Guideline Value for KANNIYAMMAN KOIL ST

Kanniyamman Koil St guideline value

The current guideline value of Kanniyamman Koil St is Rs 440 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village under the Avadi SRO, classified as Residential Class III Type - III.

How the guideline value of Kanniyamman Koil St has changed

The guideline value for Kanniyamman Koil St has undergone several revisions over the years. The oldest recorded revision is from 2017, where the guideline value was Rs 268 per sq.ft. This increased to Rs 400 per sq.ft in 2023, marking a significant rise of 49%. The most recent revision in 2024 set the value at Rs 440 per sq.ft, reflecting a 10% increase from the previous year.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 64%.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft, with a median value of Rs 750 per sq.ft. Kanniyamman Koil St's 2024 figure is below this median.

• Kannikoil Street: Rs 440 per sq.ft (2024)
• Karpagavinayagar Nagar: Rs 750 per sq.ft (2024)
• Kannan Kulam: Rs 750 per sq.ft (2024)
• Kashiya Brindhavan Nagar: Rs 750 per sq.ft (2024)
• Kavarapalayam Main Road: Rs 1,400 per sq.ft (2024)
• Kavarapalayam & Streets: Rs 1,400 per sq.ft (2024)

Stamp duty and registration fee for property in Kanniyamman Koil St

For a 1,000 sq.ft plot at the current rate of Rs 440 per sq.ft, the guideline value amounts to Rs 4,40,000. The stamp duty at 7% would be Rs 30,800, and the registration fee at 2% would be Rs 8,800, totaling Rs 39,600. 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 Kanniyamman Koil St?

The Sub Registrar Office that covers Kanniyamman Koil St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Thiruninravur-A

The guideline value is a crucial factor in the registration process of property transactions in Thiruninravur-A. It serves as a benchmark for calculating the stamp duty and registration fees that buyers must pay when acquiring property.

When a property is sold, the guideline value is compared to the sale price to determine the applicable duties. The higher of the two values is used to calculate the stamp duty and registration fees, ensuring that all transactions are properly documented and taxed according to the prevailing regulations.

Frequently asked questions

What is the current guideline value of Kanniyamman Koil St?

The current guideline value of Kanniyamman Koil St is Rs 440 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased from Rs 268 per sq.ft to Rs 440 per sq.ft in 2024, which is an overall increase of 64%.

What are the stamp duty and registration fees for property in Kanniyamman Koil St?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 39,600, based on the guideline value of Rs 4,40,000.

Which office handles property registrations for Kanniyamman Koil St?

The Avadi Sub Registrar Office handles property registrations for Kanniyamman Koil St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District.

Are there other streets with different guideline values in Thiruninravur-A?

Yes, there are other streets in Thiruninravur-A with varying guideline values, ranging from Rs 440 to Rs 2,750 per sq.ft, with the median being Rs 750 per sq.ft.