Guideline Value for Thiruvallur Street

Thiruvallur Street guideline value

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

How the guideline value of Thiruvallur Street has changed

The guideline value for Thiruvallur Street has seen significant changes over the years. In 2003, the value was Rs 222 per sq.ft, which increased to Rs 300 per sq.ft in 2007, marking a 35% rise. The next revision in 2017 saw a substantial jump to Rs 1,072 per sq.ft, reflecting a 257% increase from the 2007 figure. The 2023 revision set the value at Rs 1,600 per sq.ft, which was a 49% increase from 2017. The latest revision in 2024 brought the guideline value to Rs 1,760 per sq.ft, a 10% increase from the previous year.

There are no figures available for the years 2002 and 2012 in the register for this street. Overall, from 2003 to 2024, the guideline value has increased by 693%.

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 value for these streets is Rs 1,980 per sq.ft, placing Thiruvallur Street's 2024 figure below that median.

• Thiruvalluar Pettai Extn.,: Rs 1,760 per sq.ft (2024)
• Thiruvalluvar IIIrd Cross Street: Rs 1,320 per sq.ft (2024)
• Thiruvalluar Pettai 2nd Street: Rs 1,760 per sq.ft (2024)
• Thiruvalluvar IInd Cross Street: Rs 1,320 per sq.ft (2024)
• Thiruvalluar Pettai 1st Street: Rs 1,760 per sq.ft (2024)
• Thiruvalluvar Ist Cross Street: Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in Thiruvallur Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,760 per sq.ft, the total guideline value would be Rs 17,60,000. The stamp duty at 7% would amount to Rs 1,23,200, and the registration fee at 2% would be Rs 35,200, making the total fees together Rs 1,58,400. 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 detailed calculations.

Which Sub Registrar Office covers Thiruvallur Street?

The Sub Registrar Office that covers Thiruvallur Street is the Pammal Sub Registrar Office located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when registering property in Anakaputhur. It is used to determine the stamp duty and registration fees that buyers and sellers must pay during the transaction process.

When you buy or sell property, the guideline value ensures that the transaction is recorded accurately, reflecting the official value set by the government. This helps maintain transparency in property transactions and ensures compliance with local regulations.

Frequently asked questions

What is the current guideline value of Thiruvallur Street?

The current guideline value of Thiruvallur Street is Rs 1,760 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 222 per sq.ft in 2003 to Rs 1,760 per sq.ft in 2024, marking an overall increase of 693% over the years.

What are the stamp duty rates for properties in Thiruvallur Street?

The stamp duty for properties in Thiruvallur Street is charged at 7% of the guideline value or sale price, whichever is higher.

Where is the Pammal Sub Registrar Office located?

The Pammal Sub Registrar Office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.

What is the median guideline value for streets in Anakaputhur?

The median guideline value for the 501 streets in Anakaputhur is Rs 1,980 per sq.ft, with Thiruvallur Street's 2024 figure being below this median.