Guideline Value for Thiru Nagar 3rd Street

Thiru Nagar 3rd Street guideline value

The current guideline value of Thiru Nagar 3rd Street is Rs 1,760 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village under the Pammal SRO, classified as Residential Class II Type - I.

How the guideline value of Thiru Nagar 3rd Street has changed

In the 2017 revision, the guideline value was set at Rs 1,072 per sq.ft. This figure increased significantly to Rs 1,600 per sq.ft in the 2023 revision, marking a 49% increase. The current guideline value for 2024 is Rs 1,760 per sq.ft, which represents a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. The register has no figures for the years 2002, 2003, 2007, and 2012 for Thiru Nagar 3rd Street.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO with a 2024 guideline value ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median guideline value is Rs 1,980 per sq.ft, making Thiru Nagar 3rd Street's 2024 figure below that median.

• Thiru Nagar 2nd Street: Rs 1,760 per sq.ft (2024)
• Thiru Nagar 4th Street: Rs 1,760 per sq.ft (2024)
• Thiru Nagar Ambetkar Street: Rs 2,350 per sq.ft (2024)
• Thiru Nagar Ist Street: Rs 1,760 per sq.ft (2024)
• Thiru Nagar Kalingar Cross Street: Rs 1,760 per sq.ft (2024)
• Thiru Nagar Kalingar Street: Rs 1,760 per sq.ft (2024)

Stamp duty and registration fee for property in Thiru Nagar 3rd Street

For a 1,000 sq.ft plot at the current rate of Rs 1,760 per sq.ft, the guideline value amounts to Rs 17,60,000. The stamp duty at 7% would be Rs 1,23,200, and the registration fee at 2% would be Rs 35,200, totaling Rs 1,58,400. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thiru Nagar 3rd Street?

The Thiru Nagar 3rd Street is covered by the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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

When buying or selling property in Anakaputhur, the guideline value plays a crucial role in determining the applicable stamp duty and registration fees. These fees are calculated based on the higher of the guideline value or the sale price of the property.

It is essential for buyers and sellers to be aware of the guideline value, as it ensures compliance with the legal requirements during property transactions. This value is updated periodically, reflecting changes in the market and local regulations.

Frequently asked questions

What is the current guideline value of Thiru Nagar 3rd Street?

The current guideline value of Thiru Nagar 3rd Street is Rs 1,760 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 1,072 per sq.ft to Rs 1,760 per sq.ft in 2024, marking a total increase of 64% over the seven-year period.

What is the land classification for Thiru Nagar 3rd Street?

Thiru Nagar 3rd Street is classified as Residential Class II Type - I, indicating its suitability for residential purposes.

What are the stamp duty and registration fees for properties in Thiru Nagar 3rd Street?

The stamp duty is 7% of the guideline value, while the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 1,58,400.

Which office handles registrations for Thiru Nagar 3rd Street?

The Pammal Sub Registrar Office handles registrations for Thiru Nagar 3rd Street, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.