Guideline Value for EASWARAN KOIL ST

Easwaran Koil St guideline value

The current guideline value of Easwaran Koil St is Rs 1,625 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village under the Avadi SRO, classified as Residential Special Type - I.

How the guideline value of Easwaran Koil St has changed

The guideline value for Easwaran Koil St has undergone several revisions over the years. The earliest recorded revision is from 2012, where the value was Rs 1,200 per sq.ft. This figure increased to Rs 804 per sq.ft in 2017, then rose significantly to Rs 1,500 per sq.ft in 2023, and finally reached Rs 1,625 per sq.ft in the 2024 revision.

Between the revisions, the changes were notable: from 2012 to 2017, there was a decrease of 33%, followed by an increase of 87% from 2017 to 2023. The most recent change from 2023 to 2024 reflects an increase of 8%. Overall, from 2012 to 2024, the guideline value has increased by 35%.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO, with guideline values ranging from Rs 801 to Rs 4,730 per sq.ft. The median value is Rs 1,625 per sq.ft, which is equal to the current guideline value of Easwaran Koil St.

• East Garden St: Rs 1,625 per sq.ft (2024)
• Dr.Varadarasanar St: Rs 1,625 per sq.ft (2024)
• Dr.Ramadoss St Govarthanagiri: Rs 1,625 per sq.ft (2024)
• Dr.Raghunathan St: Rs 950 per sq.ft (2024)
• Elumalai Nayakkar St, Srinivasa Nagar Extn: Rs 1,625 per sq.ft (2024)
• Dr.Garden St Govarthanagiri: Rs 1,625 per sq.ft (2024)

Stamp duty and registration fee for property in Easwaran Koil St

For a 1,000 sq.ft plot at the current rate of Rs 1,625 per sq.ft, the guideline value would be Rs 16,25,000. The stamp duty at 7% would be Rs 1,13,750, and the registration fee at 2% would be Rs 32,500, making the total Rs 1,46,250. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Easwaran Koil St?

The Sub Registrar Office that covers Easwaran Koil St is the Avadi Sub Registrar Office. The address is Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions in Paruthipattu. It serves as a benchmark for determining the registration fees and stamp duty that need to be paid during the sale or purchase of property.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both the buyer and seller are aware of the financial implications associated with the transaction.

Frequently asked questions

What is the current guideline value of Easwaran Koil St?

The current guideline value of Easwaran Koil St is Rs 1,625 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 1,625 per sq.ft in 2024, with several revisions in between, including a significant increase of 87% from 2017 to 2023.

What is the land classification for Easwaran Koil St?

Easwaran Koil St is classified as Residential Special Type - I, indicating its suitability for residential development.

Where is the Avadi Sub Registrar Office located?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for properties in Easwaran Koil St?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft property at the current rate incurs a total of Rs 1,46,250 in fees.