Guideline Value for Asiriyar Nagar 9th Cross Street

Asiriyar Nagar 9th Cross Street guideline value

The current guideline value of Asiriyar Nagar 9th Cross Street is Rs 400 per sq.ft, effective from 1 July 2024. This street is located in Thirukalukundrem A village under the Thirukazhukundram SRO. The land classification is Residential Class IV Type - I.

How the guideline value of Asiriyar Nagar 9th Cross Street has changed

The guideline value for Asiriyar Nagar 9th Cross Street has seen several revisions over the years. The 2017 revision set the value at Rs 268 per sq.ft, which remained unchanged at Rs 400 per sq.ft in the 2023 revision. The 2024 revision also maintains the guideline value at Rs 400 per sq.ft, indicating no change from the previous year, thus showing a 49% increase from the 2017 figure.

There are no registered figures for 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 with a 2024 guideline value ranging from Rs 300 to Rs 1,344 per sq.ft. The median guideline value for these streets is Rs 600 per sq.ft, placing Asiriyar Nagar 9th Cross Street's 2024 figure below the median.

• Asiriyar Nagar 8st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 7st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 6st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 5st Street: Rs 600 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 9th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,00,000, the stamp duty at 7% amounts to Rs 28,000, and the registration fee at 2% is Rs 8,000, totaling Rs 36,000. 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 details.

Which Sub Registrar Office covers Asiriyar Nagar 9th Cross Street?

The Sub Registrar Office that covers Asiriyar Nagar 9th Cross 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 during the registration process of property transactions in Thirukalukundrem A. It is used to determine the stamp duty and registration fees applicable when buying or selling property in the area.

When a property is sold, the guideline value ensures that the transaction is registered at a fair value, reflecting the current market conditions as per the local government regulations. This helps maintain transparency and consistency in property dealings.

Frequently asked questions

What is the current guideline value of Asiriyar Nagar 9th Cross Street?

The current guideline value of Asiriyar Nagar 9th Cross Street is Rs 400 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%, remaining at Rs 400 per sq.ft in both the 2023 and 2024 revisions.

What is the land classification for Asiriyar Nagar 9th Cross Street?

The land classification for Asiriyar Nagar 9th Cross Street is Residential Class IV Type - I.

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

The Sub Registrar Office for Asiriyar Nagar 9th Cross Street is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For instance, for a property valued at Rs 4,00,000, the stamp duty would be Rs 28,000 at 7%.