Guideline Value for Marathamannam koil st

Marathamannam koil st guideline value

The current guideline value of Marathamannam koil st is Rs 300 per sq.ft, effective from 1 July 2024. This street is located in Kilay village, under the Sriperumpudur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Marathamannam koil st has changed

The guideline value for Marathamannam koil st has undergone several revisions over the years. The 2012 revision set the value at Rs 300 per sq.ft, which remained unchanged in the 2017 revision. However, it was then revised to Rs 201 per sq.ft in 2017, marking a decrease of 33% from the previous revision. The 2023 revision brought the value back to Rs 300 per sq.ft, and the 2024 revision maintained this figure, showing a 0% change from 2023 to 2024.

In summary, from the 2012 revision to the 2024 revision, the overall change in guideline value is 0%. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Kilay

In Kilay village, there are 31 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 400 per sq.ft, with a median value of Rs 300 per sq.ft. Marathamannam koil st's 2024 figure matches this median value.

• M.G.R Street: Rs 150 per sq.ft (2024)
• Lingeswar Nagar: Rs 200 per sq.ft (2024)
• Lingeswarar Nagar: Rs 200 per sq.ft (2024)
• Kutty Nagar: Rs 300 per sq.ft (2024)
• Kujalamba Colony: Rs 300 per sq.ft (2024)
• J.P. Nagar: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Marathamannam koil st

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total fees to Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Marathamannam koil st?

The Marathamannam koil st is covered by the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. To learn more about other offices, you can find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Kilay. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When a buyer or seller approaches the Sriperumpudur SRO for registration, the guideline value is referenced to ensure that the appropriate fees are calculated based on either the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Marathamannam koil st?

The current guideline value of Marathamannam koil st is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, then back to Rs 300 per sq.ft in 2023 and 2024, resulting in an overall change of 0% from 2012 to 2024.

Are there any years without guideline values for this street?

Yes, the register does not have figures for Marathamannam koil st for the years 2002, 2003, and 2007.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is calculated at 7% of the guideline value, while the registration fee is 2%. For a property valued at Rs 3,00,000, the total fees would amount to Rs 27,000.

Which office handles property registrations for Marathamannam koil st?

The Sriperumpudur Sub Registrar Office handles property registrations for Marathamannam koil st, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.