Guideline Value for Kakanalloor Sakthi vinayagar Koil 1st Street

Kakanalloor Sakthi vinayagar Koil 1st Street guideline value

The current guideline value for Kakanalloor Sakthi vinayagar Koil 1st Street is Rs 250 per sq.ft, effective from 1 July 2024. This street is located in Uthiramerur village, under the Uthiramerur SRO, and is classified as Residential Class IV Type - III.

How the guideline value of Kakanalloor Sakthi vinayagar Koil 1st Street has changed

Over the years, the guideline value for Kakanalloor Sakthi vinayagar Koil 1st Street has undergone several revisions. In 2007, the value was Rs 100 per sq.ft, which increased to Rs 250 per sq.ft in 2012, marking a significant rise of 150%. However, the value dropped to Rs 167 per sq.ft in 2017, a decrease of 33%. The guideline value remained at Rs 250 per sq.ft in both 2023 and the upcoming 2024 revision, showing no change from the previous year.

The register does not have figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 150%.

Guideline values in Uthiramerur

In Uthiramerur, there are 180 streets under the Uthiramerur SRO with a guideline value range from Rs 200 to Rs 1,800 per sq.ft. The median guideline value in this area is Rs 800 per sq.ft, placing Kakanalloor Sakthi vinayagar Koil 1st Street's 2024 figure below that median.

• Kakanalloor Road Street: Rs 300 per sq.ft (2024)
• Kakanalloor Sakthi vinayagar Koil 2nd Street: Rs 250 per sq.ft (2024)
• kakanalloor Palla Street: Rs 300 per sq.ft (2024)
• Kakanalloor Sakthi vinayagar Koil 3rd Street: Rs 250 per sq.ft (2024)
• Kakanalloor Sakthi vinayagar Koil Nadu Street: Rs 250 per sq.ft (2024)
• Kakanalloor Sakthi Vinayagar Koil Street: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Kakanalloor Sakthi vinayagar Koil 1st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value would be Rs 2,50,000. The stamp duty at 7% would amount to Rs 17,500, and the registration fee at 2% would be Rs 5,000. Together, this would total Rs 22,500. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Kakanalloor Sakthi vinayagar Koil 1st Street?

The Kakanalloor Sakthi vinayagar Koil 1st Street is covered by the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a critical factor when buying or selling property in Uthiramerur. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value as per government standards.

When registering a property, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures compliance with local regulations and helps in maintaining accurate property records.

Frequently asked questions

What is the current guideline value of Kakanalloor Sakthi vinayagar Koil 1st Street?

The current guideline value of Kakanalloor Sakthi vinayagar Koil 1st Street is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 100 per sq.ft in 2007 to Rs 250 per sq.ft in 2012, then decreased to Rs 167 per sq.ft in 2017, and remained at Rs 250 per sq.ft in both 2023 and 2024.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 2,50,000, the stamp duty would be Rs 17,500 and the registration fee would be Rs 5,000, totaling Rs 22,500.

Which office handles registrations for Kakanalloor Sakthi vinayagar Koil 1st Street?

The Uthiramerur Sub Registrar Office handles registrations for Kakanalloor Sakthi vinayagar Koil 1st Street, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406.

What is the land classification of Kakanalloor Sakthi vinayagar Koil 1st Street?

Kakanalloor Sakthi vinayagar Koil 1st Street is classified as Residential Class IV Type - III.