Guideline Value for ETHULIA

Ethulia guideline value

The current guideline value of Ethulia in Koladi village is Rs 4,000 per sq.ft, effective from 1 July 2024. This area falls under the Chennai South Joint II SRO and is classified as Residential Class III Type - I.

How the guideline value of Ethulia has changed

According to the guideline value register, there are no figures available for Ethulia in the revisions prior to 2023. The 2023 revision also recorded the guideline value at Rs 4,000 per sq.ft, which remained unchanged in the 2024 revision.

From 2023 to 2024, the guideline value per sq.ft for Ethulia saw no percentage change, maintaining the rate at Rs 4,000. The revisions from the years 2002, 2003, 2007, 2012, and 2017 do not have any figures recorded for this street.

Guideline values in Koladi

In Koladi, there are 175 streets under the Chennai South Joint II SRO that carry a 2024 guideline value, ranging from Rs 660 to Rs 4,000 per sq.ft. The median guideline value for the area is Rs 1,100 per sq.ft, placing Ethulia's 2024 figure above this median.

• Durgadevi Nagar Cross And Anbu Naga R Cross: Rs 880 per sq.ft (2024)
• Durgadevi Nagar: Rs 880 per sq.ft (2024)
• Durai Street: Rs 880 per sq.ft (2024)
• Devi Nagar 4th Street: Rs 1,100 per sq.ft (2024)
• Devi Nagar 3rd Street: Rs 1,100 per sq.ft (2024)
• Devi Nagar 2nd Street: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Ethulia

For a 1,000 sq.ft plot at the current guideline value of Rs 4,000 per sq.ft, the total guideline value amounts to Rs 40,00,000. The stamp duty at 7% would be Rs 2,80,000, and the registration fee at 2% would be Rs 80,000, leading to a combined total of Rs 3,60,000. 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 more accurate calculations based on your property details.

Which Sub Registrar Office covers Ethulia?

Ethulia is covered by the Chennai South Joint II Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035. For more information, you can find your SRO.

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

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

When you register a property, the higher value between the guideline value and the sale price is considered for calculating the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Ethulia?

The current guideline value of Ethulia is Rs 4,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There have been no recorded figures for Ethulia in the revisions prior to 2023. The guideline value remained at Rs 4,000 per sq.ft in both the 2023 and 2024 revisions.

What is the land classification for Ethulia?

Ethulia is classified as Residential Class III Type - I under the Chennai South Joint II SRO.

What are the other streets in Koladi and their guideline values?

Other streets in Koladi include Durgadevi Nagar Cross And Anbu Naga R Cross, Durgadevi Nagar, Durai Street, and various streets in Devi Nagar, with guideline values ranging from Rs 880 to Rs 1,100 per sq.ft in 2024.

Where can I find my Sub Registrar Office?

You can find your Sub Registrar Office by visiting the Chennai South Joint II Sub Registrar Office located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035. More details can be found by following the provided link.