Guideline Value for Asiriyar Nagar 3st Street

Asiriyar Nagar 3st Street guideline value

The current guideline value of Asiriyar Nagar 3st 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 3st Street has changed

In the 2017 revision, the guideline value was set at Rs 402 per sq.ft. This increased to Rs 600 per sq.ft in the 2023 revision, reflecting a significant rise of 49%. The guideline value remained unchanged at Rs 600 per sq.ft in the 2024 revision, resulting in no percentage change from the previous year.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for Asiriyar Nagar 3st Street. Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 49%.

Guideline values in Thirukalukundrem A

Thirukalukundrem A has a total of 149 streets under the Thirukazhukundram SRO with 2024 guideline values 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 matches the guideline value of Asiriyar Nagar 3st Street.

• Asiriyar Nagar 2st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 4st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 1st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 5st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 16th Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 6st Street: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Asiriyar Nagar 3st 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, leading to a total cost of 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 3st Street?

The Sub Registrar Office that covers Asiriyar Nagar 3st 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 of property transactions in Thirukalukundrem A. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. Buyers should be aware that these costs are based on the guideline value or the sale price, whichever is higher, to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Asiriyar Nagar 3st Street?

The current guideline value of Asiriyar Nagar 3st 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 3st Street has increased from Rs 402 per sq.ft in 2017 to Rs 600 per sq.ft in 2023, and it has remained the same in 2024. This represents a 49% increase from 2017 to both 2023 and 2024.

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

The median guideline value for the 149 streets in Thirukalukundrem A is Rs 600 per sq.ft. Asiriyar Nagar 3st Street's guideline value aligns with this median.

What are the stamp duty and registration fees for property in Asiriyar Nagar 3st Street?

For a property 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. These fees are based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers Asiriyar Nagar 3st Street?

The Thirukazhukundram Sub Registrar Office covers Asiriyar Nagar 3st Street, located at Thiruchengode - 637 211, Chengalpattu registration zone.