Guideline Value for Kizhakku Kammala Street

Kizhakku Kammala Street guideline value

The current guideline value of Kizhakku Kammala Street is Rs 1,000 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 I Type - I.

How the guideline value of Kizhakku Kammala Street has changed

The guideline value for Kizhakku Kammala Street has undergone several revisions over the years. In 2007, the value was Rs 147 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in 2012, marking a rise of 580%. However, this figure remained unchanged until the 2017 revision, which set the value at Rs 670 per sq.ft, a decrease of 33%. The value then rose to Rs 1,000 per sq.ft in 2023, maintaining that same rate in the 2024 revision, resulting in a 49% increase from the 2017 figure.

It is important to note that there are no recorded figures for Kizhakku Kammala Street in the revisions for 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 580%.

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. Kizhakku Kammala Street's 2024 guideline value of Rs 1,000 per sq.ft is above this median.

• Kizhakku Kammala Sandhu Street: Rs 900 per sq.ft (2024)
• Kizhvengadachari Street: Rs 1,500 per sq.ft (2024)
• Kedhareeshvaran Koil Street: Rs 1,000 per sq.ft (2024)
• Kollametu Kizhandai street: Rs 900 per sq.ft (2024)
• Kollametu mellandai street: Rs 900 per sq.ft (2024)
• Kattuppakkam Kalani: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Kizhakku Kammala Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total charges to Rs 90,000. Please note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Kizhakku Kammala Street?

Kizhakku Kammala 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 further assistance.

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

The guideline value is an important factor when registering property transactions in Uthiramerur. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction process.

Frequently asked questions

What is the current guideline value of Kizhakku Kammala Street?

The current guideline value of Kizhakku Kammala Street is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, with the most recent revision in 2024 maintaining the value at Rs 1,000 per sq.ft. The value has increased by 580% from Rs 147 per sq.ft in 2007 to the current rate.

What is the land classification for Kizhakku Kammala Street?

Kizhakku Kammala Street is classified as Residential Class I Type - I, indicating its suitability for residential purposes.

Where can I find the Uthiramerur Sub Registrar Office?

The Uthiramerur Sub Registrar Office is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.

How is stamp duty calculated for properties in Kizhakku Kammala Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property with a guideline value of Rs 10,00,000 would incur a stamp duty of Rs 70,000 at the rate of 7%.