Guideline Value for Koya Arunagiri 3rd Street

Koya Arunagiri 3rd Street guideline value

The current guideline value of Koya Arunagiri 3rd Street is Rs 6,600 per sq.ft, effective from 1 July 2024. This street is located in Triplicane village and falls under the Triplicane SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Koya Arunagiri 3rd Street has changed

The guideline value for Koya Arunagiri 3rd Street has seen several revisions over the years. The earliest recorded revision was in 2007, where the value was Rs 945 per sq.ft. This increased significantly to Rs 6,000 per sq.ft in 2012, marking a substantial rise of 535%. However, from 2012 to 2017, the value decreased to Rs 4,020 per sq.ft, a drop of 33%. The guideline value then rose to Rs 6,000 per sq.ft in 2023, reflecting a 49% increase. The most recent revision in 2024 set the value at Rs 6,600 per sq.ft, which is a 10% increase from the previous year.

There are no recorded figures for the years 2002 and 2003 for Koya Arunagiri 3rd Street. Overall, from 2007 to 2024, the guideline value has increased by 598%.

Guideline values in Triplicane

In Triplicane, there are 415 streets under the Triplicane SRO that carry a 2024 guideline value ranging from Rs 2,700 to Rs 20,900 per sq.ft. The median value for these streets is Rs 6,600 per sq.ft, which is equal to the current guideline value of Koya Arunagiri 3rd Street.

• Koya Arunagiri 2nd Street: Rs 6,600 per sq.ft (2024)
• Koya Arunagiri 4th Street: Rs 6,600 per sq.ft (2024)
• Koya Arunagiri 1st Street: Rs 6,600 per sq.ft (2024)
• Koya Arunagiri 5th Street: Rs 6,600 per sq.ft (2024)
• Koya Arunagiri Street: Rs 6,600 per sq.ft (2024)
• Krishnappa Mudali Street Ch - 5: Rs 5,500 per sq.ft (2024)

Stamp duty and registration fee for property in Koya Arunagiri 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 6,600 per sq.ft, the total guideline value would be Rs 66,00,000. The stamp duty at 7% would amount to Rs 4,62,000, and the registration fee at 2% would be Rs 1,32,000, bringing the total to Rs 5,94,000. Please note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Koya Arunagiri 3rd Street?

Koya Arunagiri 3rd Street is covered by the Triplicane Sub Registrar Office, located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014. For more information, you can find your SRO.

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

The guideline value is an important factor in property transactions in Triplicane, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value serves as a benchmark for calculating stamp duty and registration fees.

It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with legal requirements during the registration process. This value is regularly updated to reflect changes in the real estate market.

Frequently asked questions

What is the current guideline value of Koya Arunagiri 3rd Street?

The current guideline value of Koya Arunagiri 3rd Street is Rs 6,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 945 per sq.ft in 2007 to Rs 6,600 per sq.ft in 2024, reflecting an overall increase of 598% over this period.

What is the land classification for Koya Arunagiri 3rd Street?

Koya Arunagiri 3rd Street is classified as Residential Class I Type - I.

Where is the Triplicane Sub Registrar Office located?

The Triplicane Sub Registrar Office is located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014.

How is stamp duty calculated for properties in Koya Arunagiri 3rd Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft property at the current guideline value would incur a stamp duty of Rs 4,62,000.