Guideline Value for Dhurgaiyamman Koil 3rd Stret

Dhurgaiyamman Koil 3rd Stret guideline value

The current guideline value of Dhurgaiyamman Koil 3rd Stret 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 3rd Stret has changed

The guideline value for Dhurgaiyamman Koil 3rd Stret has seen several revisions over the years. In 2007, the guideline value was Rs 100 per sq.ft, which increased significantly to Rs 700 per sq.ft in 2012, marking a 600% rise. However, this value remained unchanged at Rs 700 per sq.ft until the next revision in 2017, where it dropped to Rs 469 per sq.ft, a decrease of 33%. The value then rose again to Rs 700 per sq.ft in 2023 and has remained the same in the 2024 revision.

From the 2017 revision to 2023, the guideline value increased by 49%. The overall change from the 2007 revision to the 2024 revision shows a 600% increase, reflecting the fluctuations in the property values over the years. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Uthiramerur

In Uthiramerur, there are 180 streets under the Uthiramerur SRO, with guideline values ranging from Rs 200 to Rs 1,800 per sq.ft. The median guideline value in the village is Rs 800 per sq.ft, placing Dhurgaiyamman Koil 3rd Stret's 2024 figure below this median.

• Dhurgaiyamman Koil 2nd 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 3rd Stret

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. 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 Dhurgaiyamman Koil 3rd Stret?

The Sub Registrar Office that covers Dhurgaiyamman Koil 3rd Stret 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 is a critical factor in the registration process when buying or selling property in Uthiramerur. It determines the minimum value at which the property can be registered and is used to calculate the stamp duty and registration fees payable at the time of registration.

When a property is sold, the guideline value serves as a benchmark for the transaction. If the sale price is higher than the guideline value, the stamp duty is calculated on the sale price, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Dhurgaiyamman Koil 3rd Stret?

The current guideline value of Dhurgaiyamman Koil 3rd Stret 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 from Rs 100 per sq.ft in 2007 to Rs 700 per sq.ft in 2012, then decreased to Rs 469 per sq.ft in 2017, and returned to Rs 700 per sq.ft in 2023 and 2024.

What is the land classification for Dhurgaiyamman Koil 3rd Stret?

Dhurgaiyamman Koil 3rd Stret is classified as Residential Class III Type - I.

What are the guideline values for other streets in Uthiramerur?

Other streets in Uthiramerur have varying guideline values, with rates ranging from Rs 200 to Rs 1,800 per sq.ft. For example, Dans Pettai is Rs 1,000 per sq.ft, while ChettiPettai is Rs 200 per sq.ft.

Where can I find the Uthiramerur Sub Registrar Office?

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