The stamp duty for a property in Sri sakthi Nagar Extention is 7% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the stamp duty would be Rs 1,54,000 based on the current guideline value.

Where can I find the Sub Registrar Office for Sri sakthi Nagar Extention?

The Sub Registrar Office covering Sri sakthi Nagar Extention is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.