Guideline Value for Asiriyar Nagar 7st Street

Asiriyar Nagar 7st Street guideline value

The current guideline value of Asiriyar Nagar 7st Street is Rs 600 per sq.ft, effective from 1 July 2024. 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 7st Street has changed

In the 2017 revision, the guideline value for Asiriyar Nagar 7st Street was Rs 402 per sq.ft. This figure remained unchanged at Rs 600 per sq.ft in the 2023 revision and continues to be Rs 600 per sq.ft in the 2024 revision. Notably, there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street.

From 2017 to 2023, there was a significant increase of 49%, bringing the value to Rs 600 per sq.ft. The guideline value has remained stable from 2023 to 2024, showing no change of 0%. Overall, from 2017 to 2024, the increase is also 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 value is Rs 600 per sq.ft, which is equal to the guideline value of Asiriyar Nagar 7st Street.

• Asiriyar Nagar 6st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 8st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 5st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 9th Cross Street: Rs 400 per sq.ft (2024)
• Asiriyar Nagar 4st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 3st Street: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Asiriyar Nagar 7st 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 fees 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 our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Asiriyar Nagar 7st Street?

The Sub Registrar Office that covers Asiriyar Nagar 7st 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 serves as a reference point for determining the stamp duty and registration fees that must be paid during the transaction.

When a property is sold, the guideline value is used to ensure that the transaction is recorded at a fair value, which helps in preventing undervaluation. Buyers and sellers must be aware of the current guideline value to accurately calculate the associated costs of the property transaction.

Frequently asked questions

What is the current guideline value of Asiriyar Nagar 7st Street?

The current guideline value of Asiriyar Nagar 7st Street is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased by 49% to Rs 600 per sq.ft in both the 2023 and 2024 revisions. There were no figures available for the years 2002, 2003, 2007, and 2012.

What is the land classification for Asiriyar Nagar 7st Street?

The land classification for Asiriyar Nagar 7st Street is Residential Class I Type - III, indicating its suitability for residential development.

What are the stamp duty rates for properties in this area?

The stamp duty for properties in Asiriyar Nagar 7st Street is charged at a rate of 7% 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 for Asiriyar Nagar 7st Street is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone.