Guideline Value for THIRU NAGAR EXTN

Thiru Nagar Extn guideline value

The current guideline value of Thiru Nagar Extn is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in S. Kullathur village and falls under the Pallavaram SRO. The land classification for this area is Commercial Class I Type - II.

How the guideline value of Thiru Nagar Extn has changed

The guideline value for Thiru Nagar Extn has remained consistent in the recent revisions. The register does not provide figures for the years 2023, 2017, 2012, 2007, 2003, and 2002. The only available figure is from the 2024 revision, which is Rs 4,400 per sq.ft.

Since there have been no changes between the revisions, the guideline value has been stable at Rs 4,400 per sq.ft since the 2024 revision. As such, there are no earlier figures to compare against for this specific street.

Guideline values in S. Kullathur

In S. Kullathur, there are 71 streets under the Pallavaram SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 4,400 per sq.ft, with a median value of Rs 2,750 per sq.ft. The guideline value for Thiru Nagar Extn is above this median.

• Thiru Nagar: Rs 4,400 per sq.ft (2024)
• Thandu Mariamman Kovil St: Rs 2,200 per sq.ft (2024)
• Thamizhkudimagan Nagar: Rs 4,400 per sq.ft (2024)
• Unmai Nagar Exten.(Engineers Avenue): Rs 3,300 per sq.ft (2024)
• Tamilkudimagan Nagar 1 To 5 Streets: Rs 4,400 per sq.ft (2024)
• Vendhan Nagar 1 To 4 Streets: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Thiru Nagar Extn

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total to Rs 3,96,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thiru Nagar Extn?

The Sub Registrar Office that covers Thiru Nagar Extn is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.

You can find your SRO for more details.

How the guideline value is used when you buy or sell in S. Kullathur

The guideline value is a critical factor in the registration process for property transactions in S. Kullathur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction reflects a fair value for taxation purposes.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. These fees are based on the higher amount between the guideline value and the sale price, ensuring that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Thiru Nagar Extn?

The current guideline value of Thiru Nagar Extn is Rs 4,400 per sq.ft, effective from 1 July 2024.

What land classification does Thiru Nagar Extn fall under?

Thiru Nagar Extn is classified as Commercial Class I Type - II.

How has the guideline value changed over the years?

There have been no changes in the guideline value for Thiru Nagar Extn since the 2024 revision. The register does not provide figures for the years 2023, 2017, 2012, 2007, 2003, and 2002.

What are the stamp duty and registration fees for property in Thiru Nagar Extn?

For a 1,000 sq.ft plot at the current rate, the total guideline value would be Rs 44,00,000, leading to a stamp duty of Rs 3,08,000 and a registration fee of Rs 88,000, totaling Rs 3,96,000.

Where is the Sub Registrar Office for Thiru Nagar Extn located?

The Pallavaram Sub Registrar Office is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.