Guideline Value for Dhurgaiyamman Koil Street 1st Street

Dhurgaiyamman Koil Street 1st Street guideline value

The current guideline value for Dhurgaiyamman Koil Street 1st 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 Street 1st Street has changed

Since the 2007 revision, the guideline value for Dhurgaiyamman Koil Street 1st Street has seen significant changes. In 2007, the value was Rs 100 per sq.ft, which increased dramatically to Rs 700 per sq.ft in 2012, marking a rise of 600%. The 2017 revision recorded a decrease to Rs 469 per sq.ft, a drop of 33%. However, from 2017 to 2023, the value rose by 49% back to Rs 700 per sq.ft, where it remained unchanged in the 2024 revision.

The register has no figures for the years 2002 and 2003 for this street. The guideline value has consistently been Rs 700 per sq.ft from 2023 to 2024, indicating stability in the recent revisions.

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 value is Rs 800 per sq.ft, placing Dhurgaiyamman Koil Street 1st Street's 2024 figure below this median.

• Dhurgaiyamman Koil 3rd Street: Rs 700 per sq.ft (2024)
• Dhurgaiyamman Koil 2nd 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 Street 1st Street

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, bringing the total to Rs 63,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Dhurgaiyamman Koil Street 1st Street?

The Sub Registrar Office that covers Dhurgaiyamman Koil Street 1st 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 details.

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

The guideline value plays a crucial role during property registration in Uthiramerur. It serves as a benchmark for determining the stamp duty and registration fees that buyers and sellers must pay when completing a property transaction.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the state receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for Dhurgaiyamman Koil Street 1st Street?

The current guideline value for Dhurgaiyamman Koil Street 1st 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 significantly from Rs 100 per sq.ft in 2007 to Rs 700 per sq.ft in 2012, then dropped to Rs 469 per sq.ft in 2017. It returned to Rs 700 per sq.ft in 2023 and remained the same in 2024.

What is the median guideline value in Uthiramerur?

The median guideline value in Uthiramerur is Rs 800 per sq.ft, which is higher than the current value of Dhurgaiyamman Koil Street 1st Street.

What are the stamp duty and registration fees for a property in this area?

For a property valued at Rs 7,00,000, the stamp duty would be Rs 49,000 and the registration fee would be Rs 14,000, totaling Rs 63,000.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Dhurgaiyamman Koil Street 1st Street is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.