Guideline Value for KARUMARIYAMMAN KOIL 1ST CROSS ST

Karumariyamman Koil 1st Cross St guideline value

The current guideline value of Karumariyamman Koil 1st Cross St is Rs 935 per sq.ft, effective from 1 July 2024. This street is located in Vilingiyambakkam village, under the Avadi SRO, and is classified as Residential Class II Type - II.

How the guideline value of Karumariyamman Koil 1st Cross St has changed

The guideline value for Karumariyamman Koil 1st Cross St has undergone several revisions over the years. In the 2012 revision, the value was Rs 850 per sq.ft. This decreased to Rs 569 per sq.ft in the 2017 revision, marking a decline of 33%. However, the value rebounded significantly in the 2023 revision to Rs 850 per sq.ft, and then increased again to Rs 935 per sq.ft in the 2024 revision, reflecting a 10% increase from the previous year.

Between the 2017 and 2023 revisions, the guideline value saw a notable increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Vilingiyambakkam

In Vilingiyambakkam, there are 252 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 4,400 per sq.ft. The median value for these streets is Rs 935 per sq.ft, which is equal to the guideline value of Karumariyamman Koil 1st Cross St.

• Karumariyamman Koil 2nd Cross St: Rs 935 per sq.ft (2024)
• Karumariyamman Koil 3rd Cross St: Rs 935 per sq.ft (2024)
• Karumariyamman Koil St: Rs 1,310 per sq.ft (2024)
• Karunanidhi Street: Rs 935 per sq.ft (2024)
• Karunanithi 1st Street: Rs 935 per sq.ft (2024)
• Karunanithi 2nd Street: Rs 935 per sq.ft (2024)

Stamp duty and registration fee for property in Karumariyamman Koil 1st Cross St

For a 1,000 sq.ft plot at the current guideline value of Rs 935 per sq.ft, the total guideline value would be Rs 9,35,000. The stamp duty, charged at 7%, would amount to Rs 65,450, and the registration fee, charged at 2%, would be Rs 18,700. Together, the total cost for these fees would be Rs 84,150. It is important to 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 detailed calculations.

Which Sub Registrar Office covers Karumariyamman Koil 1st Cross St?

The Sub Registrar Office that covers Karumariyamman Koil 1st Cross 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 further assistance.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Vilingiyambakkam. It serves as a reference point for determining the stamp duty and registration fees that need to be paid during the transaction.

Frequently asked questions

What is the current guideline value of Karumariyamman Koil 1st Cross St?

The current guideline value of Karumariyamman Koil 1st Cross St is Rs 935 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 850 per sq.ft in 2012 to Rs 569 per sq.ft in 2017, then back to Rs 850 per sq.ft in 2023, and finally to Rs 935 per sq.ft in 2024.

What is the land classification for Karumariyamman Koil 1st Cross St?

Karumariyamman Koil 1st Cross St is classified as Residential Class II Type - II.

Which office handles registrations for this street?

The Avadi Sub Registrar Office handles registrations for Karumariyamman Koil 1st Cross St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What are the stamp duty and registration fees for a property here?

For a property valued at Rs 9,35,000, the stamp duty would be Rs 65,450 and the registration fee would be Rs 18,700, totaling Rs 84,150.