Guideline Value for KUMARAN KUDIL NAGAR

Kumaran Kudil Nagar guideline value

The current guideline value of Kumaran Kudil Nagar is Rs 670 per sq.ft, effective from 1 July 2024. This area is located in Thirukalukundrem A village, under the Thirukazhukundram SRO, classified as Residential Special Type - V.

How the guideline value of Kumaran Kudil Nagar has changed

The guideline value for Kumaran Kudil Nagar has remained consistent at Rs 670 per sq.ft since the 2023 revision. The 2024 revision, effective from 1 July 2024, also maintains this figure, indicating no change from the previous year.

Prior revisions, including those from 2017, 2012, 2007, 2003, and 2002, have no figures listed for this street in the register. Therefore, the guideline value has not fluctuated in recent years.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO carrying a 2024 guideline value ranging from Rs 300 to Rs 1,344 per sq.ft, with a median value of Rs 600 per sq.ft. The guideline value for Kumaran Kudil Nagar is above this median.

• Kulam Street: Rs 400 per sq.ft (2024)
• Kulam East Street: Rs 400 per sq.ft (2024)
• Kuselar Street: Rs 600 per sq.ft (2024)
• Kuyavar Street: Rs 800 per sq.ft (2024)
• Kollaimettu Street: Rs 600 per sq.ft (2024)
• Kavarai Street: Rs 1,200 per sq.ft (2024)

Stamp duty and registration fee for property in Kumaran Kudil Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 670 per sq.ft, the total guideline value would be Rs 6,70,000. The stamp duty at 7% would amount to Rs 46,900, and the registration fee at 2% would be Rs 13,400, making the total charges Rs 60,300. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kumaran Kudil Nagar?

The Sub Registrar Office that covers Kumaran Kudil Nagar is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for additional information.

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

The guideline value plays a crucial role in property transactions in Thirukalukundrem A, as it determines the minimum value at which properties can be registered. Buyers and sellers must be aware of this value to ensure compliance with legal requirements during the registration process.

When registering a property, the guideline value is used to calculate the stamp duty and registration fees, which are essential costs associated with property transactions. Therefore, understanding the guideline value is vital for anyone looking to buy or sell property in this area.

Frequently asked questions

What is the current guideline value of Kumaran Kudil Nagar?

The current guideline value of Kumaran Kudil Nagar is Rs 670 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Kumaran Kudil Nagar has remained unchanged at Rs 670 per sq.ft since the 2023 revision. There are no figures listed for prior revisions from 2017, 2012, 2007, 2003, and 2002.

What are the guideline values for other streets in Thirukalukundrem A?

Other streets in Thirukalukundrem A have varying guideline values, ranging from Rs 400 to Rs 1,200 per sq.ft. For example, Kulam Street and Kulam East Street are both valued at Rs 400 per sq.ft in 2024.

How is stamp duty calculated for properties in Kumaran Kudil Nagar?

Stamp duty for properties in Kumaran Kudil Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher. For a property valued at Rs 6,70,000, the stamp duty would be Rs 46,900.

Where can I find more information about the Sub Registrar Office?

The Thirukazhukundram Sub Registrar Office covers Kumaran Kudil Nagar. For more information, you can visit their office located at Thiruchengode - 637 211, Chengalpattu registration zone, or use the find your SRO link.