Guideline Value for Ellaiyamman Koil Street

Ellaiyamman Koil Street guideline value

The current guideline value of Ellaiyamman Koil Street is Rs 126 per sq.ft, effective from 1 July 2024. This street is located in Amarampedu village, under the Sriperumpudur SRO, and is classified as Residential Class III Type - I.

How the guideline value of Ellaiyamman Koil Street has changed

The guideline value for Ellaiyamman Koil Street has undergone several revisions over the years. In 2012, the value was Rs 125 per sq.ft, which decreased to Rs 84 per sq.ft in 2017, marking a decline of 33%. However, from 2017 to 2023, the value increased by 50%, bringing it back to Rs 126 per sq.ft, where it remained through the 2023 revision as well.

The most recent revision in 2024 maintained the guideline value at Rs 126 per sq.ft, indicating no change from the previous year. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Amarampedu

In Amarampedu, there are 45 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 500 per sq.ft, with a median of Rs 200 per sq.ft. Ellaiyamman Koil Street's current value is below this median.

• Fab City: Rs 150 per sq.ft (2024)
• Blessing Nagar: Rs 126 per sq.ft (2024)
• Indira Gandhi Street: Rs 100 per sq.ft (2024)
• Jai Nagar: Rs 350 per sq.ft (2024)
• Bajanai Koil Street: Rs 350 per sq.ft (2024)
• Kalaignar Street: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Ellaiyamman Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 126 per sq.ft, the total guideline value amounts to Rs 1,26,000. The stamp duty at 7% would be Rs 8,820, and the registration fee at 2% would be Rs 2,520, bringing the total fees to Rs 11,340. 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 Ellaiyamman Koil Street?

The Sub Registrar Office covering Ellaiyamman 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 Amarampedu

The guideline value is a crucial factor when registering property transactions in Amarampedu. It serves as the basis for calculating stamp duty and registration fees, ensuring that these costs are aligned with the official valuation of the property.

When buying or selling property, the guideline value helps to determine the minimum amount on which stamp duty is payable. This ensures transparency in property transactions and helps to standardize the charges across different areas.

Frequently asked questions

What is the current guideline value of Ellaiyamman Koil Street?

The current guideline value of Ellaiyamman Koil Street is Rs 126 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 125 per sq.ft in 2012 to Rs 84 per sq.ft in 2017, then increased to Rs 126 per sq.ft in 2023 and remained the same in 2024.

What is the classification of Ellaiyamman Koil Street?

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

Where can I find the registration office for properties in Amarampedu?

The registration office for properties in Amarampedu is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

How is stamp duty calculated for properties in Ellaiyamman 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 current rate, the total fees would amount to Rs 11,340.