Guideline Value for KARUMARIYAMMAN KOIL ST

Karumariyamman Koil St guideline value

The current guideline value of Karumariyamman Koil St is Rs 1,310 per sq.ft, effective from 1 July 2024. This street is located in Vilingiyambakkam village and falls under the Avadi SRO. The land classification for this area is Residential Class III Type - I.

How the guideline value of Karumariyamman Koil St has changed

In the 2012 revision, the guideline value was Rs 1,200 per sq.ft. This figure decreased to Rs 804 per sq.ft in 2017. Following that, there was a significant increase to Rs 1,200 per sq.ft in 2023, and the current guideline value is Rs 1,310 per sq.ft as of the 2024 revision. The register has no figures for the years 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the guideline value increased by 49%. The overall change from 2012 to 2024 shows an increase of 9% in the guideline value.

Guideline values in Vilingiyambakkam

In Vilingiyambakkam, there are 252 streets under the Avadi SRO, with guideline values ranging from Rs 800 to Rs 4,400 per sq.ft. The median guideline value in this village is Rs 935 per sq.ft, placing Karumariyamman Koil St above this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,310 per sq.ft, the total guideline value amounts to Rs 13,10,000. The stamp duty at 7% would be Rs 91,700, and the registration fee at 2% would be Rs 26,200, resulting in a total of Rs 1,17,900. Duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Karumariyamman Koil St?

The Sub Registrar Office covering Karumariyamman 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 details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Vilingiyambakkam. It determines the minimum value on which stamp duty and registration fees are calculated.

When a property is sold, the guideline value serves as a reference point to ensure that the transaction is recorded accurately, and it helps in maintaining transparency in property dealings.

Frequently asked questions

What is the current guideline value of Karumariyamman Koil St?

The current guideline value of Karumariyamman Koil St is Rs 1,310 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, with the most recent increase from Rs 1,200 per sq.ft in 2023 to Rs 1,310 per sq.ft in 2024. There was also a significant increase from Rs 804 per sq.ft in 2017 to Rs 1,200 per sq.ft in 2023.

What is the land classification for Karumariyamman Koil St?

Karumariyamman Koil St is classified as Residential Class III Type - I, indicating its suitability for residential purposes.

What are the stamp duty and registration fees for a property on this street?

For a property valued at Rs 13,10,000, the stamp duty would be Rs 91,700 and the registration fee would be Rs 26,200, totaling Rs 1,17,900.

Where is the Sub Registrar Office for Karumariyamman Koil St 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.