Guideline Value for Kamarajar theruperumal koil pundthottam

Kamarajar theruperumal koil pundthottam guideline value

The current guideline value for Kamarajar theruperumal koil pundthottam is Rs 1,100 per sq.ft, effective from 1 July 2024. This area is located in Thirumazhisai village, under the Poonamallee SRO, and is classified as Residential Special Type - I.

How the guideline value of Kamarajar theruperumal koil pundthottam has changed

The guideline value for Kamarajar theruperumal koil pundthottam has seen several revisions over the years. In 2002, the value was Rs 87 per sq.ft, which increased to Rs 105 per sq.ft in 2003, marking a 21% rise. The value then rose significantly to Rs 200 per sq.ft in 2007, representing a 90% increase. By 2012, the value was Rs 1,000 per sq.ft, showing a remarkable 400% increase from the previous revision. However, the value dropped to Rs 670 per sq.ft in 2017, a decrease of 33%. The guideline value then increased to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024, reflecting a 10% increase.

Overall, from 2002 to 2024, the guideline value has increased by 1164%. There are no figures available for any other revisions for this street.

Guideline values in Thirumazhisai

In Thirumazhisai, there are 86 streets under the Poonamallee SRO that carry a 2024 guideline value, ranging from Rs 730 to Rs 3,500 per sq.ft. The median value for these streets is Rs 1,320 per sq.ft, indicating that Kamarajar theruperumal koil pundthottam's 2024 figure is below this median.

• Kamarajar Street Arundhathipalayam: Rs 1,100 per sq.ft (2024)
• Kamarajar street: Rs 1,100 per sq.ft (2024)
• Kasthuribai Nagar: Rs 1,430 per sq.ft (2024)
• Kasturibai street: Rs 1,100 per sq.ft (2024)
• Jaguar City: Rs 2,625 per sq.ft (2024)
• Kslashtri Baby Nagar: Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in Kamarajar theruperumal koil pundthottam

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, while the registration fee at 2% would be Rs 22,000. Together, these fees would total Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Kamarajar theruperumal koil pundthottam?

The Kamarajar theruperumal koil pundthottam area falls under the Poonamallee Sub Registrar Office, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056. You can find your SRO for more information.

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

The guideline value is a critical factor during the registration of property transactions in Thirumazhisai. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property. Buyers and sellers must consider this value to ensure compliance with legal requirements during the transaction process.

When a property is bought or sold, the guideline value helps in calculating the necessary fees, which are based on the higher value between the guideline value and the actual sale price. This ensures that all parties involved are aware of the financial implications of the transaction.

Frequently asked questions

What is the current guideline value of Kamarajar theruperumal koil pundthottam?

The current guideline value for Kamarajar theruperumal koil pundthottam is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 87 per sq.ft in 2002 to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of 1164% over the years.

What is the registration office for Kamarajar theruperumal koil pundthottam?

The registration office for Kamarajar theruperumal koil pundthottam is the Poonamallee Sub Registrar Office, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056.

How is stamp duty calculated for properties in Kamarajar theruperumal koil pundthottam?

Stamp duty is calculated based on the higher value between the guideline value and the sale price. For example, for a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 at 7%.

What are the other guideline values in Thirumazhisai?

In Thirumazhisai, other streets have guideline values ranging from Rs 730 to Rs 3,500 per sq.ft. The median value is Rs 1,320 per sq.ft, while Kamarajar theruperumal koil pundthottam's value is below this median.