Guideline Value for Asiriyar Nagar 5st Street

Asiriyar Nagar 5st Street guideline value

The current guideline value of Asiriyar Nagar 5st Street is Rs 600 per sq.ft. 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 5st Street has changed

In the 2017 revision, the guideline value was Rs 402 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded a value of Rs 600 per sq.ft. The most recent revision in 2024 also shows a guideline value of Rs 600 per sq.ft, indicating no change from the previous year. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, there was a significant increase of 49%. Overall, from 2017 to 2024, the guideline value has increased by 49% as well, reflecting the same rate in both recent revisions.

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 is Rs 600 per sq.ft, which is equal to the guideline value of Asiriyar Nagar 5st Street.

• Asiriyar Nagar 4st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 6st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 3st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 7st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 2st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 8st Street: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Asiriyar Nagar 5st 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 cost 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.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Asiriyar Nagar 5st Street?

The Sub Registrar Office that covers Asiriyar Nagar 5st 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 during the registration 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 transaction is recorded accurately in accordance with government regulations.

When buying or selling property, both the buyer and seller must be aware of the guideline value as it affects the stamp duty and registration fees payable. This ensures that all parties involved are aligned on the financial implications of the transaction.

Frequently asked questions

What is the current guideline value of Asiriyar Nagar 5st Street?

The current guideline value of Asiriyar Nagar 5st Street is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 402 per sq.ft in 2017 to Rs 600 per sq.ft in both 2023 and 2024, showing a 49% increase overall from 2017 to 2024.

What is the median guideline value in Thirukalukundrem A?

The median guideline value in Thirukalukundrem A is Rs 600 per sq.ft, which is the same as the guideline value for Asiriyar Nagar 5st Street.

What are the stamp duty and registration fees for property transactions?

Stamp duty is charged at 7%, while the registration fee is charged at 2% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Asiriyar Nagar 5st Street?

The Sub Registrar Office for Asiriyar Nagar 5st Street is located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find more information through the provided link.