Guideline Value for OLD DHARMARAJA KOIL STREET

Old Dharmaraja Koil Street guideline value

The current guideline value of Old Dharmaraja Koil Street is Rs 825 per sq.ft, effective from 1 July 2024. This street is located in Tiruttani village, under the Thiruttani SRO, and is classified as Residential Class III Type - I.

How the guideline value of Old Dharmaraja Koil Street has changed

The guideline value for Old Dharmaraja Koil Street has seen several revisions over the years. The 2017 revision recorded a value of Rs 502 per sq.ft, which increased to Rs 750 per sq.ft in the 2023 revision. The most recent revision in 2024 sets the guideline value at Rs 825 per sq.ft, marking a 10% increase from the previous year. Overall, from 2017 to 2024, there has been a significant rise of 64% in the guideline value.

It is important to note that there are no figures available for the revisions in the years 2002, 2003, 2007, and 2012 for this street. Thus, the only recorded values are from 2017, 2023, and 2024.

Guideline values in Tiruttani

In Tiruttani, there are 160 streets under the Thiruttani SRO that carry a guideline value for 2024, ranging from Rs 548 to Rs 1,540 per sq.ft. The median guideline value among these streets is Rs 825 per sq.ft, which is equal to the current value of Old Dharmaraja Koil Street.

• Old Bazar Street: Rs 770 per sq.ft (2024)
• Old Hospital Lane: Rs 550 per sq.ft (2024)
• Old Hospital Street: Rs 825 per sq.ft (2024)
• Nsc Bose Road: Rs 990 per sq.ft (2024)
• Pappireddtyopalli Road: Rs 550 per sq.ft (2024)
• Pappireddtyopalli Road 1st Street: Rs 550 per sq.ft (2024)

Stamp duty and registration fee for property in Old Dharmaraja Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 825 per sq.ft, the total guideline value would be Rs 8,25,000. The stamp duty at 7% would amount to Rs 57,750, while the registration fee at 2% would be Rs 16,500. Together, the total cost for stamp duty and registration would be Rs 74,250. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Old Dharmaraja Koil Street?

The Sub Registrar Office that covers Old Dharmaraja Koil Street is the Thiruttani Sub Registrar Office, located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Tiruttani. 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 helps both parties understand the official valuation of the property. It is essential for buyers to be aware of this value to ensure they are paying a fair price and to avoid any legal issues during the registration process.

Frequently asked questions

What is the current guideline value of Old Dharmaraja Koil Street?

The current guideline value of Old Dharmaraja Koil Street is Rs 825 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 502 per sq.ft to Rs 825 per sq.ft in 2024, which is an overall increase of 64%.

What is the stamp duty for property in Old Dharmaraja Koil Street?

The stamp duty for property in Old Dharmaraja Koil Street is calculated at 7% of the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office should I visit for transactions in Tiruttani?

The Thiruttani Sub Registrar Office covers transactions for Old Dharmaraja Koil Street. It is located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone.

Are there other streets with guideline values in Tiruttani?

Yes, there are 160 streets in Tiruttani under the Thiruttani SRO with varying guideline values. Some other streets include Old Bazar Street, Old Hospital Lane, and Nsc Bose Road.