Guideline Value for Kuzhambara Koil Kammala Street

Kuzhambara Koil Kammala Street guideline value

The current guideline value of Kuzhambara Koil Kammala Street is Rs 900 per sq.ft, effective from 1 July 2024. This street is located in Uthiramerur village, under the Uthiramerur SRO, and falls under the Residential Class II Type - I land classification.

How the guideline value of Kuzhambara Koil Kammala Street has changed

The guideline value for Kuzhambara Koil Kammala Street has seen several revisions over the years. In 2007, the value was Rs 147 per sq.ft, which increased significantly to Rs 900 per sq.ft in 2012, marking a 512% rise. However, it dropped back to Rs 603 per sq.ft in 2017, a decrease of 33%. The value remained stable at Rs 900 per sq.ft in both the 2023 and 2024 revisions, showing no change from the previous year.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 512%, reflecting the changes across the revisions.

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. Kuzhambara Koil Kammala Street's 2024 guideline value is above this median.

• Kuzhambara koil 2-nd Street: Rs 700 per sq.ft (2024)
• Kuzhambarakoil street: Rs 700 per sq.ft (2024)
• Kuzhambara koil 1-st Street: Rs 700 per sq.ft (2024)
• Kuppaiyanaloor Kalani: Rs 700 per sq.ft (2024)
• Kulaththangarai street: Rs 1,000 per sq.ft (2024)
• Madhuriyamman Koil Street: Rs 900 per sq.ft (2024)

Stamp duty and registration fee for property in Kuzhambara Koil Kammala Street

For a 1,000 sq.ft plot at the current guideline value of Rs 900 per sq.ft, the total guideline value would be Rs 9,00,000. The stamp duty at 7% would amount to Rs 63,000, and the registration fee at 2% would be Rs 18,000, bringing the total to Rs 81,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kuzhambara Koil Kammala Street?

The Kuzhambara Koil Kammala Street is covered by 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 plays a crucial role during property transactions in Uthiramerur. It is used to determine the stamp duty and registration fees that need to be paid at the time of property registration. Buyers and sellers should be aware that the guideline value is the basis for calculating these fees, ensuring transparency in the property transaction process.

When a property is bought or sold, the guideline value serves as a reference point for both parties. It helps in establishing a fair value for the property, which is essential for legal and financial transactions. Understanding the guideline value can assist buyers and sellers in making informed decisions during the property transaction process.

Frequently asked questions

What is the current guideline value of Kuzhambara Koil Kammala Street?

The current guideline value of Kuzhambara Koil Kammala Street is Rs 900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 147 per sq.ft in 2007 to Rs 900 per sq.ft in 2012, then decreased to Rs 603 per sq.ft in 2017, and has remained at Rs 900 per sq.ft in both 2023 and 2024.

What is the median guideline value in Uthiramerur?

The median guideline value in Uthiramerur is Rs 800 per sq.ft, with Kuzhambara Koil Kammala Street's value being above this median at Rs 900 per sq.ft.

What are the stamp duty and registration fees for properties on this street?

For a property valued at Rs 9,00,000, the stamp duty would be Rs 63,000 and the registration fee would be Rs 18,000, totaling Rs 81,000.

Which office handles registrations for Kuzhambara Koil Kammala Street?

The Uthiramerur Sub Registrar Office handles registrations for Kuzhambara Koil Kammala Street, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406.