Guideline Value for Dhurgaiyamman Koil 2nd Street

Dhurgaiyamman Koil 2nd Street guideline value

The current guideline value of Dhurgaiyamman Koil 2nd Street is Rs 700 per sq.ft, effective from 1 July 2024. This street is located in Uthiramerur village, under the Uthiramerur SRO, and is classified as Residential Class III Type - I.

How the guideline value of Dhurgaiyamman Koil 2nd Street has changed

The guideline value for Dhurgaiyamman Koil 2nd Street has seen several revisions over the years. The earliest recorded revision is from 2007, where the value was Rs 100 per sq.ft. This increased significantly to Rs 700 per sq.ft in 2012, marking a 600% rise. However, it then decreased to Rs 469 per sq.ft in 2017, a drop of 33%. The value remained at Rs 700 per sq.ft in both the 2023 and 2024 revisions, indicating no change between these two years.

There are no figures available for the years 2002 and 2003 for this street in the register. From 2017 to 2023, the guideline value increased by 49%, and overall, from 2007 to 2024, it has risen by 600%.

Guideline values in Uthiramerur

In Uthiramerur, there are 180 streets under the Uthiramerur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 1,800 per sq.ft, with the median being Rs 800 per sq.ft. Dhurgaiyamman Koil 2nd Street's 2024 figure of Rs 700 per sq.ft is below this median.

• Dhurgaiyamman Koil 3rd Street: Rs 700 per sq.ft (2024)
• Dhurgaiyamman Koil Street 1st Street: Rs 700 per sq.ft (2024)
• Dans Pettai: Rs 1,000 per sq.ft (2024)
• ChettiPettai: Rs 200 per sq.ft (2024)
• Gengaiyamman Koil street: Rs 900 per sq.ft (2024)
• Gindi vengadaswami Nayidu street: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Dhurgaiyamman Koil 2nd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value would be Rs 7,00,000. The stamp duty at 7% would amount to Rs 49,000, and the registration fee at 2% would be Rs 14,000, making the total cost Rs 63,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Dhurgaiyamman Koil 2nd Street?

The Sub Registrar Office that covers Dhurgaiyamman Koil 2nd Street is the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Uthiramerur. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value is referenced to calculate the applicable duties. Buyers should be aware that the duty is charged based on the higher of the guideline value or the actual sale price, which is important for financial planning during the transaction.

Frequently asked questions

What is the current guideline value of Dhurgaiyamman Koil 2nd Street?

The current guideline value of Dhurgaiyamman Koil 2nd Street is Rs 700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, with the most significant increase occurring from 2007 to 2012, where it rose from Rs 100 per sq.ft to Rs 700 per sq.ft. The value has remained stable at Rs 700 per sq.ft since 2012, with no change from 2023 to 2024.

What is the stamp duty for properties in Dhurgaiyamman Koil 2nd Street?

The stamp duty for properties in Dhurgaiyamman Koil 2nd Street is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would be Rs 49,000 based on the current guideline value.

Where is the Sub Registrar Office for Dhurgaiyamman Koil 2nd Street located?

The Sub Registrar Office for Dhurgaiyamman Koil 2nd Street is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.

What does the guideline value indicate?

The guideline value indicates the minimum value at which properties can be registered in a specific area. It is used to calculate the stamp duty and registration fees during property transactions.