Guideline Value for EASWARA NAGAR 4TH STREET

Easwara Nagar 4th Street guideline value

The current guideline value of Easwara Nagar 4th Street is Rs 4,600 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village under the Kodambakkam SRO, and it falls under Residential Class IV Type - I land classification.

How the guideline value of Easwara Nagar 4th Street has changed

The guideline value for Easwara Nagar 4th Street has seen several revisions over the years. In the 2007 revision, the value was set at Rs 1,050 per sq.ft. This increased significantly to Rs 4,300 per sq.ft in the 2012 revision, maintaining the same value through the 2023 revision. The latest revision in 2024 has raised the guideline value to Rs 4,600 per sq.ft, marking a 7% increase from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 338%. Notably, there are no figures available for the years 2002, 2003, and 2017 in the register for this street.

Guideline values in Puliyur

In Puliyur village, there are 648 streets under the Kodambakkam SRO that carry a 2024 guideline value, ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median value for these streets is Rs 5,800 per sq.ft, which means that the guideline value for Easwara Nagar 4th Street is below this median.

• Easwara Nagar 3rd Street: Rs 6,300 per sq.ft (2024)
• Easwara Nagar 5th Street: Rs 4,600 per sq.ft (2024)
• Easwara Nagar 2nd Street: Rs 4,600 per sq.ft (2024)
• Easwara Nagar 1st Street: Rs 4,600 per sq.ft (2024)
• East Mada Street: Rs 5,300 per sq.ft (2024)
• East Avenue: Rs 7,700 per sq.ft (2024)

Stamp duty and registration fee for property in Easwara Nagar 4th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,600 per sq.ft, the total guideline value would be Rs 46,00,000. The stamp duty at 7% would amount to Rs 3,22,000, and the registration fee at 2% would be Rs 92,000, bringing the total to Rs 4,14,000. It is important to note that 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 details.

Which Sub Registrar Office covers Easwara Nagar 4th Street?

The Sub Registrar Office that covers Easwara Nagar 4th Street is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Puliyur. When buying or selling property, this value is used to determine the stamp duty and registration fees, ensuring that all transactions are compliant with local regulations.

Frequently asked questions

What is the current guideline value of Easwara Nagar 4th Street?

The current guideline value of Easwara Nagar 4th Street is Rs 4,600 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2007, the guideline value has increased from Rs 1,050 per sq.ft to Rs 4,600 per sq.ft in 2024, representing a total increase of 338% over the years.

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

For a property valued at Rs 46,00,000, the stamp duty would be Rs 3,22,000 and the registration fee would be Rs 92,000, totaling Rs 4,14,000.

Which Sub Registrar Office covers Easwara Nagar 4th Street?

The Kodambakkam Sub Registrar Office covers Easwara Nagar 4th Street, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.

How is the guideline value determined for properties in Puliyur?

The guideline value is determined by the Registration Department and is based on various factors, including land classification and market trends in the area. It is updated periodically to reflect changes in property values.