Guideline Value for Kakanalloor Sakthi vinayagar Koil 3rd Street

Kakanalloor Sakthi vinayagar Koil 3rd Street guideline value

The current guideline value of Kakanalloor Sakthi vinayagar Koil 3rd Street is Rs 250 per sq.ft, effective from 1 July 2024. This street is located in Uthiramerur village, under the Uthiramerur SRO, and falls under the Residential Class IV Type - III land classification.

How the guideline value of Kakanalloor Sakthi vinayagar Koil 3rd Street has changed

The guideline value for Kakanalloor Sakthi vinayagar Koil 3rd Street has undergone several revisions over the years. The earliest recorded value was Rs 100 per sq.ft in 2007, which increased significantly to Rs 250 per sq.ft in 2012. However, there was a decrease to Rs 167 per sq.ft in 2017. The value remained stable at Rs 250 per sq.ft for both the 2023 and 2024 revisions, indicating no change between these two years. The register does not provide figures for the years 2002 and 2003.

From 2017 to 2023, the guideline value increased by 50%. The overall change from 2007 to 2024 reflects a 150% increase, showcasing the fluctuations in the guideline value over the years.

Guideline values in Uthiramerur

In Uthiramerur, there are 180 streets under the Uthiramerur SRO, with guideline values ranging from Rs 200 to Rs 1,800 per sq.ft. The median guideline value for these streets is Rs 800 per sq.ft, placing Kakanalloor Sakthi vinayagar Koil 3rd Street's 2024 figure below this median.

• Kakanalloor Sakthi vinayagar Koil 2nd Street: Rs 250 per sq.ft (2024)
• Kakanalloor Sakthi vinayagar Koil Nadu Street: Rs 250 per sq.ft (2024)
• Kakanalloor Sakthi vinayagar Koil 1st Street: Rs 250 per sq.ft (2024)
• Kakanalloor Sakthi Vinayagar Koil Street: Rs 250 per sq.ft (2024)
• Kakanalloor Road Street: Rs 300 per sq.ft (2024)
• kakanalloor Palla Street: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Kakanalloor Sakthi vinayagar Koil 3rd Street

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, totaling Rs 22,500. Please 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 further calculations.

Which Sub Registrar Office covers Kakanalloor Sakthi vinayagar Koil 3rd Street?

The Kakanalloor Sakthi vinayagar Koil 3rd 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 information.

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

The guideline value plays a crucial role during the registration of property transactions in Uthiramerur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency and consistency in property dealings.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that these charges are based on the guideline value or the sale price, whichever is higher, to ensure they are prepared for the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value of Kakanalloor Sakthi vinayagar Koil 3rd Street?

The current guideline value of Kakanalloor Sakthi vinayagar Koil 3rd 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, decreased to Rs 167 per sq.ft in 2017, and remained at Rs 250 per sq.ft for both 2023 and 2024.

What is the land classification for Kakanalloor Sakthi vinayagar Koil 3rd Street?

Kakanalloor Sakthi vinayagar Koil 3rd Street is classified as Residential Class IV Type - III.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office covering Kakanalloor Sakthi vinayagar Koil 3rd Street is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.

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

The stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, while the registration fee is 2%. For example, for a 1,000 sq.ft plot, the total fees would amount to Rs 22,500.