Guideline Value for Ekavalli Amman Koil Street

Ekavalli Amman Koil Street guideline value

The current guideline value of Ekavalli Amman Koil Street is Rs 600 per sq.ft. This street is located in Kovalam village, under the Thiruporur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Ekavalli Amman Koil Street has changed

The guideline value of Ekavalli Amman Koil Street has seen several revisions over the years. In the 2012 revision, the guideline value was set at Rs 600 per sq.ft. However, in the 2017 revision, it decreased to Rs 402 per sq.ft, marking a decline of 33%. The latest revision in 2023 saw a significant increase to Rs 600 per sq.ft, which is a rise of 49% from the previous figure.

Overall, comparing the 2012 and 2023 revisions, there has been no change in the guideline value, remaining at Rs 600 per sq.ft. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Kovalam

Currently, there are no specific village figures provided for Kovalam. Ekavalli Amman Koil Street is classified under the Residential Class II Type - I category. Unfortunately, there are no other streets in Kovalam listed with their guideline values.

Stamp duty and registration fee for property in Ekavalli Amman Koil Street

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, totaling Rs 54,000. It is essential to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ekavalli Amman Koil Street?

The Sub Registrar Office that covers Ekavalli Amman Koil Street is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Kovalam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is compared to the sale price, and the duty is charged on the higher of the two amounts. This ensures that the appropriate fees are collected based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Ekavalli Amman Koil Street?

The current guideline value of Ekavalli Amman Koil Street is Rs 600 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, and then back to Rs 600 per sq.ft in 2023. This reflects a decrease of 33% from 2012 to 2017, followed by a 49% increase from 2017 to 2023.

What is the land classification for Ekavalli Amman Koil Street?

Ekavalli Amman Koil Street is classified as Residential Class II Type - I, indicating its designation for residential purposes.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. This office handles registrations for properties in the area.

How is stamp duty calculated for properties in Ekavalli Amman Koil Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at the current guideline value of Rs 6,00,000, the stamp duty would be Rs 42,000 at 7%.