Guideline Value for Osooramman Koil Street

Osooramman Koil Street guideline value

The current guideline value of Osooramman Koil Street is Rs 400 per sq.ft, effective from 1 July 2024. This street is located in Thirukalukundrem A village under the Thirukazhukundram SRO, classified as Residential Class IV Type - I.

How the guideline value of Osooramman Koil Street has changed

In the 2017 revision, the guideline value was Rs 268 per sq.ft. This figure remained unchanged in the subsequent 2023 revision, where it was still Rs 400 per sq.ft. The most recent revision in 2024 also set the guideline value at Rs 400 per sq.ft, resulting in no percentage change from 2023 to 2024. The overall change from 2017 to 2024 reflects a significant increase of 49%.

The register has no figures for the years 2002, 2003, 2007, and 2012 for Osooramman Koil Street. This lack of data means that the only revisions available for this street are from 2017, 2023, and 2024.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 1,344 per sq.ft, with a median value of Rs 600 per sq.ft. Osooramman Koil Street's 2024 guideline value of Rs 400 per sq.ft is below this median.

• Padasalai Street: Rs 600 per sq.ft (2024)
• Padasalai Street D.M.Pet: Rs 700 per sq.ft (2024)
• North Street Mangalam: Rs 600 per sq.ft (2024)
• North Sannathi Street: Rs 900 per sq.ft (2024)
• North Mada Veethi Cross Street: Rs 800 per sq.ft (2024)
• North Mada Veethi: Rs 1,005 per sq.ft (2024)

Stamp duty and registration fee for property in Osooramman Koil Street

For a 1,000 sq.ft plot at the current rate of Rs 400 per sq.ft, the guideline value amounts to Rs 4,00,000. The stamp duty at 7% would be Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total to Rs 36,000. It is important to note that 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 detailed calculations.

Which Sub Registrar Office covers Osooramman Koil Street?

The Osooramman Koil Street is covered by the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Thirukalukundrem A. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When purchasing property, the guideline value is used to calculate the applicable charges, ensuring that both the buyer and seller are aware of the official valuation of the property. This helps to maintain transparency in property transactions.

Frequently asked questions

What is the current guideline value of Osooramman Koil Street?

The current guideline value of Osooramman Koil Street is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 400 per sq.ft since 2023. It increased from Rs 268 per sq.ft in 2017, marking a 49% increase overall from 2017 to 2024.

What is the land classification of Osooramman Koil Street?

Osooramman Koil Street is classified as Residential Class IV Type - I under the guideline value register.

What are the stamp duty and registration fees for property on this street?

For a property valued at Rs 4,00,000, the stamp duty would be Rs 28,000, and the registration fee would be Rs 8,000, totaling Rs 36,000.

Which office handles registrations for Osooramman Koil Street?

The Thirukazhukundram Sub Registrar Office handles registrations for Osooramman Koil Street, located at Thiruchengode - 637 211, Chengalpattu registration zone.