Guideline Value for KOLLAPURIYAMMAN KOILSTREET

Kollapuriyamman Koilstreet guideline value

The current guideline value of Kollapuriyamman Koilstreet is Rs 500 per sq.ft, effective from 1 July 2024. This street is located in Pudupet village and falls under the Pallipattu SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Kollapuriyamman Koilstreet has changed

The guideline value for Kollapuriyamman Koilstreet has seen several revisions over the years. The 2017 revision set the value at Rs 402 per sq.ft, which then increased to Rs 500 per sq.ft in the 2023 revision. The 2024 revision has maintained this value, showing a 24% increase from the 2017 figure.

It is important to note that the register has no figures for this street for the years 2002, 2003, 2007, and 2012. The guideline value remained unchanged from 2023 to 2024, indicating a 0% change during this period.

Guideline values in Pudupet

In Pudupet, there are 42 streets under the Pallipattu SRO that carry a 2024 guideline value, ranging from Rs 102 to Rs 600 per sq.ft. The median value for these streets is Rs 350 per sq.ft, placing Kollapuriyamman Koilstreet above this median.

• K.K. Nagar: Rs 200 per sq.ft (2024)
• Kulakarai Street: Rs 350 per sq.ft (2024)
• Madam Street: Rs 500 per sq.ft (2024)
• Main Road: Rs 600 per sq.ft (2024)
• Meyanstreet: Rs 126 per sq.ft (2024)
• Iratai Malai Srinivasan St: Rs 102 per sq.ft (2024)

Stamp duty and registration fee for property in Kollapuriyamman Koilstreet

For a 1,000 sq.ft plot at the current rate of Rs 500 per sq.ft, the guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, totaling Rs 45,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Kollapuriyamman Koilstreet?

The Kollapuriyamman Koilstreet is covered by the Pallipattu Sub Registrar Office, located at Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207, Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during the registration of property transactions in Pudupet. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Kollapuriyamman Koilstreet?

The current guideline value of Kollapuriyamman Koilstreet is Rs 500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 402 per sq.ft in 2017 to Rs 500 per sq.ft in 2023 and 2024, reflecting a 24% increase overall from 2017 to 2024.

What are the other streets in Pudupet and their guideline values?

Other streets in Pudupet include K.K. Nagar at Rs 200 per sq.ft, Kulakarai Street at Rs 350 per sq.ft, Madam Street at Rs 500 per sq.ft, Main Road at Rs 600 per sq.ft, Meyanstreet at Rs 126 per sq.ft, and Iratai Malai Srinivasan St at Rs 102 per sq.ft.

What fees are associated with buying property in Kollapuriyamman Koilstreet?

When buying property in Kollapuriyamman Koilstreet, the stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, along with a registration fee of 2%.

Where can I find the Sub Registrar Office for Kollapuriyamman Koilstreet?

The Sub Registrar Office covering Kollapuriyamman Koilstreet is located at Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207. You can find more information by visiting the provided link.