Guideline Value for GENGAIAMMAN KOIL STREET

Gengaiamman Koil Street guideline value

The current guideline value of Gengaiamman Koil Street is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in SingaperumalKoil village, under the Chengleput Joint II SRO, and is classified as Residential Class I Type - I.

How the guideline value of Gengaiamman Koil Street has changed

The guideline value for Gengaiamman Koil Street has seen several revisions over the years. In the 2007 revision, the value was Rs 154 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in 2012. However, it decreased to Rs 670 per sq.ft in the 2017 revision before rising again to Rs 1,000 per sq.ft in 2023. The most recent revision in 2024 set the value at Rs 1,100 per sq.ft.

From 2017 to 2023, the value increased by 49%, and from 2023 to 2024, it rose by 10%. The overall change from 2007 to 2024 reflects a substantial increase of 614%. The register has no figures for Gengaiamman Koil Street for the years 2002 and 2003.

Guideline values in SingaperumalKoil

In SingaperumalKoil, there are 33 streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 800 to Rs 2,000 per sq.ft. The median guideline value is Rs 1,100 per sq.ft, which matches the 2024 figure for Gengaiamman Koil Street.

• Gandhi Road: Rs 1,100 per sq.ft (2024)
• G.S.T. Road: Rs 2,000 per sq.ft (2024)
• Kabilar Street: Rs 800 per sq.ft (2024)
• Buthar Street: Rs 1,500 per sq.ft (2024)
• Kambar Street: Rs 800 per sq.ft (2024)
• Bhavani Nagar: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Gengaiamman Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, resulting in a total of Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Gengaiamman Koil Street?

The Sub Registrar Office covering Gengaiamman Koil Street is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in SingaperumalKoil. It is used to calculate the stamp duty and registration fees that must be paid at the time of registration.

Buyers and sellers should be aware that the guideline value is set by the government and can impact the overall cost of the transaction. It is essential to consider the guideline value when planning any property transactions in the area.

Frequently asked questions

What is the current guideline value of Gengaiamman Koil Street?

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

How has the guideline value changed over the years?

The guideline value has changed from Rs 154 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of 614% over the years.

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

For a 1,000 sq.ft plot, the total guideline value is Rs 11,00,000. The stamp duty at 7% is Rs 77,000, and the registration fee at 2% is Rs 22,000, totaling Rs 99,000.

Which Sub Registrar Office covers Gengaiamman Koil Street?

The Chengleput Joint II Sub Registrar Office covers Gengaiamman Koil Street, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

Where can I find more information about guideline values in SingaperumalKoil?

More information about guideline values in SingaperumalKoil can be found by visiting the relevant sections on the Tamil Nadu Registration Department's website.