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 Thiruninravur-B village and falls under the Avadi SRO. The land classification for this area is Residential Class III Type - III.

How the guideline value of Ellammal Koil Street has changed

The guideline value for Ellammal Koil Street has seen several revisions over the years. In the 2017 revision, the value was Rs 268 per sq.ft. This increased significantly to Rs 400 per sq.ft in the 2023 revision, marking a 49% rise. The current 2024 revision has further increased the guideline value to Rs 440 per sq.ft, which is a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has risen by 64%. It is important to note that the register does not have figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 330 to Rs 1,760 per sq.ft. The median value for these streets is Rs 770 per sq.ft, making the 2024 guideline value of Ellammal Koil Street below the median.

• E.B.Colony Streets: Rs 870 per sq.ft (2024)
• Durasami Avenue & Streets: Rs 770 per sq.ft (2024)
• D.S.Avenue: Rs 768 per sq.ft (2024)
• Drr Nagar: Rs 990 per sq.ft (2024)
• Ganapathy Nagar & Streets: Rs 870 per sq.ft (2024)
• Dollar County: Rs 770 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 rate of Rs 440 per sq.ft, the 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, leading to a total of Rs 39,600. It is important to note that the 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 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 further assistance.

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

The guideline value is an essential factor during the registration process of property transactions in Thiruninravur-B. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value serves as a reference point for both parties. It helps in establishing a fair basis for negotiation and ensures compliance with local regulations during the registration process.

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 has the guideline value changed over the years?

The guideline value has increased from Rs 268 per sq.ft in 2017 to Rs 440 per sq.ft in 2024, marking an overall increase of 64% over these years.

What are the other streets in Thiruninravur-B and their values?

Other streets in Thiruninravur-B include E.B.Colony Streets at Rs 870 per sq.ft, Durasami Avenue & Streets at Rs 770 per sq.ft, and Drr Nagar at Rs 990 per sq.ft, among others.

What is the stamp duty rate for properties in Ellammal Koil Street?

The stamp duty rate for properties in Ellammal Koil Street is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Ellammal Koil Street?

The Sub Registrar Office for 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.