Guideline Value for Thriuvalluvar IInd Cross Street

Thriuvalluvar IInd Cross Street guideline value

The current guideline value of Thriuvalluvar IInd Cross Street is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village, under the Pammal SRO, and is classified as Residential Class II Type - II.

How the guideline value of Thriuvalluvar IInd Cross Street has changed

The guideline value for Thriuvalluvar IInd Cross Street has seen several revisions over the years. The earliest recorded figure is from the 2017 revision at Rs 804 per sq.ft, which then increased to Rs 1,200 per sq.ft in the 2023 revision. The most recent revision in 2024 raised the guideline value to Rs 1,320 per sq.ft, marking a 10% increase from the previous year.

Between the 2017 and 2023 revisions, there was a significant increase of 49%. Overall, from 2017 to 2024, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Anakaputhur

Anakaputhur village has a total of 501 streets under the Pammal SRO, with guideline values ranging from Rs 1,320 to Rs 4,640 per sq.ft as of 2024. The median guideline value for the village is Rs 1,980 per sq.ft, placing Thriuvalluvar IInd Cross Street's 2024 figure below this median.

• Thriuvalluvar IIIrd Cross Street: Rs 1,320 per sq.ft (2024)
• Thriuvalluvar Ist Cross Street: Rs 1,320 per sq.ft (2024)
• Thomaiyar Street: Rs 1,760 per sq.ft (2024)
• Tholar Stalin Nagar: Rs 2,350 per sq.ft (2024)
• Thyagaraya Mudali Street: Rs 1,760 per sq.ft (2024)
• TNEB Colony: Rs 1,760 per sq.ft (2024)

Stamp duty and registration fee for property in Thriuvalluvar IInd 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 would be Rs 13,20,000. The stamp duty at 7% would amount to Rs 92,400, while the registration fee at 2% would be Rs 26,400, bringing the total to Rs 1,18,800. It is essential to note that duty is charged on the guideline value or the sale price, whichever is higher.

You can also use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Thriuvalluvar IInd Cross Street?

The Sub Registrar Office that covers Thriuvalluvar IInd Cross Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. For more information, you can find your SRO.

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

The guideline value plays a crucial role in the registration process of property transactions in Anakaputhur. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property.

When a property is sold, the guideline value is compared with the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions based on the established guideline values.

Frequently asked questions

What is the current guideline value of Thriuvalluvar IInd Cross Street?

The current guideline value of Thriuvalluvar IInd Cross Street is Rs 1,320 per sq.ft, effective from 1 July 2024.

How 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, which is a total increase of 64% over this period.

What is the land classification for Thriuvalluvar IInd Cross Street?

Thriuvalluvar IInd Cross Street is classified as Residential Class II Type - II, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Thriuvalluvar IInd Cross Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at the current rate, the total stamp duty would be Rs 92,400 based on the guideline value.