Guideline Value for Ettiyamman Koil Street

Ettiyamman Koil Street guideline value

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

How the guideline value of Ettiyamman Koil Street has changed

The guideline value for Ettiyamman Koil Street has undergone several revisions over the years. In the 2012 revision, the value was set at Rs 300 per sq.ft. This remained unchanged in the 2017 revision, where it was also Rs 300 per sq.ft. However, there was a significant increase of 49% from the 2017 revision to the 2023 revision, which also maintained the value at Rs 300 per sq.ft. The 2024 revision has kept the guideline value at Rs 300 per sq.ft, showing no change from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. The overall change from the 2012 revision to the 2024 revision is 0%.

Guideline values in Thandalam

In Thandalam, there are 36 streets under the Sriperumpudur SRO that carry 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 of Ettiyamman Koil Street is below this median.

• Ettiyamman Koil Cross 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 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, resulting in a total of Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Ettiyamman Koil Street?

The Sub Registrar Office that covers Ettiyamman 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 Thandalam

The guideline value is a critical factor in the registration process of property transactions in Thandalam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When registering a property, the guideline value helps ensure that the transaction is documented at a value that reflects the government's assessment of the property. This is important for both buyers and sellers to understand as it impacts the overall costs involved in the transaction.

Frequently asked questions

What is the current guideline value of Ettiyamman Koil Street?

The current guideline value of Ettiyamman Koil 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 remained at Rs 300 per sq.ft from 2012 to 2024, despite having a significant increase of 49% from 2017 to 2023. There were no figures available for the years 2002, 2003, and 2007.

What is the land classification for Ettiyamman Koil Street?

Ettiyamman Koil Street is classified as Residential Class III Type - I, indicating its suitability for residential development.

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

For a 1,000 sq.ft plot, the total guideline value is Rs 3,00,000, leading to a stamp duty of Rs 21,000 and a registration fee of Rs 6,000, totaling Rs 27,000. This is based on the current guideline value.

Where is the Sub Registrar Office for Ettiyamman Koil Street located?

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