Guideline Value for Thiruvalluvar Street, Annai Sathya Nagar

Thiruvalluvar Street, Annai Sathya Nagar guideline value

The current guideline value of Thiruvalluvar Street, Annai Sathya Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Pammal village, under the Pammal SRO, and is classified as Residential Class II Type - II.

How the guideline value of Thiruvalluvar Street, Annai Sathya Nagar has changed

The guideline value register for Thiruvalluvar Street has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision is from 2024, which sets the guideline value at Rs 1,980 per sq.ft.

There have been no changes in the guideline value between the revisions listed above. The 2024 revision is the only figure available for this street in the register.

Guideline values in Pammal

Pammal village has a total of 926 streets under the Pammal SRO with a 2024 guideline value ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value for these streets is Rs 2,090 per sq.ft, positioning Thiruvalluvar Street, Annai Sathya Nagar below this median.

• Thiruvalluvar Street / Near Pammal MainRoad: Rs 880 per sq.ft (2024)
• Thiruvalluvar Street, Pasumpon Nagar: Rs 1,980 per sq.ft (2024)
• Thiruvalluvar Street / VOC Nagar: Rs 2,750 per sq.ft (2024)
• Thiruvalluvar Nagar ,4th Cross Street: Rs 2,475 per sq.ft (2024)
• Thiruvalluvar Nagar,3rd Cross Street: Rs 2,475 per sq.ft (2024)
• Thiruvalluvar Nagar, 2nd Cross Street: Rs 2,475 per sq.ft (2024)

Stamp duty and registration fee for property in Thiruvalluvar Street, Annai Sathya Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value amounts to Rs 19,80,000. The stamp duty at 7% would be Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, bringing the total to Rs 1,78,200. It is important to note that the 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 Thiruvalluvar Street, Annai Sathya Nagar?

The Sub Registrar Office that covers Thiruvalluvar Street, Annai Sathya Nagar 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 Pammal

The guideline value is a crucial factor during property registration in Pammal. It determines the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue from stamp duties and registration fees.

When buying or selling property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable stamp duty and registration fees. This process helps maintain transparency and fairness in property transactions.

Frequently asked questions

What is the current guideline value of Thiruvalluvar Street, Annai Sathya Nagar?

The current guideline value of Thiruvalluvar Street, Annai Sathya Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value register has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision, which is Rs 1,980 per sq.ft.

What are the guideline values of other streets in Pammal?

Other streets in Pammal have a guideline value range from Rs 880 to Rs 3,300 per sq.ft. The median value for these streets is Rs 2,090 per sq.ft, making Thiruvalluvar Street, Annai Sathya Nagar's value below this median.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the higher of the guideline value or the sale price, while the registration fee is 2% of the same amount. For example, a 1,000 sq.ft plot at Rs 1,980 per sq.ft would incur a total of Rs 1,78,200 in fees.

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

The Sub Registrar Office for Thiruvalluvar Street, Annai Sathya Nagar is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075. You can find more information through the provided link.