Guideline Value for Asiriyar Nagar 15th Street

Asiriyar Nagar 15th Street guideline value

The current guideline value of Asiriyar Nagar 15th Street is Rs 600 per sq.ft, effective from 1 July 2024. This street is located in Thirukalukundrem A village, under the Thirukazhukundram SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Asiriyar Nagar 15th Street has changed

The guideline value for Asiriyar Nagar 15th Street has remained consistent at Rs 600 per sq.ft from the 2023 revision to the 2024 revision, showing no change. Prior to this, the 2017 revision set the value at Rs 402 per sq.ft, marking a significant increase of 49% from 2017 to 2023.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 49%. The register does not contain 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. The median value for these streets is Rs 600 per sq.ft, making the guideline value of Asiriyar Nagar 15th Street equal to this median.

• Asiriyar Nagar 14th Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 16th Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 13th Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 1st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 12th Cross Street: Rs 400 per sq.ft (2024)
• Asiriyar Nagar 2st Street: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Asiriyar Nagar 15th Street

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

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Asiriyar Nagar 15th Street?

The Sub Registrar Office that covers Asiriyar Nagar 15th 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 an important factor when registering property transactions in Thirukalukundrem A. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

When buying or selling property, the guideline value is used to ensure that the transaction is registered at a value that reflects the official rates set by the government. This helps in maintaining transparency and consistency in property dealings.

Frequently asked questions

What is the current guideline value of Asiriyar Nagar 15th Street?

The current guideline value of Asiriyar Nagar 15th Street is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 600 per sq.ft from 2023 to 2024, and it increased by 49% from Rs 402 per sq.ft in 2017 to Rs 600 per sq.ft in 2023.

What is the land classification for Asiriyar Nagar 15th Street?

The land classification for Asiriyar Nagar 15th Street is Residential Class I Type - III.

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

The Sub Registrar Office for Asiriyar Nagar 15th Street is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone.

How is the stamp duty calculated for property transactions?

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