Guideline Value for Amman Kovil Street

Amman Kovil Street guideline value

The current guideline value of Amman Kovil Street is Rs 250 per sq.ft, effective from 1 July 2024. This street is located in Thirupanthiyoor village, under the Sunguvarchattram SRO, and is classified as Residential Class III Type - I.

How the guideline value of Amman Kovil Street has changed

Looking at the revisions, the guideline value for Amman Kovil Street has remained consistent at Rs 250 per sq.ft from the 2023 revision to the 2024 revision, showing a change of +0%. In the 2017 revision, the value was Rs 167 per sq.ft, which marked a significant increase of +50% when compared to the 2017 figure. The 2012 revision also recorded a value of Rs 250 per sq.ft, reflecting a decrease of -33% from the previous 2012 figure to the 2017 figure.

Overall, from the 2012 revision to the 2024 revision, the guideline value has not changed, remaining at Rs 250 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thirupanthiyoor

In Thirupanthiyoor, there are 53 streets under the Sunguvarchattram SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 900 per sq.ft. The median guideline value in this village is Rs 350 per sq.ft, which means Amman Kovil Street's 2024 figure is below that median.

• Ambethkar Street: Rs 200 per sq.ft (2024)
• Angel Avenue: Rs 450 per sq.ft (2024)
• Angel Town: Rs 450 per sq.ft (2024)
• Anna Street: Rs 200 per sq.ft (2024)
• Anthoniyarpuram: Rs 200 per sq.ft (2024)
• Anthoniyar Street: Rs 350 per sq.ft (2024)

Stamp duty and registration fee for property in Amman Kovil Street

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, totaling Rs 22,500. Please note that the duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Amman Kovil Street?

The Sub Registrar Office that covers Amman Kovil Street is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road, opposite Caparo Company, Sunguvarchatram, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thirupanthiyoor. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair value according to government standards.

When a buyer or seller approaches the registration office, the guideline value will be referenced to calculate applicable fees, including stamp duty and registration fees. This ensures that both parties are aware of the financial implications of the transaction based on the established guideline value.

Frequently asked questions

What is the current guideline value of Amman Kovil Street?

The current guideline value of Amman Kovil Street is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained the same at Rs 250 per sq.ft from 2023 to 2024. It increased from Rs 167 per sq.ft in 2017 to Rs 250 per sq.ft in 2012, reflecting a +50% change.

What is the land classification for Amman Kovil Street?

Amman Kovil Street is classified as Residential Class III Type - I, indicating its suitability for residential purposes.

Where can I find the registration office for Amman Kovil Street?

The registration office for Amman Kovil Street is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road, opposite Caparo Company, Sunguvarchatram, Chengalpattu registration zone.

How is stamp duty calculated for properties in Thirupanthiyoor?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 2,50,000, the stamp duty would be 7% of that amount.