Guideline Value for Rajankuppam Yadava street

Rajankuppam Yadava street guideline value

The current guideline value of Rajankuppam Yadava street is Rs 1,400 per sq.ft, effective from 1 July 2024. This street is located in 44.Ayanambakkam village under the Konnur SRO, classified as Residential Class I Type - II.

How the guideline value of Rajankuppam Yadava street has changed

The guideline value for Rajankuppam Yadava street has seen several revisions over the years. In the 2017 revision, the value was Rs 871 per sq.ft. This increased significantly to Rs 1,300 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 set the value at Rs 1,400 per sq.ft, reflecting an 8% increase from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. Overall, from 2017 to 2024, the guideline value has increased by 61%.

Guideline values in 44.Ayanambakkam

In 44.Ayanambakkam, there are 157 streets under the Konnur SRO that carry a 2024 guideline value ranging from Rs 801 to Rs 9,702 per sq.ft, with a median value of Rs 1,300 per sq.ft. The guideline value for Rajankuppam Yadava street is above this median.

• Rajangkuppam Salai: Rs 2,200 per sq.ft (2024)
• Rajangkuppam Perumal Koil Street: Rs 1,400 per sq.ft (2024)
• Rajiv Ganthi Nagar: Rs 880 per sq.ft (2024)
• Pooja Avenue: Rs 1,700 per sq.ft (2024)
• Rani Anna Nagar: Rs 880 per sq.ft (2024)
• Ponniamman Nagar Salai: Rs 1,200 per sq.ft (2024)

Stamp duty and registration fee for property in Rajankuppam Yadava street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total guideline value would be Rs 14,00,000. The stamp duty at 7% would amount to Rs 98,000, and the registration fee at 2% would be Rs 28,000, bringing the total cost to Rs 1,26,000. Please note that the 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 Rajankuppam Yadava street?

The Sub Registrar Office that covers Rajankuppam Yadava street is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more information.

How the guideline value is used when you buy or sell in 44.Ayanambakkam

The guideline value is an essential factor in the registration process when buying or selling property in 44.Ayanambakkam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When registering a property, the guideline value is used to calculate the charges, ensuring that both the buyer and seller are aware of the financial implications involved in the transaction.

Frequently asked questions

What is the current guideline value of Rajankuppam Yadava street?

The current guideline value of Rajankuppam Yadava street is Rs 1,400 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 871 per sq.ft in 2017 to Rs 1,400 per sq.ft in 2024, marking an overall increase of 61%.

What is the registration office for Rajankuppam Yadava street?

The registration office for Rajankuppam Yadava street is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property valued at Rs 14,00,000 would incur a stamp duty of Rs 98,000 at 7%.

What are the other streets in 44.Ayanambakkam with guideline values?

Other streets in 44.Ayanambakkam include Rajangkuppam Salai, Rajangkuppam Perumal Koil Street, Rajiv Ganthi Nagar, Pooja Avenue, Rani Anna Nagar, and Ponniamman Nagar Salai, with varying guideline values.