Guideline Value for Kakanalloor Sakthi vinayagar Koil 2nd Street

Kakanalloor Sakthi vinayagar Koil 2nd Street guideline value

The current guideline value of Kakanalloor Sakthi vinayagar Koil 2nd 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 2nd Street has changed

Looking at the revisions, the guideline value for Kakanalloor Sakthi vinayagar Koil 2nd Street has seen several changes over the years. The 2007 revision set the value at Rs 100 per sq.ft, which increased to Rs 250 per sq.ft in the 2012 revision. However, this value dropped to Rs 167 per sq.ft in the 2017 revision, before returning to Rs 250 per sq.ft in both the 2023 and 2024 revisions. Notably, there are no figures available for the years 2002 and 2003 in the register for this street.

From 2017 to 2023, the guideline value increased by 50%, while the value saw a significant drop of 33% from 2012 to 2017. The increase from 2007 to 2012 was substantial at 150%. Overall, from 2007 to 2024, the guideline value has increased by 150%, reflecting the fluctuations over the years.

Guideline values in Uthiramerur

In Uthiramerur, there are 180 streets under the Uthiramerur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 1,800 per sq.ft, with a median value of Rs 800 per sq.ft. Kakanalloor Sakthi vinayagar Koil 2nd Street's 2024 figure is below this median.

• Kakanalloor Sakthi vinayagar Koil 1st Street: Rs 250 per sq.ft (2024)
• Kakanalloor Sakthi vinayagar Koil 3rd Street: Rs 250 per sq.ft (2024)
• Kakanalloor Road Street: Rs 300 per sq.ft (2024)
• Kakanalloor Sakthi vinayagar Koil Nadu Street: Rs 250 per sq.ft (2024)
• kakanalloor Palla Street: Rs 300 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 2nd 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, making the total fees together Rs 22,500. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kakanalloor Sakthi vinayagar Koil 2nd Street?

The Kakanalloor Sakthi vinayagar Koil 2nd Street falls under the jurisdiction of 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 crucial factor when registering property transactions in Uthiramerur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate taxes on property transactions.

When buying or selling property, it is essential to be aware of the guideline value, as it affects the stamp duty and registration fees applicable to the transaction. Buyers should ensure that they are informed about the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Kakanalloor Sakthi vinayagar Koil 2nd Street?

The current guideline value of Kakanalloor Sakthi vinayagar Koil 2nd 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 dropped to Rs 167 per sq.ft in 2017, and returned to Rs 250 per sq.ft in both 2023 and 2024.

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

The stamp duty for a property valued at Rs 2,50,000 would be Rs 17,500, while the registration fee would be Rs 5,000, totaling Rs 22,500 for a 1,000 sq.ft plot.

Which office handles the registration for this street?

The Uthiramerur Sub Registrar Office handles the registration for Kakanalloor Sakthi vinayagar Koil 2nd Street, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406.

What is the land classification for Kakanalloor Sakthi vinayagar Koil 2nd Street?

Kakanalloor Sakthi vinayagar Koil 2nd Street is classified as Residential Class IV Type - III.