Guideline Value for Kurukku Street

Kurukku Street guideline value

The current guideline value of Kurukku Street in Echur_B village is Rs 150 per sq.ft, effective from 1 July 2024. This street falls under the Sunguvarchattram SRO and is classified as Residential Class IV Type - I.

How the guideline value of Kurukku Street has changed

The guideline value for Kurukku Street has undergone several revisions over the years. The most recent revision in 2024 maintains the guideline value at Rs 150 per sq.ft, which is the same as the 2023 revision. Prior to that, the 2017 revision set the value at Rs 100 per sq.ft, marking a 50% increase from 2017 to 2023 and an overall increase of 50% from 2017 to 2024.

It is important to note that the register has no figures for Kurukku Street for the years 2002, 2003, 2007, and 2012. Therefore, the only revisions with recorded values are from 2017, 2023, and 2024.

Guideline values in Echur_B

In Echur_B, there are 26 streets under the Sunguvarchattram SRO that have a 2024 guideline value ranging from Rs 150 to Rs 300 per sq.ft, with a median value of Rs 150 per sq.ft. Kurukku Street's 2024 figure aligns with this median value.

• Lakshmi Priya Farm Lands: Rs 150 per sq.ft (2024)
• Mantheivelliamman Kovil Streer: Rs 150 per sq.ft (2024)
• Kanakkar Street: Rs 150 per sq.ft (2024)
• Kammmalr Street: Rs 150 per sq.ft (2024)
• Mettu Street: Rs 200 per sq.ft (2024)
• Mettu Street in Cross Street: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Kurukku Street

For a 1,000 sq.ft plot at the current guideline value of Rs 150 per sq.ft, the total guideline value would be Rs 1,50,000. The stamp duty at 7% would amount to Rs 10,500, while the registration fee at 2% would be Rs 3,000, bringing the total charges to Rs 13,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Kurukku Street?

The Sub Registrar Office covering Kurukku 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 Echur_B

The guideline value plays a crucial role in the registration process when buying or selling property in Echur_B. It is used to determine the stamp duty and registration fees that must be paid at the time of registration.

When a property is sold, the guideline value is considered to ensure that the appropriate fees are collected based on the value of the property. This ensures transparency and compliance with local regulations during property transactions.

Frequently asked questions

What is the current guideline value of Kurukku Street?

The current guideline value of Kurukku Street is Rs 150 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 150 per sq.ft from 2023 to 2024. It was Rs 100 per sq.ft in 2017, marking a 50% increase overall from 2017 to 2024.

Are there any years with no recorded guideline value for Kurukku Street?

Yes, the register has no figures for Kurukku Street for the years 2002, 2003, 2007, and 2012.

What is the land classification for Kurukku Street?

Kurukku Street is classified as Residential Class IV Type - I.

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

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