Guideline Value for Asiriyar Nagar 6st Street

Asiriyar Nagar 6st Street guideline value

The current guideline value of Asiriyar Nagar 6st Street is Rs 600 per sq.ft. This street is located in Thirukalukundrem A village, under the Thirukazhukundram SRO, and falls under the Residential Class I Type - III land classification.

How the guideline value of Asiriyar Nagar 6st Street has changed

The guideline value for Asiriyar Nagar 6st Street has remained stable at Rs 600 per sq.ft since the 2023 revision, which also had the same value. Prior to that, in the 2017 revision, the guideline value was Rs 402 per sq.ft, marking a 49% increase from 2017 to 2023. The register has no figures for the years 2002, 2003, 2007, and 2012.

Overall, from the 2017 revision to the current 2024 revision, the guideline value has increased by 49%, maintaining the rate of Rs 600 per sq.ft established in 2023. The consistency in the guideline value from 2023 to 2024 reflects stability in this area.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO that carry a 2024 guideline value. The values range from Rs 300 to Rs 1,344 per sq.ft, with the median being Rs 600 per sq.ft. Asiriyar Nagar 6st Street's 2024 figure aligns with this median.

• Asiriyar Nagar 5st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 7st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 4st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 8st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 3st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 9th Cross Street: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Asiriyar Nagar 6st 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, resulting in a total 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 information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Asiriyar Nagar 6st Street?

The Sub Registrar Office that covers Asiriyar Nagar 6st Street is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Thirukalukundrem A

The guideline value is a crucial factor when buying or selling property in Thirukalukundrem A. It determines the minimum price at which a property can be registered, ensuring that the sale price reflects the value of the property as assessed by the government.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, which are based on the higher of the guideline value or the sale price. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Asiriyar Nagar 6st Street?

The current guideline value of Asiriyar Nagar 6st 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 2023. It increased from Rs 402 per sq.ft in 2017, marking a 49% increase over the years.

What is the land classification for Asiriyar Nagar 6st Street?

Asiriyar Nagar 6st Street falls under the Residential Class I Type - III land classification.

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

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.

Which office handles property registration for Asiriyar Nagar 6st Street?

The Thirukazhukundram Sub Registrar Office handles property registration for Asiriyar Nagar 6st Street, located at Thiruchengode - 637 211, Chengalpattu registration zone.