Guideline Value for ESWARAN KOIL STREET

Eswaran Koil Street guideline value

The current guideline value of Eswaran Koil Street is Rs 400 per sq.ft, effective from 1 July 2024. This street is located in the village of Cheyyur, under the Cheyyur SRO, and is classified as Residential Special Type - II.

How the guideline value of Eswaran Koil Street has changed

In the 2017 revision, the guideline value for Eswaran Koil Street was Rs 268 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded Rs 400 per sq.ft. The latest revision in 2024 also maintains the guideline value at Rs 400 per sq.ft, resulting in a 49% increase from the 2017 figure to the current value.

It is important to note that there are no recorded figures for Eswaran Koil Street in the revisions from the years 2002, 2003, 2007, and 2012. The overall change from the 2017 revision to the 2024 revision is a 49% increase.

Guideline values in Cheyyur - A

In Cheyyur - A, there are 64 streets under the Cheyyur SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 500 per sq.ft. The median value for these streets is Rs 101 per sq.ft, positioning Eswaran Koil Street above this median with its current guideline value of Rs 400 per sq.ft.

• Gengaiyamman Koil Street: Rs 102 per sq.ft (2024)
• Gengaiyamman Kovi Street: Rs 350 per sq.ft (2024)
• Devarajapuram Street: Rs 101 per sq.ft (2024)
• Devarajapuram Salai: Rs 101 per sq.ft (2024)
• Govt.Hospital: Rs 350 per sq.ft (2024)
• Chinna Errikarai Street: Rs 101 per sq.ft (2024)

Stamp duty and registration fee for property in Eswaran Koil Street

For a 1,000 sq.ft plot at the current rate of Rs 400 per sq.ft, the guideline value amounts to Rs 4,00,000. The stamp duty at 7% would be Rs 28,000, and the registration fee at 2% would be Rs 8,000, totaling Rs 36,000. 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 precise calculations.

Which Sub Registrar Office covers Eswaran Koil Street?

The Sub Registrar Office that covers Eswaran Koil Street is the Cheyyur Sub Registrar Office, located at 3/156, Salt Road, Cheyyur- 603 302, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Cheyyur - A. It serves as a benchmark for calculating the stamp duty and registration fees that are payable at the time of property registration.

Frequently asked questions

What is the current guideline value of Eswaran Koil Street?

The current guideline value of Eswaran Koil Street is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased by 49%. It was Rs 268 per sq.ft in 2017 and has remained at Rs 400 per sq.ft since 2023.

What is the land classification for Eswaran Koil Street?

Eswaran Koil Street is classified as Residential Special Type - II, indicating its suitability for residential development.

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

The Sub Registrar Office for Eswaran Koil Street is located at 3/156, Salt Road, Cheyyur- 603 302, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Eswaran Koil Street?

The stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000.