Guideline Value for KUDUMIYANDHI THOPE PADAVETTAMMAN KOIL STREET

Kudumiyandhi Thope Padavettamman Koil Street guideline value

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

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

The guideline value register for Kudumiyandhi Thope Padavettamman Koil Street does not have figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision, effective from 1 July 2024, sets the guideline value at Rs 2,200 per sq.ft.

Prior to the 2024 revision, there were no recorded figures for this street in the guideline value register. The 2024 figure is equal to the median value of Rs 2,200 per sq.ft for the 754 streets in Sholinganallur - 1 under the Neelankarai SRO.

Guideline values in Sholinganallur - 1

The guideline values for Sholinganallur - 1 range from Rs 1,000 to Rs 8,800 per sq.ft, with the median being Rs 2,200 per sq.ft. Kudumiyandhi Thope Padavettamman Koil Street's 2024 figure aligns with this median.

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

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

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, while the registration fee at 2% would be Rs 44,000, bringing the total cost to Rs 1,98,000. Duty is charged on the higher of the guideline value and the sale price.

For more details on calculating these fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kudumiyandhi Thope Padavettamman Koil Street?

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

You can find your SRO for more information.

How the guideline value is used when you buy or sell in Sholinganallur - 1

The guideline value is a critical factor during the registration of property transactions in Sholinganallur - 1. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

Frequently asked questions

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

The current guideline value for Kudumiyandhi Thope Padavettamman Koil Street is Rs 2,200 per sq.ft as per the 2024 revision effective from 1 July 2024.

Which Sub Registrar Office covers this street?

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

How is the stamp duty calculated for properties on this street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 2,200 per sq.ft would incur a stamp duty of Rs 1,54,000.

Are there any previous guideline value revisions for this street?

The guideline value register does not have figures for Kudumiyandhi Thope Padavettamman Koil Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The latest revision is for 2024.

What is the land classification for this street?

Kudumiyandhi Thope Padavettamman Koil Street is classified as Residential Class II Type - III, which reflects its intended use for residential purposes.