Guideline Value for Noombal Ponniamman Koil street

Noombal Ponniamman Koil street guideline value

The current guideline value of Noombal Ponniamman Koil street is Rs 2,090 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 - I.

How the guideline value of Noombal Ponniamman Koil street has changed

The guideline value for Noombal Ponniamman Koil street has undergone several revisions over the years. The 2017 revision set the value at Rs 1,273 per sq.ft, which increased to Rs 1,900 per sq.ft in the 2023 revision. The current 2024 revision reflects a further increase to Rs 2,090 per sq.ft, marking a 10% rise from the previous year. The overall increase from 2017 to 2024 is 64%.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The substantial increase from Rs 1,273 in 2017 to Rs 2,090 in 2024 indicates significant changes in the guideline value over the years.

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 value is Rs 2,090 per sq.ft, which is the same as the guideline value for Noombal Ponniamman Koil street.

• Noombal Mettu Street: Rs 2,090 per sq.ft (2024)
• Noombal Salai: Rs 2,420 per sq.ft (2024)
• Noombal Kumar Street: Rs 2,090 per sq.ft (2024)
• Noombal Theruveethiamman Koil Street: Rs 2,090 per sq.ft (2024)
• Noombal kannabiran Street: Rs 2,090 per sq.ft (2024)
• Noombal Vellalar Street and Main Road: Rs 2,090 per sq.ft (2024)

Stamp duty and registration fee for property in Noombal Ponniamman Koil street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,090 per sq.ft, the total guideline value would be Rs 20,90,000. The stamp duty at 7% would amount to Rs 1,46,300, and the registration fee at 2% would be Rs 41,800, bringing the total to Rs 1,88,100. Please note that 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 details.

Which Sub Registrar Office covers Noombal Ponniamman Koil street?

The Sub Registrar Office that covers Noombal Ponniamman Koil street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions. It serves as the basis for calculating stamp duty and registration fees, ensuring that the government receives its due revenue from property transactions.

Frequently asked questions

What is the current guideline value of Noombal Ponniamman Koil street?

The current guideline value of Noombal Ponniamman Koil street is Rs 2,090 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 1,273 per sq.ft to Rs 2,090 per sq.ft in 2024, marking an overall increase of 64%.

What is the land classification for Noombal Ponniamman Koil street?

Noombal Ponniamman Koil street is classified as Residential Special Type - I.

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

For a property valued at Rs 20,90,000, the stamp duty would be Rs 1,46,300 and the registration fee would be Rs 41,800, totaling Rs 1,88,100.

Which office handles registrations for Noombal Ponniamman Koil street?

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