Guideline Value for Asiriyar Nagar 1st Street

Asiriyar Nagar 1st Street guideline value

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

How the guideline value of Asiriyar Nagar 1st Street has changed

The guideline value for Asiriyar Nagar 1st Street has remained stable at Rs 600 per sq.ft since the 2023 revision, which also recorded the same figure. Prior to this, in the 2017 revision, the guideline value was Rs 402 per sq.ft, marking a significant increase of 49% from 2017 to 2023.

Overall, from the 2017 revision to the current 2024 revision, the guideline value has increased by 49%. It is important to note that there are no figures recorded for this street in the revisions from 2002, 2003, 2007, and 2012.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO, with guideline values ranging from Rs 300 to Rs 1,344 per sq.ft. The median guideline value is Rs 600 per sq.ft, which is equal to the 2024 figure for Asiriyar Nagar 1st Street.

• Asiriyar Nagar 16th Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 2st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 15th Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 3st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 14th Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 4st Street: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Asiriyar Nagar 1st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value is 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. Please note that the 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 detailed calculations.

Which Sub Registrar Office covers Asiriyar Nagar 1st Street?

The Sub Registrar Office that covers Asiriyar Nagar 1st 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 plays a crucial role in the registration process when buying or selling property in Thirukalukundrem A. It is used to determine the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Asiriyar Nagar 1st Street?

The current guideline value of Asiriyar Nagar 1st 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 since the 2023 revision. It increased from Rs 402 per sq.ft in 2017, marking a 49% increase overall from 2017 to 2024.

What is the median guideline value for streets in Thirukalukundrem A?

The median guideline value for streets in Thirukalukundrem A is Rs 600 per sq.ft, which is the same as the guideline value for Asiriyar Nagar 1st Street in 2024.

What are the registration fees for property in Asiriyar Nagar 1st Street?

For a 1,000 sq.ft plot valued at Rs 6,00,000, the stamp duty would be Rs 42,000 and the registration fee would be Rs 12,000, totaling Rs 54,000.

Which office handles registrations for Asiriyar Nagar 1st Street?

The Thirukazhukundram Sub Registrar Office handles registrations for Asiriyar Nagar 1st Street, located at Thiruchengode - 637 211, Chengalpattu registration zone.