Guideline Value for Asiriyar Nagar 4st Street

Asiriyar Nagar 4st Street guideline value

The current guideline value of Asiriyar Nagar 4st Street is Rs 600 per sq.ft. 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 4st Street has changed

The guideline value for Asiriyar Nagar 4st Street has remained consistent at Rs 600 per sq.ft from the 2023 revision through to the 2024 revision, indicating a change of +0%. Prior to this, in the 2017 revision, the guideline value was Rs 402 per sq.ft, reflecting a significant increase of +49% from 2017 to 2023.

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

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 is Rs 600 per sq.ft, which is equal to the current guideline value of Asiriyar Nagar 4st Street.

• Asiriyar Nagar 3st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 5st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 2st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 6st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 1st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 7st Street: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Asiriyar Nagar 4st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total 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, making the total charges together Rs 54,000. It is important to 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 4st Street?

The Sub Registrar Office that covers Asiriyar Nagar 4st 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 critical factor in the registration process when buying or selling property in Thirukalukundrem A. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official records.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that these fees are based on the guideline value or the sale price, whichever is higher, which can significantly affect the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Asiriyar Nagar 4st Street?

The current guideline value of Asiriyar Nagar 4st 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. It increased from Rs 402 per sq.ft in 2017 to Rs 600 per sq.ft in 2023, marking a 49% increase over that period.

What is the land classification for Asiriyar Nagar 4st Street?

The land classification for Asiriyar Nagar 4st Street is Residential Class I Type - III, indicating its designated use for residential purposes.

What are the stamp duty and registration fees for properties in this area?

For a property valued at the guideline rate of 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 calculated based on the guideline value or the sale price, whichever is higher.

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

The Sub Registrar Office covering Asiriyar Nagar 4st Street is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone.