Guideline Value for Kizhandai Street

Kizhandai Street guideline value

The current guideline value of Kizhandai Street is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Thirupanthiyoor village, under the Sunguvarchattram SRO, and is classified as Residential Class IV Type - I.

How the guideline value of Kizhandai Street has changed

In the 2012 revision, the guideline value was set at Rs 200 per sq.ft. This value remained unchanged until the 2017 revision, where it decreased to Rs 134 per sq.ft, marking a reduction of 33%. The 2023 revision brought the value back to Rs 200 per sq.ft, and this figure was maintained in the 2024 revision, resulting in no change from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has remained at Rs 200 per sq.ft, indicating no overall change. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thirupanthiyoor

Thirupanthiyoor village has 53 streets under the Sunguvarchattram SRO, with guideline values ranging from Rs 200 to Rs 900 per sq.ft. The median guideline value in this village is Rs 350 per sq.ft, which means Kizhandai Street's 2024 figure is below that median.

• Lee Royal Farms: Rs 200 per sq.ft (2024)
• Lourdhu Nagar: Rs 350 per sq.ft (2024)
• Madha nagar: Rs 450 per sq.ft (2024)
• JPV Forms: Rs 200 per sq.ft (2024)
• MathaKovil Street: Rs 400 per sq.ft (2024)
• Melandai Street: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Kizhandai Street

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, making the total Rs 18,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kizhandai Street?

The Sub Registrar Office that covers Kizhandai Street is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when buying or selling property in Thirupanthiyoor. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value serves as a reference point for the transaction. Buyers and sellers must consider this value to ensure compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of Kizhandai Street?

The current guideline value of Kizhandai Street is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2012 to Rs 134 per sq.ft in 2017, then back to Rs 200 per sq.ft in 2023 and 2024. Overall, there has been no change from 2012 to 2024.

What is the land classification for Kizhandai Street?

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

Where can I find the Sub Registrar Office for Kizhandai Street?

The Sub Registrar Office for Kizhandai Street is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 200 per sq.ft, the total fees would amount to Rs 18,000.