Guideline Value for Christudoss Street

Christudoss Street guideline value

The current guideline value of Christudoss Street in Selaiyur village is Rs 950 per sq.ft, effective from 1 July 2024. This property falls under the Selaiyur Sub Registrar Office (SRO) and is classified as Residential Class IV Type - II.

How the guideline value of Christudoss Street has changed

The guideline value for Christudoss Street has seen several revisions over the years. In 2012, the value was set at Rs 900 per sq.ft, which decreased to Rs 603 per sq.ft in 2017. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value up to Rs 900 per sq.ft. The latest revision in 2024 has increased the value to Rs 950 per sq.ft, marking a 6% rise from the previous year.

It is important to note that the register has no figures for the revisions in 2002, 2003, and 2007 for this street. Overall, the guideline value has increased by 6% from 2012 to 2024.

Guideline values in Selaiyur

In Selaiyur, there are 478 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 850 to Rs 6,500 per sq.ft, with a median value of Rs 2,200 per sq.ft. Christudoss Street's 2024 guideline value is below this median.

• Chritking School Street: Rs 950 per sq.ft (2024)
• Club Road: Rs 2,200 per sq.ft (2024)
• Chidambaranar Street: Rs 950 per sq.ft (2024)
• C.S.T Nagar Manimegalai Street Extn: Rs 1,300 per sq.ft (2024)
• C.S.T Santhamma Nagar: Rs 1,300 per sq.ft (2024)
• Defence Colony: Rs 950 per sq.ft (2024)

Stamp duty and registration fee for property in Christudoss Street

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, bringing the total fees together to Rs 85,500. 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 Christudoss Street?

The Sub Registrar Office that covers Christudoss Street is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial reference point during the registration of property transactions in Selaiyur. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that both buyers and sellers are aware of the official valuation of the property.

When a property is bought or sold, the guideline value helps in establishing a fair price for taxation purposes. It is essential for both parties to understand this value to avoid any disputes during the registration process.

Frequently asked questions

What is the current guideline value of Christudoss Street?

The current guideline value of Christudoss Street 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 median guideline value in Selaiyur?

The median guideline value in Selaiyur is Rs 2,200 per sq.ft, while Christudoss Street's 2024 value is below this median.

What fees are associated with property registration in Christudoss Street?

The fees include a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Christudoss Street located?

The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.