Guideline Value for Angalamman Koil Street Kudiyiruppu

Angalamman Koil Street Kudiyiruppu guideline value

The current guideline value of Angalamman Koil Street Kudiyiruppu is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Sekkadu village under the Avadi SRO, classified as Residential Class II Type - I.

How the guideline value of Angalamman Koil Street Kudiyiruppu has changed

The guideline value for Angalamman Koil Street Kudiyiruppu has seen several revisions over the years. In 2012, the guideline value was set at Rs 1,200 per sq.ft. This figure remained unchanged until the 2017 revision, which saw a decrease to Rs 804 per sq.ft. However, from 2017 to 2023, the value increased significantly by 49% to Rs 1,200 per sq.ft. 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.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Sekkadu

In Sekkadu, there are 56 streets under the Avadi SRO that have a 2024 guideline value ranging from Rs 930 to Rs 4,800 per sq.ft, with the median value being Rs 1,320 per sq.ft. The guideline value of Angalamman Koil Street Kudiyiruppu matches this median.

• Angala Eswari Street: Rs 1,320 per sq.ft (2024)
• Anna Nagar: Rs 930 per sq.ft (2024)
• Bajanai Koil Street: Rs 1,320 per sq.ft (2024)
• Balakumaran Nagar: Rs 1,075 per sq.ft (2024)
• C.S.I. School Street: Rs 1,320 per sq.ft (2024)
• Defence Colony: Rs 1,075 per sq.ft (2024)

Stamp duty and registration fee for property in Angalamman Koil Street Kudiyiruppu

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, making the total charges 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.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Angalamman Koil Street Kudiyiruppu?

The Sub Registrar Office that covers Angalamman Koil Street Kudiyiruppu is the Avadi Sub Registrar Office. The address is Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Sekkadu. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately and fairly, reflecting the official value set by the Registration Department. This ensures compliance with local regulations and helps in maintaining transparency in property transactions.

Frequently asked questions

What is the current guideline value of Angalamman Koil Street Kudiyiruppu?

The current guideline value of Angalamman Koil Street Kudiyiruppu is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then increased to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,320 per sq.ft in 2024.

What is the land classification for Angalamman Koil Street Kudiyiruppu?

Angalamman Koil Street Kudiyiruppu is classified as Residential Class II Type - I.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 13,20,000, the stamp duty would be Rs 92,400 and the registration fee would be Rs 26,400, totaling Rs 1,18,800. Duty is charged on the higher of the guideline value or the sale price.

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

The Avadi Sub Registrar Office covers Angalamman Koil Street Kudiyiruppu, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.