Guideline Value for Easunathar Koil Street

Easunathar Koil Street guideline value

The current guideline value of Easunathar Koil Street is Rs 200 per sq.ft, effective from 1 July 2024. It is located in Vadakal_C village under the Sriperumpudur SRO, classified as Residential Class III Type - I.

How the guideline value of Easunathar Koil Street has changed

Over the years, the guideline value for Easunathar Koil Street has seen significant changes. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was set at Rs 150 per sq.ft, which was then increased by 33% to Rs 200 per sq.ft in the 2024 revision.

Prior to the 2023 revision, the last recorded figure for this street was Rs 150 per sq.ft. The increase from 2023 to 2024 reflects a notable adjustment in the guideline value, bringing it to the current rate.

Guideline values in Vadakal_C

In Vadakal_C, there are 61 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 1,500 per sq.ft, with a median value of Rs 400 per sq.ft. Easunathar Koil Street's current guideline value of Rs 200 per sq.ft is below this median.

• Ganesh Nagar: Rs 500 per sq.ft (2024)
• Colony Street: Rs 150 per sq.ft (2024)
• Green Housing Phase - III: Rs 300 per sq.ft (2024)
• Green Park: Rs 300 per sq.ft (2024)
• Iswaryam Nagar: Rs 800 per sq.ft (2024)
• Bajanai Koil Street: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Easunathar Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Easunathar Koil Street?

The Sub Registrar Office that covers Easunathar Koil Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Vadakal_C. When a property is bought or sold, the guideline value is used to determine the stamp duty and registration fees applicable to the transaction.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the costs associated with property registration. This ensures that all parties involved are informed and prepared for the financial obligations that come with property transactions.

Frequently asked questions

What is the current guideline value of Easunathar Koil Street?

The current guideline value of Easunathar Koil Street is Rs 200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

Recently, the guideline value changed from Rs 150 per sq.ft in 2023 to Rs 200 per sq.ft in 2024, reflecting an increase of 33%.

What is the land classification for Easunathar Koil Street?

Easunathar Koil Street is classified as Residential Class III Type - I.

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

The Sub Registrar Office for Easunathar Koil Street is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

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

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000, leading to a stamp duty of Rs 14,000.