Guideline Value for Arasiliyamman Koil Street

Arasiliyamman Koil Street guideline value

The current guideline value of Arasiliyamman Koil Street is Rs 150 per sq.ft, effective from 1 July 2024. This street is located in Puthuper village, under the Sriperumpudur SRO, classified as Residential Class III Type - I.

How the guideline value of Arasiliyamman Koil Street has changed

In the 2012 revision, the guideline value was Rs 150 per sq.ft. This figure remained unchanged until the 2017 revision, where it decreased to Rs 100 per sq.ft, marking a decline of 33%. The value then increased by 50% in the 2023 revision to Rs 150 per sq.ft, and it remained the same in the 2024 revision.

The register has no figure for this street for the years 2002, 2003, and 2007. Therefore, the only revisions available for Arasiliyamman Koil Street are from 2012, 2017, 2023, and 2024, showing a net change of 0% from 2012 to 2024.

Guideline values in Puthuper

Puthuper village has a total of 39 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 1,350 per sq.ft. The median guideline value in this village is Rs 400 per sq.ft, placing Arasiliyamman Koil Street's 2024 figure below that median.

• Anna Baba Nagar: Rs 300 per sq.ft (2024)
• Barathiyar Street: Rs 150 per sq.ft (2024)
• Chelliamman Nagar: Rs 400 per sq.ft (2024)
• Chelliamman Nagar - II: Rs 400 per sq.ft (2024)
• Cini production Assistants Nagar: Rs 510 per sq.ft (2024)
• Devadoss Garden: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Arasiliyamman Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 150 per sq.ft, the total guideline value would be Rs 1,50,000. The stamp duty at 7% would amount to Rs 10,500, and the registration fee at 2% would be Rs 3,000, making the total cost for these fees Rs 13,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Arasiliyamman Koil Street?

The Sub Registrar Office covering Arasiliyamman Koil Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions in Puthuper, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that the transaction is compliant with local regulations.

It is important for buyers and sellers to be aware of the guideline value, as it can influence the overall costs associated with property transactions. This helps in ensuring transparency and fairness in the registration process.

Frequently asked questions

What is the current guideline value of Arasiliyamman Koil Street?

The current guideline value of Arasiliyamman Koil Street is Rs 150 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Arasiliyamman Koil Street has seen several revisions, with the most recent being Rs 150 per sq.ft in 2024, unchanged from 2023. The value was Rs 100 per sq.ft in 2017, and Rs 150 per sq.ft in 2012.

What is the land classification for Arasiliyamman Koil Street?

Arasiliyamman Koil Street is classified as Residential Class III Type - I.

Where can I find the registration office for Arasiliyamman Koil Street?

The registration office for Arasiliyamman Koil Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

How is stamp duty calculated for properties in Puthuper?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a total stamp duty and registration fee of Rs 13,500.