Guideline Value for Alli Street(Chelliamman nagar)

Alli Street(Chelliamman nagar) guideline value

The current guideline value for Alli Street(Chelliamman nagar) is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in 5. Athipattu village under the Konnur SRO and is classified as Residential Class I Type - II.

How the guideline value of Alli Street(Chelliamman nagar) has changed

The guideline value for Alli Street(Chelliamman nagar) has seen significant changes over the years. In the 2017 revision, the value was Rs 1,340 per sq.ft, which increased to Rs 2,000 per sq.ft in the 2023 revision. The latest revision in 2024 has further raised the value to Rs 2,200 per sq.ft, marking a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has risen by 64%.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 in the register for this street.

Guideline values in 5. Athipattu

In 5. Athipattu, there are 119 streets under the Konnur SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 7,650 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, which aligns with the current guideline value for Alli Street(Chelliamman nagar).

• Amaravathi Street(ICF): Rs 2,400 per sq.ft (2024)
• Alamaram Street: Rs 1,100 per sq.ft (2024)
• Amman Koil Street(Chelliamman nagar): Rs 2,200 per sq.ft (2024)
• Annai Therasa Street: Rs 2,200 per sq.ft (2024)
• Annamalai Avenue ( A.N.A. Avenue): Rs 4,400 per sq.ft (2024)
• Annamalai Avenue Extention: Rs 4,400 per sq.ft (2024)

Stamp duty and registration fee for property in Alli Street(Chelliamman nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, while the registration fee at 2% would be Rs 44,000. Together, the total cost for these fees would be Rs 1,98,000. 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 details.

Which Sub Registrar Office covers Alli Street(Chelliamman nagar)?

The Sub Registrar Office that covers Alli Street(Chelliamman nagar) is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more information.

How the guideline value is used when you buy or sell in 5. Athipattu

The guideline value is a critical factor in the registration of property transactions in 5. Athipattu. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is registered, the guideline value is compared with the sale price, and the higher amount is used to calculate the applicable fees. This ensures that the government receives the correct revenue from property transactions in the region.

Frequently asked questions

What is the current guideline value for Alli Street(Chelliamman nagar)?

The current guideline value for Alli Street(Chelliamman nagar) is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Alli Street(Chelliamman nagar) has increased from Rs 1,340 per sq.ft in 2017 to Rs 2,200 per sq.ft in 2024, reflecting a total increase of 64% over this period.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000 and the registration fee would be Rs 44,000, totaling Rs 1,98,000.

Which Sub Registrar Office covers this area?

The Konnur Sub Registrar Office covers Alli Street(Chelliamman nagar), located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

What is the land classification for Alli Street(Chelliamman nagar)?

Alli Street(Chelliamman nagar) is classified as Residential Class I Type - II, indicating its suitability for residential development.