Guideline Value for ELLAIAMMAN KOIL ST

Ellaiamman Koil St guideline value

The current guideline value of Ellaiamman Koil St in Thiritheri village is Rs 1,000 per sq.ft, as per the 2024 revision effective from 1 July 2024. This street falls under the Chengleput Joint II SRO and is classified as Residential Special Type - I.

How the guideline value of Ellaiamman Koil St has changed

Looking at the historical revisions, the guideline value for Ellaiamman Koil St has seen various changes over the years. The 2012 revision set the value at Rs 1,000 per sq.ft, which remained unchanged in the subsequent 2017 revision that reduced it to Rs 670 per sq.ft. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value back to Rs 1,000 per sq.ft. The most recent revision in 2024 maintains this figure, showing no change from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, comparing the values from 2012 to 2024, there has been no net change, as the value remains at Rs 1,000 per sq.ft.

Guideline values in Thiritheri

In Thiritheri village, there are 12 streets under the Chengleput Joint II SRO that have a 2024 guideline value ranging from Rs 702 to Rs 1,750 per sq.ft, with the median value being Rs 1,000 per sq.ft. Ellaiamman Koil St's 2024 guideline value aligns perfectly with this median.

• Gandhi Nagar: Rs 1,493 per sq.ft (2024)
• Boulevard Villa Phase-II: Rs 1,000 per sq.ft (2024)
• Boulevad Villa: Rs 1,000 per sq.ft (2024)
• Anna Nagar: Rs 702 per sq.ft (2024)
• Amma Nagar: Rs 702 per sq.ft (2024)
• Kishen Nagar: Rs 702 per sq.ft (2024)

Stamp duty and registration fee for property in Ellaiamman Koil St

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total fees to Rs 90,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Ellaiamman Koil St?

The Sub Registrar Office covering Ellaiamman Koil St is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thiritheri. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that these costs are calculated based on the established value for the property.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the stamp duty and registration fees. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Ellaiamman Koil St?

The current guideline value of Ellaiamman Koil St is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,000 per sq.ft since 2012, with a reduction to Rs 670 per sq.ft in 2017, followed by an increase back to Rs 1,000 per sq.ft in 2023. The value has not changed from 2023 to 2024.

What are the other streets with guideline values in Thiritheri?

Other streets in Thiritheri have guideline values ranging from Rs 702 to Rs 1,750 per sq.ft. The median value for these streets is Rs 1,000 per sq.ft, which is the same as that of Ellaiamman Koil St.

What are the stamp duty and registration fees for properties in Ellaiamman Koil St?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 10,00,000, the total fees would be Rs 90,000.

Where is the Sub Registrar Office for Ellaiamman Koil St located?

The Sub Registrar Office for Ellaiamman Koil St is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.