Guideline Value for Eswaran Koil Street

Eswaran Koil Street guideline value

The current guideline value of Eswaran Koil Street is Rs 1,000 per sq.ft. This street is located in Urapakkam village and falls under the Gooduvancheri SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Eswaran Koil Street has changed

The guideline value for Eswaran Koil Street has undergone several revisions over the years. In the 2012 revision, the guideline value was set at Rs 1,000 per sq.ft. This figure remained unchanged until the 2017 revision, which saw a decrease to Rs 670 per sq.ft. However, in the latest 2023 revision, the guideline value increased significantly to Rs 1,000 per sq.ft again, marking a 49% increase from the 2017 figure. Overall, from 2012 to 2023, the guideline value has remained the same.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for Eswaran Koil Street. The fluctuations in the guideline value reflect the changes from Rs 1,000 per sq.ft in 2012, to Rs 670 per sq.ft in 2017, and back to Rs 1,000 per sq.ft in 2023.

Guideline values in Urapakkam

Currently, there are no specific village figures available for Urapakkam. Eswaran Koil Street's guideline value sits at Rs 1,000 per sq.ft. Unfortunately, no other streets in Urapakkam have been provided with guideline values.

Stamp duty and registration fee for property in Eswaran Koil Street

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the guideline value amounts to Rs 10,00,000. The stamp duty is charged at 7%, which totals Rs 70,000, and the registration fee is charged at 2%, amounting to Rs 20,000. Therefore, the total cost for stamp duty and registration fees together is Rs 90,000. It is essential 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 Eswaran Koil Street?

The Sub Registrar Office that covers Eswaran Koil Street is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

To find more details about your specific SRO, you can find your SRO.

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

The guideline value serves as a benchmark for property transactions in Urapakkam. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that need to be paid at the time of registration.

It is crucial for buyers and sellers to be aware of the current guideline value, as it directly impacts the overall cost of the transaction. This ensures that all parties are informed of the financial obligations involved in the property transfer process.

Frequently asked questions

What is the current guideline value of Eswaran Koil Street?

The current guideline value of Eswaran Koil Street is Rs 1,000 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, and then back to Rs 1,000 per sq.ft in 2023. Overall, from 2012 to 2023, the value has remained the same.

What are the stamp duty and registration fees for property in Eswaran Koil Street?

For a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000 and the registration fee would be Rs 20,000, totaling Rs 90,000. This is calculated based on the current guideline value.

Which Sub Registrar Office covers Eswaran Koil Street?

The Gooduvancheri Sub Registrar Office covers Eswaran Koil Street, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

Is there any guideline value available for the years 2002, 2003, and 2007 for Eswaran Koil Street?

No, the register does not have any figures for Eswaran Koil Street for the years 2002, 2003, and 2007.