Guideline Value for EGAVALLIAMMAN KOIL STREET(OTHAVADAI STREET)

Egavalliamman Koil Street(Othavadai Street) guideline value

The current guideline value for Egavalliamman Koil Street(Othavadai Street) is Rs 3,300 per sq.ft, effective from 1 July 2024. This street is located in Thiruvottiyur village, under the Thiruvottiyur SRO, and is classified as Residential Special Type - I.

How the guideline value of Egavalliamman Koil Street(Othavadai Street) has changed

The guideline value for Egavalliamman Koil Street has seen several revisions over the years. In 2007, the guideline value was Rs 600 per sq.ft, which increased significantly to Rs 3,000 per sq.ft in 2012. However, this figure dropped to Rs 2,010 per sq.ft in 2017, marking a decrease of 33%. The value then rose sharply to Rs 3,000 per sq.ft in 2023, followed by the current value of Rs 3,300 per sq.ft in 2024, reflecting a 10% increase from the previous year.

Notably, the register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 450%, showcasing significant changes over the years.

Guideline values in Thiruvottiyur

In Thiruvottiyur, there are 177 streets that carry a guideline value for 2024, ranging from Rs 1,300 to Rs 8,600 per sq.ft. The median guideline value in this area is Rs 3,300 per sq.ft, which is equal to the current value of Egavalliamman Koil Street.

• Egavaliyamman Koil Street: Rs 3,300 per sq.ft (2024)
• Ellaiamman Koil Street: Rs 3,300 per sq.ft (2024)
• East Kulakkarai Street: Rs 3,700 per sq.ft (2024)
• East Ellaiamman Koil Street: Rs 3,300 per sq.ft (2024)
• Ennore Express Road: Rs 3,300 per sq.ft (2024)
• Esani Moorthi Koil Street: Rs 3,300 per sq.ft (2024)

Stamp duty and registration fee for property in Egavalliamman Koil Street(Othavadai Street)

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, leading to a total of Rs 2,97,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Egavalliamman Koil Street(Othavadai Street)?

The Sub Registrar Office that covers Egavalliamman Koil Street is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. For more information, you can find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Thiruvottiyur. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

Frequently asked questions

What is the current guideline value of Egavalliamman Koil Street?

The current guideline value of Egavalliamman Koil Street(Othavadai Street) is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2007 to Rs 3,300 per sq.ft in 2024, reflecting a total increase of 450% over the years.

What is the median guideline value in Thiruvottiyur?

The median guideline value in Thiruvottiyur is Rs 3,300 per sq.ft, which is the same as the guideline value for Egavalliamman Koil Street in 2024.

What are the stamp duty and registration fees for properties in Egavalliamman Koil Street?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty is Rs 2,31,000 and the registration fee is Rs 66,000, totaling Rs 2,97,000.

Which office handles registrations for Egavalliamman Koil Street?

The Thiruvottiyur Sub Registrar Office handles registrations for Egavalliamman Koil Street, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.