Guideline Value for SENTHAMIL NAGAR UDAYASURIYAN ST

Senthamil Nagar Udayasuriyan St guideline value

The current guideline value of Senthamil Nagar Udayasuriyan St is Rs 810 per sq.ft, effective from 1 July 2024. This street is located in Vilingiyambakkam village, under the Avadi SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Senthamil Nagar Udayasuriyan St has changed

The guideline value for Senthamil Nagar Udayasuriyan St has undergone several revisions over the years. In 2012, the value was Rs 650 per sq.ft, which then decreased to Rs 435 per sq.ft in 2017. Following this, the value increased significantly to Rs 650 per sq.ft in 2023, and most recently, it rose to Rs 810 per sq.ft in 2024, marking a 25% increase from the previous year. The register has no figures for the years 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased by 49%. Overall, from 2012 to 2024, the guideline value has increased by 25%.

Guideline values in Vilingiyambakkam

In Vilingiyambakkam, there are 252 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 4,400 per sq.ft. The median guideline value for these streets is Rs 935 per sq.ft, placing Senthamil Nagar Udayasuriyan St's 2024 figure below that median.

• Senthamil Nagar Kannadasan St: Rs 810 per sq.ft (2024)
• Senthamil Nagar Jegajeevanam Street: Rs 810 per sq.ft (2024)
• Senthamil Nagar Immanuel St: Rs 810 per sq.ft (2024)
• Senthamil Nagar Buddhar St: Rs 810 per sq.ft (2024)
• Senthamil Nagar Ambedkar St: Rs 810 per sq.ft (2024)
• Senthilsamy St: Rs 935 per sq.ft (2024)

Stamp duty and registration fee for property in Senthamil Nagar Udayasuriyan St

For a 1,000 sq.ft plot at the current guideline value of Rs 810 per sq.ft, the total guideline value would be Rs 8,10,000. The stamp duty at 7% would amount to Rs 56,700, and the registration fee at 2% would be Rs 16,200, bringing the total fees to Rs 72,900. It is important to 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 information on fees applicable to your property transaction.

Which Sub Registrar Office covers Senthamil Nagar Udayasuriyan St?

The Sub Registrar Office that covers Senthamil Nagar Udayasuriyan St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is an essential factor in the registration process when buying or selling property in Vilingiyambakkam. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that these costs are calculated accurately based on the property's value.

When a property is sold, the guideline value helps establish a fair price for taxation purposes. Buyers and sellers must be aware of this value to avoid any discrepancies during the registration of the property.

Frequently asked questions

What is the current guideline value of Senthamil Nagar Udayasuriyan St?

The current guideline value of Senthamil Nagar Udayasuriyan St is Rs 810 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 650 per sq.ft in 2012 to Rs 435 per sq.ft in 2017, then increased to Rs 650 per sq.ft in 2023, and finally to Rs 810 per sq.ft in 2024.

What is the land classification for Senthamil Nagar Udayasuriyan St?

The land classification for Senthamil Nagar Udayasuriyan St is Residential Class I Type - III.

Where can I find the registration office for properties in this area?

The registration office for properties in Senthamil Nagar Udayasuriyan St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for properties in Senthamil Nagar Udayasuriyan St?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 810 per sq.ft, the stamp duty would be Rs 56,700.