Guideline Value for Mariyamman Koil Street

Mariyamman Koil Street guideline value

The current guideline value of Mariyamman Koil Street is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Vallam_B village under the Sriperumpudur SRO, classified as Residential Class III Type - I.

How the guideline value of Mariyamman Koil Street has changed

In the 2017 revision, the guideline value for Mariyamman Koil Street was set at Rs 134 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded a guideline value of Rs 200 per sq.ft. The most recent revision in 2024 has again maintained the guideline value at Rs 200 per sq.ft, reflecting a 49% increase from the 2017 figure.

It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street. Thus, the only revisions available for reference are from 2017, 2023, and 2024, with no changes in value from 2023 to 2024.

Guideline values in Vallam_B

In Vallam_B, there are 73 streets under the Sriperumpudur SRO that have a 2024 guideline value ranging from Rs 150 to Rs 1,950 per sq.ft. The median guideline value in this area is Rs 400 per sq.ft, positioning Mariyamman Koil Street below this median.

• Mettu Street: Rs 400 per sq.ft (2024)
• Molakkalamman Koil Street: Rs 400 per sq.ft (2024)
• Madha Koil Street: Rs 200 per sq.ft (2024)
• Little Farms: Rs 200 per sq.ft (2024)
• Murugan Nagar: Rs 400 per sq.ft (2024)
• Muthamil Nagar: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Mariyamman Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total cost for these fees to Rs 18,000. It is essential to note that the 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 detailed calculations.

Which Sub Registrar Office covers Mariyamman Koil Street?

The Sub Registrar Office that covers Mariyamman Koil Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, 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 Vallam_B

The guideline value plays a crucial role in property transactions in Vallam_B. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value is assessed to calculate the applicable stamp duty and registration fees. Buyers must be aware that these fees are based on the guideline value or the actual sale price, whichever is higher, ensuring transparency in property transactions.

Frequently asked questions

What is the current guideline value of Mariyamman Koil Street?

The current guideline value of Mariyamman Koil Street is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased by 49%, from Rs 134 per sq.ft to Rs 200 per sq.ft in both the 2023 and 2024 revisions.

Are there any years without a guideline value for Mariyamman Koil Street?

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

What are the stamp duty and registration fees for a property in Mariyamman Koil Street?

For a 1,000 sq.ft plot at the guideline value of Rs 200 per sq.ft, the total guideline value is Rs 2,00,000. The stamp duty would be Rs 14,000 and the registration fee would be Rs 4,000, totaling Rs 18,000.

Which office handles the registration for properties in Mariyamman Koil Street?

The Sriperumpudur Sub Registrar Office handles the registration for properties in Mariyamman Koil Street, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.