Guideline Value for Kuppaiyanaloor Kalani

Kuppaiyanaloor Kalani guideline value

The current guideline value of Kuppaiyanaloor Kalani is Rs 700 per sq.ft, effective from 1 July 2024. This area is located in Uthiramerur village under the Uthiramerur SRO, classified as Residential Class III Type - I.

How the guideline value of Kuppaiyanaloor Kalani has changed

Over the years, the guideline value for Kuppaiyanaloor Kalani has seen several revisions. In 2007, the value was Rs 50 per sq.ft, which increased significantly to Rs 700 per sq.ft in 2012. However, in 2017, it dropped to Rs 469 per sq.ft. The 2023 revision maintained the value at Rs 700 per sq.ft, and the latest revision in 2024 also holds the value at Rs 700 per sq.ft. The register has no figure for this street for the years 2002 and 2003.

From 2007 to 2012, there was a remarkable increase of 1300%. The value then decreased by 33% from 2012 to 2017. However, from 2017 to 2023, there was a significant rise of 49%. Overall, from 2007 to 2024, the guideline value has increased by 1300%.

Guideline values in Uthiramerur

In Uthiramerur, there are 180 streets under the Uthiramerur SRO with the 2024 guideline values ranging from Rs 200 to Rs 1,800 per sq.ft. The median guideline value in this area is Rs 800 per sq.ft, placing Kuppaiyanaloor Kalani's 2024 figure below that median.

• Kuzhambara koil 1-st Street: Rs 700 per sq.ft (2024)
• Kuzhambara koil 2-nd Street: Rs 700 per sq.ft (2024)
• Kuzhambara Koil Kammala Street: Rs 900 per sq.ft (2024)
• Kuzhambarakoil street: Rs 700 per sq.ft (2024)
• Kulaththangarai street: Rs 1,000 per sq.ft (2024)
• Krishna Nagar: Rs 1,500 per sq.ft (2024)

Stamp duty and registration fee for property in Kuppaiyanaloor Kalani

For a 1,000 sq.ft plot at the current rate of Rs 700 per sq.ft, the guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, totaling Rs 63,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Kuppaiyanaloor Kalani?

Kuppaiyanaloor Kalani 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 a crucial factor when registering property transactions in Uthiramerur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately for taxation purposes.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. This ensures that both buyers and sellers are aware of the financial implications of their transactions based on the established guideline values.

Frequently asked questions

What is the current guideline value of Kuppaiyanaloor Kalani?

The current guideline value of Kuppaiyanaloor Kalani is Rs 700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly over the years, from Rs 50 per sq.ft in 2007 to Rs 700 per sq.ft in 2012, then to Rs 469 per sq.ft in 2017, and remaining at Rs 700 per sq.ft in 2023 and 2024.

What is the median guideline value in Uthiramerur?

The median guideline value in Uthiramerur is Rs 800 per sq.ft, with Kuppaiyanaloor Kalani's 2024 figure being below this median.

What are the stamp duty and registration fees for Kuppaiyanaloor Kalani?

For a property valued at Rs 7,00,000, the stamp duty would be Rs 49,000 and the registration fee would be Rs 14,000, totaling Rs 63,000.

Where is the Sub Registrar Office for Kuppaiyanaloor Kalani located?

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