Guideline Value for Asiriyar Nagar 11th Cross Street

Asiriyar Nagar 11th Cross Street guideline value

The current guideline value of Asiriyar Nagar 11th Cross Street is Rs 400 per sq.ft, effective from 1 July 2024. This street is located in Thirukalukundrem A village under the Thirukazhukundram SRO, classified as Residential Class IV Type - I.

How the guideline value of Asiriyar Nagar 11th Cross Street has changed

In the 2017 revision, the guideline value was Rs 268 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded Rs 400 per sq.ft. The 2024 revision has kept the guideline value at Rs 400 per sq.ft, showing no change from the previous year.

From 2017 to 2023, there was a significant increase of 49%. Overall, from 2017 to 2024, the guideline value has increased by 49%, reflecting the same value of Rs 400 per sq.ft in the most recent revisions. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 1,344 per sq.ft, with a median value of Rs 600 per sq.ft. The guideline value of Asiriyar Nagar 11th Cross Street is below this median.

• Asiriyar Nagar 10th Cross Street: Rs 400 per sq.ft (2024)
• Asiriyar Nagar 12th Cross Street: Rs 400 per sq.ft (2024)
• Asiriyar Nagar 13th Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 14th Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 15th Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 16th Street: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Asiriyar Nagar 11th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value is Rs 4,00,000. The stamp duty at 7% would be Rs 28,000, and the registration fee at 2% would be Rs 8,000, totaling Rs 36,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Asiriyar Nagar 11th Cross Street?

The Sub Registrar Office that covers Asiriyar Nagar 11th Cross Street is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

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

It is important for buyers and sellers to be aware of the guideline value, as it can affect the overall cost of the transaction. Accurate knowledge of the guideline value helps in making informed decisions during property dealings.

Frequently asked questions

What is the current guideline value of Asiriyar Nagar 11th Cross Street?

The current guideline value of Asiriyar Nagar 11th Cross Street is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 400 per sq.ft from 2023 to 2024, with a 49% increase from Rs 268 per sq.ft in 2017 to 2023. Overall, there has been a 49% increase from 2017 to 2024.

What is the land classification for Asiriyar Nagar 11th Cross Street?

Asiriyar Nagar 11th Cross Street is classified as Residential Class IV Type - I.

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

For a 1,000 sq.ft plot, the total guideline value is Rs 4,00,000. The stamp duty at 7% is Rs 28,000, and the registration fee at 2% is Rs 8,000, totaling Rs 36,000.

Which Sub Registrar Office covers this area?

The Thirukazhukundram Sub Registrar Office covers Asiriyar Nagar 11th Cross Street, located at Thiruchengode - 637 211, Chengalpattu registration zone.