Guideline Value for ELLAMMAL KOIL STREET

Ellammal Koil Street guideline value

The current guideline value of Ellammal Koil Street is Rs 440 per sq.ft, effective from 1 July 2024. This street is located in the Thiruninravur-A village under the Avadi SRO, and it falls under the Residential Class III Type - III land classification.

How the guideline value of Ellammal Koil Street has changed

In the 2017 revision, the guideline value for Ellammal Koil Street was Rs 268 per sq.ft. This figure saw a significant increase in the 2023 revision, rising to Rs 400 per sq.ft, marking a change of 49%. The most recent revision in 2024 set the guideline value at Rs 440 per sq.ft, reflecting a further increase of 10% from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a guideline value for 2024, ranging from Rs 440 to Rs 2,750 per sq.ft, with a median value of Rs 750 per sq.ft. The guideline value of Ellammal Koil Street is below this median.

• Ennai Petra Thaiyar Nagar: Rs 660 per sq.ft (2024)
• E.B.Colony Streets: Rs 840 per sq.ft (2024)
• Durasami Avenue & Streets: Rs 750 per sq.ft (2024)
• D.S.Avenue: Rs 770 per sq.ft (2024)
• Drr Nagar: Rs 990 per sq.ft (2024)
• Ganapathy Nagar & Streets: Rs 840 per sq.ft (2024)

Stamp duty and registration fee for property in Ellammal Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value amounts to Rs 4,40,000. The stamp duty at 7% would be Rs 30,800, and the registration fee at 2% would be Rs 8,800, bringing the total fees to Rs 39,600. Please note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ellammal Koil Street?

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

How the guideline value is used when you buy or sell in Thiruninravur-A

The guideline value plays a crucial role during the registration process of property transactions in Thiruninravur-A. It is used to determine the stamp duty and registration fees that buyers are required to pay when purchasing property in the area.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the government receives the correct amount of revenue based on the property's value.

Frequently asked questions

What is the current guideline value of Ellammal Koil Street?

The current guideline value of Ellammal Koil Street is Rs 440 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 268 per sq.ft in 2017 to Rs 440 per sq.ft in 2024, marking an overall increase of 64% during this period.

What are the stamp duty and registration fees for properties on this street?

For a 1,000 sq.ft plot at the current guideline value, the total fees would be Rs 39,600, which includes a stamp duty of Rs 30,800 and a registration fee of Rs 8,800.

Which Sub Registrar Office handles registrations for Ellammal Koil Street?

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

What is the land classification for Ellammal Koil Street?

Ellammal Koil Street is classified under Residential Class III Type - III according to the guideline value register.