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-B village and falls under the Avadi SRO. The land classification for this area is Residential Class III Type - III.

How the guideline value of Kanniyamman Koil St has changed

The guideline value for Kanniyamman Koil St has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 440 per sq.ft, an increase of 10% from Rs 400 per sq.ft in 2023. Prior to that, the 2017 revision recorded a value of Rs 268 per sq.ft, marking a significant increase of 49% to the 2023 figure.

There are no figures available for the years 2002, 2003, 2007, and 2012 for this street. Overall, from the 2017 revision to the current 2024 guideline value, there has been a total increase of 64%.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft. The median value for these streets is Rs 770 per sq.ft, which means that the guideline value for Kanniyamman Koil St is below this median.

• Kannikoil Street: Rs 440 per sq.ft (2024)
• Karpagavinayagar Nagar: Rs 770 per sq.ft (2024)
• Kannan Kulam: Rs 770 per sq.ft (2024)
• Kashiya Brindhavan Nagar: Rs 770 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 guideline value of Rs 440 per sq.ft, the total guideline value would be Rs 4,40,000. The stamp duty at 7% would amount to Rs 30,800, and the registration fee at 2% would be Rs 8,800, bringing the total fees together to Rs 39,600. 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 precise calculations.

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-B

The guideline value is a crucial factor during the registration of property transactions in Thiruninravur-B. It helps determine the stamp duty and registration fees applicable to the property being bought or sold.

When a property is registered, the guideline value is used to calculate the fees, ensuring that the charges reflect the official valuation of the property. This process is essential for maintaining transparency and standardization in property transactions.

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 has the guideline value changed over the years?

The guideline value has increased from Rs 268 per sq.ft in 2017 to Rs 440 per sq.ft in 2024, marking a total increase of 64% over this period.

What is the land classification for Kanniyamman Koil St?

Kanniyamman Koil St is classified as Residential Class III Type - III.

Where is the Avadi Sub Registrar Office located?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for properties in Kanniyamman Koil St?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the stamp duty would be Rs 30,800.