Guideline Value for Ettiswarankovil Street 1 St

Ettiswarankovil Street 1 St guideline value

The current guideline value of Ettiswarankovil Street 1 St is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in 44.Ayanambakkam village under the Konnur SRO, classified as Residential Class III Type - I.

How the guideline value of Ettiswarankovil Street 1 St has changed

The guideline value has undergone several revisions over the years. The 2017 revision set the value at Rs 670 per sq.ft. This increased to Rs 1,000 per sq.ft in the 2023 revision, marking a significant rise of 49%. The most recent revision in 2024 raised the guideline value to Rs 1,100 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in 44.Ayanambakkam

In 44.Ayanambakkam, there are a total of 157 streets that carry a 2024 guideline value, ranging from Rs 801 to Rs 9,702 per sq.ft. The median guideline value for these streets is Rs 1,300 per sq.ft, which means that Ettiswarankovil Street 1 St's 2024 figure is below this median.

• Ettiswarankovil Street: Rs 1,100 per sq.ft (2024)
• Ettiswarankovil Street 2 St: Rs 1,100 per sq.ft (2024)
• Ettiswarankovil Street Main St: Rs 1,100 per sq.ft (2024)
• Eswaran Nagar: Rs 1,100 per sq.ft (2024)
• Erular Colony: Rs 803 per sq.ft (2024)
• Galaxy Company Salai: Rs 1,300 per sq.ft (2024)

Stamp duty and registration fee for property in Ettiswarankovil Street 1 St

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. 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 detailed calculations.

Which Sub Registrar Office covers Ettiswarankovil Street 1 St?

The Sub Registrar Office covering Ettiswarankovil Street 1 St is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more information.

How the guideline value is used when you buy or sell in 44.Ayanambakkam

The guideline value is a crucial factor in the registration process when buying or selling property in 44.Ayanambakkam. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the transaction is recorded accurately.

Frequently asked questions

What is the current guideline value of Ettiswarankovil Street 1 St?

The current guideline value of Ettiswarankovil Street 1 St is Rs 1,100 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 670 per sq.ft to Rs 1,100 per sq.ft in 2024, marking an overall increase of 64%.

What is the median guideline value in 44.Ayanambakkam?

The median guideline value for the 157 streets in 44.Ayanambakkam is Rs 1,300 per sq.ft, which is higher than the guideline value of Ettiswarankovil Street 1 St.

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

The stamp duty is charged at 7% and the registration fee at 2% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the total fees would be Rs 99,000 based on the current guideline value.

Which office handles registrations for Ettiswarankovil Street 1 St?

The Konnur Sub Registrar Office handles registrations for Ettiswarankovil Street 1 St, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.