Guideline Value for Dr.Ambedhkar Street

Dr.Ambedhkar Street guideline value

The current guideline value of Dr.Ambedhkar Street is Rs 100 per sq.ft, effective from 1 July 2024. This street is located in Mevaloorkuppam B village under the Sriperumpudur SRO, classified as Residential Class IV Type - I.

How the guideline value of Dr.Ambedhkar Street has changed

The guideline value for Dr.Ambedhkar Street has remained consistent at Rs 100 per sq.ft for the revisions in 2023 and 2024, showing no change between these two years (+0%). For the years 2002, 2003, 2007, 2012, and 2017, the register has no figure for this street.

In summary, the guideline value has been stable at Rs 100 per sq.ft since the 2023 revision, with no previous figures available for the earlier years listed. This consistency reflects the current valuation set by the authorities.

Guideline values in Mevaloorkuppam B

In Mevaloorkuppam B, there are 84 streets under the Sriperumpudur SRO with a 2024 guideline value range from Rs 100 to Rs 6,200 per sq.ft. The median value is Rs 400 per sq.ft, indicating that Dr.Ambedhkar Street's 2024 figure is below this median.

• Dr.Kalaignar Street: Rs 300 per sq.ft (2024)
• Eden Garden: Rs 500 per sq.ft (2024)
• Elims Nagar: Rs 400 per sq.ft (2024)
• Cosmo city (south): Rs 1,320 per sq.ft (2024)
• Cosmo city ph.IV: Rs 1,320 per sq.ft (2024)
• Cosmo city ph.III: Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in Dr.Ambedhkar Street

For a 1,000 sq.ft plot at the current rate of Rs 100 per sq.ft, the guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, totaling Rs 9,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Dr.Ambedhkar Street?

The Sub Registrar Office that covers Dr.Ambedhkar Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Mevaloorkuppam B. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

During the registration process, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the transaction is accurately recorded and that the appropriate fees are collected by the authorities.

Frequently asked questions

What is the current guideline value of Dr.Ambedhkar Street?

The current guideline value of Dr.Ambedhkar Street is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 100 per sq.ft for the revisions in 2023 and 2024. There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2017.

What is the classification of Dr.Ambedhkar Street?

Dr.Ambedhkar Street is classified as Residential Class IV Type - I under the guideline value register.

What is the median guideline value in Mevaloorkuppam B?

The median guideline value in Mevaloorkuppam B is Rs 400 per sq.ft, while Dr.Ambedhkar Street's value is below this median at Rs 100 per sq.ft.

Where can I find the Sub Registrar Office for Dr.Ambedhkar Street?

The Sub Registrar Office for Dr.Ambedhkar Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.