Guideline Value for CHELLIYAMMAN KOVIL 1st STREET

CHELLIYAMMAN KOVIL 1st STREET guideline value

The current guideline value of CHELLIYAMMAN KOVIL 1st STREET is Rs 101 per sq.ft, effective from 1 July 2024. This street is located in the village of Cheyyur under the Cheyyur SRO, and it falls under the Residential Class IV Type - I land classification.

How the guideline value of CHELLIYAMMAN KOVIL 1st STREET has changed

The guideline value for CHELLIYAMMAN KOVIL 1st STREET has seen several revisions over the years. The 2017 revision set the value at Rs 50 per sq.ft. This increased significantly to Rs 100 per sq.ft in the 2023 revision, marking a 100% rise. The most recent revision in 2024 brought the value to Rs 101 per sq.ft, reflecting a 1% increase from the previous year.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 102%.

Guideline values in Cheyyur - A

In the village of Cheyyur - A, there are 64 streets under the Cheyyur SRO that have a 2024 guideline value ranging from Rs 100 to Rs 500 per sq.ft. The median value is Rs 101 per sq.ft, which is the same as the guideline value for CHELLIYAMMAN KOVIL 1st STREET.

• CHELLIYAMMAN KOVIL 2nd STREET: Rs 101 per sq.ft (2024)
• Cheriyamman Koil Street: Rs 101 per sq.ft (2024)
• Chinna Errikarai Street: Rs 101 per sq.ft (2024)
• Devarajapuram Salai: Rs 101 per sq.ft (2024)
• Devarajapuram Street: Rs 101 per sq.ft (2024)
• Bajar Veethi: Rs 450 per sq.ft (2024)

Stamp duty and registration fee for property in CHELLIYAMMAN KOVIL 1st STREET

For a 1,000 sq.ft plot at the current rate of Rs 101 per sq.ft, the guideline value amounts to Rs 1,01,000. The stamp duty at 7% would be Rs 7,070, and the registration fee at 2% would be Rs 2,020, totaling Rs 9,090. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers CHELLIYAMMAN KOVIL 1st STREET?

The CHELLIYAMMAN KOVIL 1st STREET is covered by the Cheyyur Sub Registrar Office, located at 3/156, Salt Road, Cheyyur- 603 302, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Cheyyur - A. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a buyer or seller engages in a transaction, the guideline value is referenced to ensure that the appropriate taxes are paid. This helps maintain transparency and fairness in property dealings within the region.

Frequently asked questions

What is the current guideline value of CHELLIYAMMAN KOVIL 1st STREET?

The current guideline value of CHELLIYAMMAN KOVIL 1st STREET is Rs 101 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 50 per sq.ft to Rs 101 per sq.ft in 2024, marking an overall increase of 102%.

What is the land classification for CHELLIYAMMAN KOVIL 1st STREET?

CHELLIYAMMAN KOVIL 1st STREET is classified under Residential Class IV Type - I.

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

For a property valued at Rs 1,01,000, the total stamp duty and registration fees would amount to Rs 9,090, which includes Rs 7,070 for stamp duty and Rs 2,020 for the registration fee.

Where is the Sub Registrar Office for CHELLIYAMMAN KOVIL 1st STREET located?

The Cheyyur Sub Registrar Office is located at 3/156, Salt Road, Cheyyur- 603 302, Chengalpattu registration zone.