Guideline Value for Ayya Dhurai Nayudu Street

Ayya Dhurai Nayudu Street guideline value

The current guideline value of Ayya Dhurai Nayudu Street is Rs 1,200 per sq.ft, effective from 1 July 2024. This street is located in Uthiramerur village, which falls under the Uthiramerur SRO, and is classified as Residential Special Type - I.

How the guideline value of Ayya Dhurai Nayudu Street has changed

In the 2007 revision, the guideline value was Rs 147 per sq.ft. This increased to Rs 400 per sq.ft in 2012, marking a rise of 172%. However, in the 2017 revision, the value saw a significant increase to Rs 268 per sq.ft, which was a decrease of 33% from the previous revision. The 2023 revision maintained the value at Rs 1,200 per sq.ft, and this was unchanged in the 2024 revision, resulting in a 348% increase from 2017 to 2023.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 716%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Uthiramerur

In Uthiramerur, there are 180 streets under the Uthiramerur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 1,800 per sq.ft, with a median value of Rs 800 per sq.ft. Ayya Dhurai Nayudu Street's 2024 figure of Rs 1,200 per sq.ft is above this median.

• Ayya Thandavaraya Chetty Street: Rs 1,500 per sq.ft (2024)
• Astalakshmi Homes: Rs 1,000 per sq.ft (2024)
• Asaiya Nagar: Rs 905 per sq.ft (2024)
• Arunachalapillai Chathiram Kalani: Rs 700 per sq.ft (2024)
• Arunachalapillai Chathiram: Rs 401 per sq.ft (2024)
• Balaji Nagar: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Ayya Dhurai Nayudu Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value amounts to Rs 12,00,000. The stamp duty at 7% would be Rs 84,000, and the registration fee at 2% would be Rs 24,000, bringing the total to Rs 1,08,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ayya Dhurai Nayudu Street?

The Sub Registrar Office that covers Ayya Dhurai Nayudu Street is the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Uthiramerur. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that these charges are based on a standardized value rather than the negotiated sale price.

When buying or selling property, the guideline value helps in determining the official value of the property for registration purposes. This ensures transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Ayya Dhurai Nayudu Street?

The current guideline value of Ayya Dhurai Nayudu Street is Rs 1,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2007 revision, the guideline value has increased by 716% to reach Rs 1,200 per sq.ft in 2024. The most notable change occurred between 2017 and 2023, where it increased by 348%.

What are the stamp duty and registration fees for property in Ayya Dhurai Nayudu Street?

The stamp duty is charged at 7% of the guideline value, while the registration fee is 2%. For a property valued at Rs 12,00,000, the total fees would amount to Rs 1,08,000.

Which Sub Registrar Office covers Ayya Dhurai Nayudu Street?

The Uthiramerur Sub Registrar Office covers Ayya Dhurai Nayudu Street. It is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.

What is the land classification of Ayya Dhurai Nayudu Street?

Ayya Dhurai Nayudu Street is classified as Residential Special Type - I, indicating its suitability for residential development under the guidelines set by the local authorities.