Guideline Value for Asiriyar Nagar 13th Street

Asiriyar Nagar 13th Street guideline value

The current guideline value of Asiriyar Nagar 13th Street is Rs 600 per sq.ft, effective from 1 July 2024. This street is located in Thirukalukundrem A village, under the Thirukazhukundram SRO, and is classified as Residential Class I Type - III.

How the guideline value of Asiriyar Nagar 13th Street has changed

Asiriyar Nagar 13th Street has seen several revisions in its guideline value over the years. The most recent revision in 2024 maintains the guideline value at Rs 600 per sq.ft, which is the same as the 2023 revision. The 2017 revision recorded a guideline value of Rs 402 per sq.ft, marking a significant increase of 49% from 2017 to 2023, and an overall increase of 49% from 2017 to 2024.

It is important to note that there are no recorded figures for the years 2002, 2003, 2007, and 2012 for Asiriyar Nagar 13th Street. The consistent value of Rs 600 per sq.ft from 2023 to 2024 indicates stability in the guideline value during this period.

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. The median guideline value for these streets is Rs 600 per sq.ft, which aligns with the guideline value of Asiriyar Nagar 13th Street.

• Asiriyar Nagar 12th Cross Street: Rs 400 per sq.ft (2024)
• Asiriyar Nagar 14th Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 11th Cross Street: Rs 400 per sq.ft (2024)
• Asiriyar Nagar 15th Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 10th Cross Street: Rs 400 per sq.ft (2024)
• Asiriyar Nagar 16th Street: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Asiriyar Nagar 13th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value would be Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total to Rs 54,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Asiriyar Nagar 13th Street?

The Sub Registrar Office that covers Asiriyar Nagar 13th 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 when registering property transactions in Thirukalukundrem A. It serves as a benchmark for determining the minimum value of a property for registration purposes, ensuring transparency and compliance with local regulations.

When a property is bought or sold, the guideline value helps in calculating the applicable stamp duty and registration fees. Buyers and sellers must consider this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Asiriyar Nagar 13th Street?

The current guideline value of Asiriyar Nagar 13th Street is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Asiriyar Nagar 13th Street has remained at Rs 600 per sq.ft from 2023 to 2024. It increased from Rs 402 per sq.ft in 2017 to Rs 600 per sq.ft in 2023, reflecting a 49% increase over that period.

What is the land classification for Asiriyar Nagar 13th Street?

Asiriyar Nagar 13th Street is classified as Residential Class I Type - III, which indicates its suitability for residential development.

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

The Sub Registrar Office that covers Asiriyar Nagar 13th Street is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Asiriyar Nagar 13th Street?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the guideline value of Rs 6,00,000, the stamp duty would be Rs 42,000 at 7%.