Guideline Value for CHINNAMMAN KOIL ST KONAMBEDU

Chinnamman Koil St Konambedu guideline value

The current guideline value of Chinnamman Koil St Konambedu is Rs 950 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village under the Avadi SRO, classified as Residential Class II Type - I.

How the guideline value of Chinnamman Koil St Konambedu has changed

The guideline value has undergone several revisions over the years. The earliest recorded figure is from 2012, where the value was Rs 900 per sq.ft. This was followed by a decrease to Rs 603 per sq.ft in 2017. The 2023 revision saw an increase to Rs 900 per sq.ft, and the most recent 2024 revision has set the value at Rs 950 per sq.ft, marking a 6% increase from the previous year.

From 2012 to 2017, the guideline value decreased by 33%. However, between 2017 and 2023, there was a significant increase of 49%. Overall, from 2012 to 2024, there has been a modest increase of 6% in the guideline value.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 801 to Rs 4,730 per sq.ft. The median value is Rs 1,625 per sq.ft, indicating that Chinnamman Koil St's 2024 figure is below this median.

• Chinnamman Koil St: Rs 1,625 per sq.ft (2024)
• Chinnamman Nagar: Rs 1,625 per sq.ft (2024)
• Chennai Green City: Rs 950 per sq.ft (2024)
• Chandran St: Rs 950 per sq.ft (2024)
• Chandra City: Rs 1,100 per sq.ft (2024)
• Crown City: Rs 4,400 per sq.ft (2024)

Stamp duty and registration fee for property in Chinnamman Koil St Konambedu

For a 1,000 sq.ft plot at the current guideline value of Rs 950 per sq.ft, the total guideline value would be Rs 9,50,000. The stamp duty at 7% would amount to Rs 66,500, and the registration fee at 2% would be Rs 19,000, making the combined cost Rs 85,500. Please note that duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chinnamman Koil St Konambedu?

The Sub Registrar Office that covers Chinnamman Koil St Konambedu is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Paruthipattu. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue based on the property's value.

Frequently asked questions

What is the current guideline value of Chinnamman Koil St Konambedu?

The current guideline value of Chinnamman Koil St Konambedu is Rs 950 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then back to Rs 900 per sq.ft in 2023, and finally to Rs 950 per sq.ft in 2024.

What is the land classification for Chinnamman Koil St Konambedu?

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

Where can I find the Sub Registrar Office for Chinnamman Koil St Konambedu?

The Sub Registrar Office for Chinnamman Koil St Konambedu is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for properties in Chinnamman Koil St Konambedu?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 9,50,000, the stamp duty would be Rs 66,500 at 7%.