Guideline Value for Eswaran Koil to Yadhawal Street

Eswaran Koil to Yadhawal Street guideline value

The current guideline value of Eswaran Koil to Yadhawal Street is Rs 1,540 per sq.ft, effective from 1 July 2024. This street is located in Thiruverkadu village, under the Kunrathur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Eswaran Koil to Yadhawal Street has changed

Over the years, the guideline value for Eswaran Koil to Yadhawal Street has undergone several revisions. The 2012 revision set the value at Rs 1,400 per sq.ft, which was then reduced to Rs 938 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 1,400 per sq.ft, and the latest 2024 revision has raised it to Rs 1,540 per sq.ft. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From the 2012 to 2017 revision, there was a decrease of 33%. However, the guideline value saw a significant increase of 49% from 2017 to 2023. The change from 2023 to 2024 reflects a 10% increase, bringing the overall change from 2012 to 2024 to a total increase of 10%.

Guideline values in Thiruverkadu

In Thiruverkadu, there are 178 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 1,430 to Rs 3,520 per sq.ft. The median value for these streets is Rs 1,540 per sq.ft, making the guideline value for Eswaran Koil to Yadhawal Street equal to this median.

• Eswaran Koil Street: Rs 1,540 per sq.ft (2024)
• Gajendra Maestri Nagar: Rs 1,540 per sq.ft (2024)
• Easwar Nagar: Rs 1,540 per sq.ft (2024)
• Easwaran Koil Cross Street: Rs 1,540 per sq.ft (2024)
• Ganapathy Nagar 1st Cross: Rs 1,540 per sq.ft (2024)
• Ganapathy Nagar 2nd Cross: Rs 1,540 per sq.ft (2024)

Stamp duty and registration fee for property in Eswaran Koil to Yadhawal Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,540 per sq.ft, the total guideline value would be Rs 15,40,000. The stamp duty at 7% would amount to Rs 1,07,800, while the registration fee at 2% would be Rs 30,800. Together, these fees total Rs 1,38,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Eswaran Koil to Yadhawal Street?

The Sub Registrar Office covering Eswaran Koil to Yadhawal Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Thiruverkadu. It is used to determine the stamp duty and registration fees that need to be paid during the property transaction. This ensures that the transaction is recorded accurately and complies with local regulations.

When a property is registered, the guideline value serves as a benchmark for calculating the applicable fees, ensuring that both buyers and sellers are aware of the financial implications of their transaction. It is essential to consider the guideline value when planning a property purchase or sale in the area.

Frequently asked questions

What is the current guideline value of Eswaran Koil to Yadhawal Street?

The current guideline value of Eswaran Koil to Yadhawal Street is Rs 1,540 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,400 per sq.ft in 2012 to Rs 938 per sq.ft in 2017, then increased to Rs 1,400 per sq.ft in 2023, and finally to Rs 1,540 per sq.ft in 2024.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 15,40,000, the stamp duty would be Rs 1,07,800 and the registration fee would be Rs 30,800, totaling Rs 1,38,600.

Which Sub Registrar Office should I approach for transactions in this area?

The Kunrathur Sub Registrar Office is responsible for transactions in Eswaran Koil to Yadhawal Street, located at No.59, Road Street, Kundrathur, Chennai -600 069.

What is the land classification for Eswaran Koil to Yadhawal Street?

Eswaran Koil to Yadhawal Street is classified as Residential Class I Type - I, indicating its suitability for residential purposes.