Guideline Value for CHELLIAMMAN KOIL ST, YASODHA NAGAR

Chelliamman Koil St, Yasodha Nagar guideline value

The current guideline value of Chelliamman Koil St, Yasodha Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Kilkattalai village, under the Pallavaram SRO, and is classified as Residential Class II Type - I.

How the guideline value of Chelliamman Koil St, Yasodha Nagar has changed

The guideline value for Chelliamman Koil St has seen several revisions over the years. In 2012, the guideline value was Rs 1,800 per sq.ft. This figure remained unchanged until the 2017 revision, which saw a decrease to Rs 1,206 per sq.ft. However, from 2017 to 2023, the value increased significantly to Rs 1,800 per sq.ft, marking a 49% rise. The most recent revision in 2024 set the guideline value at Rs 1,980 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Kilkattalai

In Kilkattalai, there are 194 streets under the Pallavaram SRO that have a 2024 guideline value ranging from Rs 1,080 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,530 per sq.ft, placing Chelliamman Koil St's 2024 figure below this median.

• Chelliamman Koil St, Gandhi Nagar: Rs 1,980 per sq.ft (2024)
• Chelliyamman Koil Street(Sivan Koil Street): Rs 1,980 per sq.ft (2024)
• Chakrapani St, Gandhi Nagar: Rs 2,200 per sq.ft (2024)
• Chittheri Quarters: Rs 2,160 per sq.ft (2024)
• Cmrd Road: Rs 3,300 per sq.ft (2024)
• Colony Street: Rs 1,080 per sq.ft (2024)

Stamp duty and registration fee for property in Chelliamman Koil St, Yasodha Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value would be Rs 19,80,000. The stamp duty at 7% would amount to Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, totaling Rs 1,78,200. It is important to note that 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 Chelliamman Koil St, Yasodha Nagar?

The Sub Registrar Office that covers Chelliamman Koil St, Yasodha Nagar is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Kilkattalai. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that the transaction is recorded accurately in the official register.

When buying or selling property, the guideline value serves as a benchmark for the transaction price. This value is particularly important as it influences the financial obligations of both buyers and sellers during the registration process.

Frequently asked questions

What is the current guideline value of Chelliamman Koil St, Yasodha Nagar?

The current guideline value of Chelliamman Koil St, Yasodha Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then increased to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,980 per sq.ft in 2024.

What is the land classification for Chelliamman Koil St?

Chelliamman Koil St is classified as Residential Class II Type - I.

Where can I find the registration office for this area?

The registration office for Chelliamman Koil St, Yasodha Nagar is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 19,80,000, the stamp duty would be Rs 1,38,600 at 7%.