Guideline Value for Thiruvalluvar IIIrd Cross Street

Thiruvalluvar IIIrd Cross Street guideline value

The current guideline value of Thiruvalluvar IIIrd Cross Street is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village under the Pammal Sub Registrar Office (SRO). The land classification for this area is Residential Class II Type - II.

How the guideline value of Thiruvalluvar IIIrd Cross Street has changed

The guideline value for Thiruvalluvar IIIrd Cross Street has undergone several revisions over the years. In 2017, the value was Rs 804 per sq.ft, which increased to Rs 1,200 per sq.ft in 2023, marking a significant rise of 49%. The most recent revision in 2024 saw the guideline value increase to Rs 1,320 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 64%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry 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 the guideline value of Thiruvalluvar IIIrd Cross Street below that median.

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

Stamp duty and registration fee for property in Thiruvalluvar IIIrd Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total fees to Rs 1,18,800. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thiruvalluvar IIIrd Cross Street?

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

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

The guideline value is essential when registering property transactions in Anakaputhur. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the sale or purchase of property.

When a property is sold, the guideline value is used to calculate the applicable fees, ensuring that the transaction is recorded accurately. This helps maintain transparency and fairness in property dealings.

Frequently asked questions

What is the current guideline value for Thiruvalluvar IIIrd Cross Street?

The current guideline value for Thiruvalluvar IIIrd Cross Street is Rs 1,320 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 804 per sq.ft to Rs 1,320 per sq.ft in 2024, representing a total increase of 64% over the years.

What is the stamp duty for property in Thiruvalluvar IIIrd Cross Street?

The stamp duty for property in Thiruvalluvar IIIrd Cross Street is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Thiruvalluvar IIIrd Cross Street?

The Sub Registrar Office covering Thiruvalluvar IIIrd Cross Street is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the land classification for Thiruvalluvar IIIrd Cross Street?

The land classification for Thiruvalluvar IIIrd Cross Street is Residential Class II Type - II.