Guideline Value for KACHERI SANTHU STREET

Kacheri Santhu Street guideline value

The current guideline value of Kacheri Santhu Street is Rs 770 per sq.ft, effective from 1 July 2024. This street is located in Thiruporur village under the Thiruporur SRO, and it falls under the Residential Class II Type - I land classification.

How the guideline value of Kacheri Santhu Street has changed

Looking at the historical revisions, the guideline value for Kacheri Santhu Street was Rs 700 per sq.ft in 2023, which increased to Rs 770 per sq.ft in the 2024 revision, reflecting a change of +10%. Prior to that, in 2017, the guideline value was Rs 469 per sq.ft, showing a significant increase of +49% over the next six years. In 2012, the value was Rs 700 per sq.ft, which indicates a decrease of -33% when compared to the 2017 figure. The register has no figures for the years 2002, 2003, and 2007 for this street.

Overall, from 2012 to 2024, the guideline value has seen a slight increase of +10%, with the 2024 figure standing at Rs 770 per sq.ft. The fluctuations in the guideline values reflect changes over the years, with the most recent adjustment occurring in 2024.

Guideline values in Thiruporur

In Thiruporur village, there are 31 streets under the Thiruporur SRO that carry a 2024 guideline value ranging from Rs 495 to Rs 4,500 per sq.ft. The median value among these streets is Rs 880 per sq.ft, placing Kacheri Santhu Street's 2024 figure below that median.

• Iyampettai Street: Rs 1,100 per sq.ft (2024)
• Isha Avni: Rs 1,650 per sq.ft (2024)
• Illalore Road: Rs 880 per sq.ft (2024)
• Harijan Colony: Rs 495 per sq.ft (2024)
• Gokul Avenue: Rs 1,320 per sq.ft (2024)
• Gandhi Street: Rs 880 per sq.ft (2024)

Stamp duty and registration fee for property in Kacheri Santhu Street

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value amounts to Rs 7,70,000. The stamp duty at 7% would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, leading to a total cost of Rs 69,300. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kacheri Santhu Street?

The Kacheri Santhu Street falls under the jurisdiction of the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruporur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately and transparently. Buyers and sellers should be aware of the current guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Kacheri Santhu Street?

The current guideline value of Kacheri Santhu Street is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2023 to Rs 770 per sq.ft in 2024, a change of +10%. It was Rs 469 per sq.ft in 2017, and Rs 700 per sq.ft in 2012.

What is the land classification of Kacheri Santhu Street?

Kacheri Santhu Street is classified as Residential Class II Type - I, which indicates its designation for residential purposes within the area.

What are the other streets in Thiruporur with their guideline values?

Other streets in Thiruporur include Iyampettai Street at Rs 1,100 per sq.ft, Isha Avni at Rs 1,650 per sq.ft, Illalore Road and Gandhi Street at Rs 880 per sq.ft, Harijan Colony at Rs 495 per sq.ft, and Gokul Avenue at Rs 1,320 per sq.ft.

Where can I find the Sub Registrar Office for Kacheri Santhu Street?

The Sub Registrar Office covering Kacheri Santhu Street is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.