Guideline Value for Cross Street (Vanniar)

Cross Street (Vanniar) guideline value

The current guideline value of Cross Street (Vanniar) is Rs 700 per sq.ft, effective from 1 July 2024. This street is located in Thirukalukundrem A village under the Thirukazhukundram SRO, classified as Residential Class III Type - I.

How the guideline value of Cross Street (Vanniar) has changed

In the 2017 revision, the guideline value was set at Rs 469 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded Rs 700 per sq.ft. The most recent 2024 revision has kept the guideline value at Rs 700 per sq.ft, indicating no change from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 49%. It is important to note that there are no recorded figures for Cross Street (Vanniar) for the revisions in 2002, 2003, 2007, and 2012.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO with a 2024 guideline value ranging from Rs 300 to Rs 1,344 per sq.ft. The median value for these streets is Rs 600 per sq.ft, placing Cross Street (Vanniar) above this median.

• Cpt Salai: Rs 1,005 per sq.ft (2024)
• Chinnakuttai Street: Rs 400 per sq.ft (2024)
• Chinnakadai Street: Rs 1,100 per sq.ft (2024)
• Dharmarajakoil Street: Rs 600 per sq.ft (2024)
• Dr.Ambedkar Street: Rs 600 per sq.ft (2024)
• Busstand (Indira Nagar): Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Cross Street (Vanniar)

For a 1,000 sq.ft plot at the current rate of Rs 700 per sq.ft, the guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, totaling Rs 63,000. 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 Cross Street (Vanniar)?

The Sub Registrar Office that covers Cross Street (Vanniar) is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Thirukalukundrem A. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs associated with the transfer of property ownership. It is essential for buyers and sellers to be aware of these values to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Cross Street (Vanniar)?

The current guideline value of Cross Street (Vanniar) is Rs 700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

From the 2017 revision to the 2024 revision, the guideline value has increased by 49%. The value remained the same from 2023 to 2024, with no changes recorded in the previous revisions for this street.

What is the median guideline value for streets in Thirukalukundrem A?

The median guideline value for the 149 streets in Thirukalukundrem A is Rs 600 per sq.ft. Cross Street (Vanniar) has a guideline value above this median.

What are the stamp duty and registration fees for property in Cross Street (Vanniar)?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 63,000. This includes a stamp duty of Rs 49,000 and a registration fee of Rs 14,000.

Where can I find the Sub Registrar Office for Cross Street (Vanniar)?

The Sub Registrar Office for Cross Street (Vanniar) is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone.