Guideline Value for Kamatchiamman Koil st

Kamatchiamman Koil st guideline value

The current guideline value of Kamatchiamman Koil st is Rs 260 per sq.ft, effective from 1 July 2024. This street is located in Ammayarkuppam village, under the Ramakrishna Rajupettai SRO, and is classified as Residential Class I Type - I.

How the guideline value of Kamatchiamman Koil st has changed

The guideline value for Kamatchiamman Koil st has seen several revisions over the years. In 2007, the guideline value was Rs 100 per sq.ft, which increased significantly to Rs 260 per sq.ft in 2012. However, this value dropped to Rs 174 per sq.ft in 2017, before rising again to Rs 260 per sq.ft in both 2023 and the latest revision in 2024. The register has no figures for the years 2002 and 2003 for this street.

From 2017 to 2023, there was a notable increase of 49%. The value remained constant from 2023 to 2024, showing no percentage change. Overall, from 2007 to 2024, the guideline value has increased by 160%.

Guideline values in Ammayarkuppam

Ammayarkuppam village has a total of 43 streets under the Ramakrishna Rajupettai SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 260 per sq.ft. The median guideline value for these streets is Rs 260 per sq.ft, placing Kamatchiamman Koil st at this median value.

• Kamarajar St: Rs 260 per sq.ft (2024)
• Kamarajar Harijana Colony: Rs 150 per sq.ft (2024)
• Kannagi Street: Rs 260 per sq.ft (2024)
• Kanniamman Koil St: Rs 150 per sq.ft (2024)
• Koil Street: Rs 260 per sq.ft (2024)
• K.P.N. Kandigai Arunthathi Colony: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Kamatchiamman Koil st

For a 1,000 sq.ft plot at the current guideline value of Rs 260 per sq.ft, the total guideline value would be Rs 2,60,000. The stamp duty at 7% would amount to Rs 18,200, and the registration fee at 2% would be Rs 5,200, bringing the total cost for these fees to Rs 23,400. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Kamatchiamman Koil st?

The Sub Registrar Office covering Kamatchiamman Koil st is the Ramakrishna Rajupettai Sub Registrar Office, located at Pallipattu Road, Rk Pettai 631 303, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of properties in Ammayarkuppam. It is used to determine the stamp duty and registration fees applicable during the transaction, ensuring that both buyers and sellers are aware of the costs involved.

When buying or selling property, it is essential to refer to the latest guideline value to understand the financial implications. This value is maintained by the Registration Department and is updated periodically to reflect changes in the real estate market.

Frequently asked questions

What is the current guideline value of Kamatchiamman Koil st?

The current guideline value of Kamatchiamman Koil st is Rs 260 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 260 per sq.ft in 2012, then decreased to Rs 174 per sq.ft in 2017, and returned to Rs 260 per sq.ft in both 2023 and 2024.

What is the median guideline value for streets in Ammayarkuppam?

The median guideline value for streets in Ammayarkuppam is Rs 260 per sq.ft, which is the same as the guideline value for Kamatchiamman Koil st.

What are the stamp duty and registration fees for property in Kamatchiamman Koil st?

For a 1,000 sq.ft plot, the total guideline value is Rs 2,60,000, leading to a stamp duty of Rs 18,200 and a registration fee of Rs 5,200, totaling Rs 23,400.

Which office handles property registrations for Kamatchiamman Koil st?

The Ramakrishna Rajupettai Sub Registrar Office handles property registrations for Kamatchiamman Koil st, located at Pallipattu Road, Rk Pettai 631 303, Chennai registration zone.