Guideline Value for Ettiyamman Koil Cross Street

Ettiyamman Koil Cross Street guideline value

The current guideline value of Ettiyamman Koil Cross Street is Rs 300 per sq.ft, effective from 1 July 2024. This street is located in Thandalam village under the Sriperumpudur SRO, and it falls under the Residential Class III Type - I land classification.

How the guideline value of Ettiyamman Koil Cross Street has changed

According to the guideline value register, the revisions for Ettiyamman Koil Cross Street are as follows: In 2012, the guideline value was Rs 300 per sq.ft, which remained unchanged in the 2017 revision at Rs 201 per sq.ft. The value then increased to Rs 300 per sq.ft in the 2023 revision, and it has stayed the same in the 2024 revision. The register has no figures for the years 2002, 2003, and 2007.

From 2017 to 2023, there was a significant increase of 49%. However, the overall change from 2012 to 2024 shows no increase, as the value has remained at Rs 300 per sq.ft throughout this period.

Guideline values in Thandalam

In Thandalam, there are 36 streets under the Sriperumpudur SRO that have a 2024 guideline value ranging from Rs 200 to Rs 1,800 per sq.ft, with a median value of Rs 400 per sq.ft. The guideline value for Ettiyamman Koil Cross Street is below this median.

• Ettiyamman Koil Street: Rs 300 per sq.ft (2024)
• Eswaran Koil Street: Rs 505 per sq.ft (2024)
• Gandhi Road: Rs 505 per sq.ft (2024)
• Globus Sakthi Enclave: Rs 800 per sq.ft (2024)
• Chennai Bangaluru Road: Rs 1,000 per sq.ft (2024)
• High School Street: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Ettiyamman Koil Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, making a total of Rs 27,000. Please 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 information.

Which Sub Registrar Office covers Ettiyamman Koil Cross Street?

The Ettiyamman Koil Cross Street is covered by the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is essential when registering property transactions in Thandalam. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that these costs are based on a standardized value set by the government.

When buying or selling property, the guideline value is compared to the sale price, and the higher of the two is used to determine the applicable duties. This process helps maintain transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value of Ettiyamman Koil Cross Street?

The current guideline value of Ettiyamman Koil Cross Street is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen revisions from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, then back to Rs 300 per sq.ft in both 2023 and 2024, showing no overall change from 2012 to 2024.

What is the land classification for Ettiyamman Koil Cross Street?

Ettiyamman Koil Cross Street falls under the Residential Class III Type - I land classification.

Where is the Sriperumpudur Sub Registrar Office located?

The Sriperumpudur Sub Registrar Office is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

How is stamp duty calculated for properties in Thandalam?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. The current rate is 7% for stamp duty and 2% for the registration fee.