Guideline Value for Dhanthoniamman Koil Thoder Street 1 to 4 Street

Dhanthoniamman Koil Thoder Street 1 to 4 Street guideline value

The current guideline value of Dhanthoniamman Koil Thoder Street 1 to 4 Street is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Malligaicherry village and falls under the Konnur SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Dhanthoniamman Koil Thoder Street 1 to 4 Street has changed

The guideline value for Dhanthoniamman Koil Thoder Street 1 to 4 Street has seen several revisions over the years. In 2007, the value was Rs 700 per sq.ft, which increased significantly to Rs 2,250 per sq.ft in 2012. However, it then decreased to Rs 1,507 per sq.ft in 2017. From 2017 to 2023, the value rose to Rs 2,250 per sq.ft, and in the latest revision for 2024, it stands at Rs 2,400 per sq.ft.

Overall, from 2007 to 2024, the guideline value has increased by 243%. The changes between revisions include a 221% increase from 2007 to 2012, a 33% decrease from 2012 to 2017, a 49% increase from 2017 to 2023, and a 7% increase from 2023 to 2024. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Malligaicherry

Malligaicherry village has 49 streets under the Konnur SRO that carry a 2024 guideline value ranging from Rs 2,200 to Rs 6,000 per sq.ft, with the median value being Rs 2,400 per sq.ft. Dhanthoniamman Koil Thoder Street 1 to 4 Street's 2024 figure is equal to this median.

• Dhanthoniamman Koil Extension 1 to 4 Street: Rs 2,200 per sq.ft (2024)
• Dhanthoniammain Koil Street: Rs 3,000 per sq.ft (2024)
• Dhanthoniammain Koil Lane: Rs 2,200 per sq.ft (2024)
• East Seeyalam Canal 1st and 2nd Street: Rs 2,400 per sq.ft (2024)
• ICF Road (East Seeyalam to Railway Line): Rs 3,800 per sq.ft (2024)
• ICF Road (M.T.H to East Seeyalam): Rs 3,800 per sq.ft (2024)

Stamp duty and registration fee for property in Dhanthoniamman Koil Thoder Street 1 to 4 Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value would be Rs 24,00,000. The stamp duty at 7% would be Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, bringing the total to Rs 2,16,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Dhanthoniamman Koil Thoder Street 1 to 4 Street?

The Sub Registrar Office that covers Dhanthoniamman Koil Thoder Street 1 to 4 Street is the Konnur Sub Registrar Office, located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions in Malligaicherry, as it determines the minimum price at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations and to facilitate the registration process.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Dhanthoniamman Koil Thoder Street 1 to 4 Street?

The current guideline value of Dhanthoniamman Koil Thoder Street 1 to 4 Street is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2007 to Rs 2,400 per sq.ft in 2024, representing a total increase of 243%. There were several fluctuations, including a decrease in 2017 and increases in subsequent years.

What is the land classification for this street?

The land classification for Dhanthoniamman Koil Thoder Street 1 to 4 Street is Residential Class II Type - I.

Which office handles registrations for this area?

The Konnur Sub Registrar Office handles registrations for Dhanthoniamman Koil Thoder Street 1 to 4 Street, located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 24,00,000, the stamp duty would be Rs 1,68,000 and the registration fee would be Rs 48,000.