Guideline Value for KUDUMIYANDHI THOPE PADAVETTAMMAN KOIL CROSS STREET

Kudumiyandhi Thope Padavettamman Koil Cross Street guideline value

The current guideline value of Kudumiyandhi Thope Padavettamman Koil Cross Street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in the village of Sholinganallur - 1 and falls under the Neelankarai SRO. The land classification for this area is Residential Class II Type - III.

How the guideline value of Kudumiyandhi Thope Padavettamman Koil Cross Street has changed

The guideline value register has no figures for Kudumiyandhi Thope Padavettamman Koil Cross Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision, which is Rs 2,200 per sq.ft.

Since there are no figures recorded for the previous years, there have been no changes noted between the revisions for this street. The 2024 guideline value is set at Rs 2,200 per sq.ft, which is equal to the median value of Rs 2,200 per sq.ft for the village.

Guideline values in Sholinganallur - 1

In Sholinganallur - 1, there are 754 streets under the Neelankarai SRO with a 2024 guideline value ranging from Rs 1,000 to Rs 8,800 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, and Kudumiyandhi Thope Padavettamman Koil Cross Street's 2024 figure matches this median.

• Kudumiyandhi Thope Padavettamman Koil 2nd Street 3rd Cross Street: Rs 2,200 per sq.ft (2024)
• Kudumiyandhi Thope Padavettamman Koil Street: Rs 2,200 per sq.ft (2024)
• Kudumiyandhi Thope Padavettamman Koil 1st Cross Street: Rs 2,200 per sq.ft (2024)
• Kudumiyandhi Thope School 1st Street: Rs 2,200 per sq.ft (2024)
• Kudumiyandhi Thope Mosque Cross Street: Rs 2,200 per sq.ft (2024)
• Kudumiyandhi Thope School 2nd Cross Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Kudumiyandhi Thope Padavettamman Koil Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, totaling Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Kudumiyandhi Thope Padavettamman Koil Cross Street?

The Kudumiyandhi Thope Padavettamman Koil Cross Street is covered by the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, 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 Sholinganallur - 1

The guideline value is an essential factor in the registration process when buying or selling property in Sholinganallur - 1. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is used to calculate the fees, ensuring that the transaction is legally documented and that the appropriate taxes are collected. This process helps maintain transparency and accountability in property transactions.

Frequently asked questions

What is the current guideline value of Kudumiyandhi Thope Padavettamman Koil Cross Street?

The current guideline value of Kudumiyandhi Thope Padavettamman Koil Cross Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

What land classification does Kudumiyandhi Thope Padavettamman Koil Cross Street fall under?

Kudumiyandhi Thope Padavettamman Koil Cross Street falls under the Residential Class II Type - III land classification.

How many streets are there in Sholinganallur - 1 under the Neelankarai SRO?

There are 754 streets in Sholinganallur - 1 under the Neelankarai SRO that carry a 2024 guideline value.

What is the registration office for Kudumiyandhi Thope Padavettamman Koil Cross Street?

The registration office for Kudumiyandhi Thope Padavettamman Koil Cross Street is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

How is stamp duty calculated for properties in Kudumiyandhi Thope Padavettamman Koil Cross Street?

Stamp duty for properties in Kudumiyandhi Thope Padavettamman Koil Cross Street is calculated at 7% of the guideline value or the sale price, whichever is higher. Registration fees are also applicable at 2% of the guideline value.