Guideline Value for SANGOTHIY AMMAN KOVIL THERU

Sangothiy Amman Kovil Theru guideline value

The current guideline value of Sangothiy Amman Kovil Theru is Rs 1,000 per sq.ft. This street is located in Kolapakkam village and falls under the Gooduvancheri SRO. The land classification for this area is Commercial Class I Type - II.

How the guideline value of Sangothiy Amman Kovil Theru has changed

Over the years, the guideline value of Sangothiy Amman Kovil Theru has seen several revisions. The 2012 revision set the value at Rs 1,000 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 670 per sq.ft. However, in the 2023 revision, the guideline value increased to Rs 1,000 per sq.ft again.

From 2017 to 2023, there was an increase of 49%. In contrast, the change from 2012 to 2017 showed a decrease of 33%. Overall, from 2012 to 2023, the guideline value has remained the same, with no net change.

Guideline values in Kolapakkam

Currently, there are no specific village figures available for Kolapakkam. Sangothiy Amman Kovil Theru is one of the streets under the Gooduvancheri SRO. There are no other streets in Kolapakkam listed with guideline values.

Stamp duty and registration fee for property in Sangothiy Amman Kovil Theru

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total fees to Rs 90,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Sangothiy Amman Kovil Theru?

The Sangothiy Amman Kovil Theru area is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is an important factor when registering property transactions in Kolapakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is sold, the buyer must pay the stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Sangothiy Amman Kovil Theru?

The current guideline value of Sangothiy Amman Kovil Theru is Rs 1,000 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, and then back to Rs 1,000 per sq.ft in 2023. Overall, there has been no net change from 2012 to 2023.

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

For a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000 and the registration fee would be Rs 20,000, totaling Rs 90,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles property registrations for Sangothiy Amman Kovil Theru?

The Gooduvancheri Sub Registrar Office handles property registrations for Sangothiy Amman Kovil Theru. It is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

Are there other streets in Kolapakkam with guideline values?

Currently, there are no other streets in Kolapakkam listed with guideline values under the Gooduvancheri SRO.