Guideline Value for Noombal Church Street

Noombal Church Street guideline value

The current guideline value of Noombal Church Street is Rs 1,870 per sq.ft, effective from 1 July 2024. This street is located in Noombal village, under the Kunrathur SRO, and is classified as Residential Special Type - III.

How the guideline value of Noombal Church Street has changed

The guideline value for Noombal Church Street has undergone several revisions over the years. The 2017 revision recorded a value of Rs 1,139 per sq.ft. This increased significantly to Rs 1,700 per sq.ft in the 2023 revision, marking a change of 49%. The latest revision in 2024 saw the guideline value rise to Rs 1,870 per sq.ft, reflecting a 10% increase from the previous year.

There are no recorded figures for Noombal Church Street in the revisions from the years 2002, 2003, 2007, and 2012. Overall, from 2017 to 2024, the guideline value has increased by 64%.

Guideline values in Noombal

Noombal village has a total of 164 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 6,500 per sq.ft. The median guideline value for these streets is Rs 2,090 per sq.ft, placing Noombal Church Street's 2024 figure below this median.

• Noombal Erikkarai 2nd Cross Street: Rs 2,090 per sq.ft (2024)
• Noombal Erikkarai Ist Cross Street: Rs 2,090 per sq.ft (2024)
• Noombal Erikkarai School Street: Rs 2,090 per sq.ft (2024)
• Noombal Erikkarai Street: Rs 2,090 per sq.ft (2024)
• Noombal Gardenia: Rs 3,300 per sq.ft (2024)
• Noombal kannabiran Street: Rs 2,090 per sq.ft (2024)

Stamp duty and registration fee for property in Noombal Church Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,870 per sq.ft, the total guideline value would be Rs 18,70,000. The stamp duty at 7% would amount to Rs 1,30,900, and the registration fee at 2% would be Rs 37,400, bringing the total to Rs 1,68,300. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Noombal Church Street?

The Sub Registrar Office that covers Noombal Church Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. For more information, you can find your SRO.

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

The guideline value is a critical factor during the registration of property transactions in Noombal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value helps in assessing the fair value of the property, which is essential for both buyers and sellers. It is advisable to consult the latest guideline values to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of Noombal Church Street?

The current guideline value of Noombal Church Street is Rs 1,870 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,139 per sq.ft in 2017 to Rs 1,700 per sq.ft in 2023, and then to Rs 1,870 per sq.ft in 2024.

What are the other streets in Noombal with their guideline values?

Other streets in Noombal include Noombal Erikkarai 2nd Cross Street, Noombal Erikkarai Ist Cross Street, Noombal Erikkarai School Street, Noombal Erikkarai Street, Noombal Gardenia, and Noombal kannabiran Street, with values ranging from Rs 2,090 to Rs 3,300 per sq.ft in 2024.

What is the stamp duty for property in Noombal Church Street?

The stamp duty for a property in Noombal Church Street is 7% of the guideline value or sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur a stamp duty of Rs 1,30,900.

Which office handles property registrations in Noombal?

The Kunrathur Sub Registrar Office handles property registrations for Noombal Church Street, located at No.59, Road Street, Kundrathur, Chennai -600 069.