Guideline Value for SERKADU SENGZHUNEER VINAGAR KOIL STREET

Serkadu Sengzhuneer Vinagar Koil Street guideline value

The current guideline value of Serkadu Sengzhuneer Vinagar Koil Street is Rs 750 per sq.ft. This street is located in Walajabad village, under the Walajabad SRO, and is classified as Residential Class IV Type - I.

How the guideline value of Serkadu Sengzhuneer Vinagar Koil Street has changed

The guideline value for Serkadu Sengzhuneer Vinagar Koil Street has seen several revisions over the years. In the 2007 revision, the value was Rs 60 per sq.ft, which increased significantly to Rs 750 per sq.ft in the 2012 revision, marking a change of +1150%. However, in the 2017 revision, the value decreased to Rs 502 per sq.ft, reflecting a drop of -33%. The guideline value then rose again to Rs 750 per sq.ft in both the 2023 and 2024 revisions, with no change between these two years.

The register has no figure for this street in 2002 and 2003. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by +1150%.

Guideline values in Walajabad

In Walajabad, there are 196 streets under the Walajabad SRO that carry a 2024 guideline value, ranging from Rs 400 to Rs 2,000 per sq.ft. The median value is Rs 750 per sq.ft, which is equal to the 2024 guideline value of Serkadu Sengzhuneer Vinagar Koil Street.

• Serkadu Salai: Rs 750 per sq.ft (2024)
• Serkadu Srinivasa Perumal Koil Street: Rs 750 per sq.ft (2024)
• Serkadu Pogum Road: Rs 750 per sq.ft (2024)
• Serkadu Gangai Vinauagar Koil Street: Rs 750 per sq.ft (2024)
• Serkadu Balavinayagar Koil Stret: Rs 750 per sq.ft (2024)
• Selva Vinayagar Nagar Extension -I: Rs 750 per sq.ft (2024)

Stamp duty and registration fee for property in Serkadu Sengzhuneer Vinagar Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value would be Rs 7,50,000. The stamp duty at 7% would amount to Rs 52,500, and the registration fee at 2% would be Rs 15,000, bringing the total fees to Rs 67,500. 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 details.

Which Sub Registrar Office covers Serkadu Sengzhuneer Vinagar Koil Street?

The Sub Registrar Office that covers Serkadu Sengzhuneer Vinagar Koil Street is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Walajabad. It determines the amount of stamp duty and registration fees that need to be paid at the time of registration.

Frequently asked questions

What is the current guideline value of Serkadu Sengzhuneer Vinagar Koil Street?

The current guideline value of Serkadu Sengzhuneer Vinagar Koil Street is Rs 750 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 60 per sq.ft in 2007 to Rs 750 per sq.ft in 2012, then decreased to Rs 502 per sq.ft in 2017, and returned to Rs 750 per sq.ft in 2023 and 2024.

What is the land classification for Serkadu Sengzhuneer Vinagar Koil Street?

Serkadu Sengzhuneer Vinagar Koil Street is classified as Residential Class IV Type - I.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Serkadu Sengzhuneer Vinagar Koil Street is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Walajabad?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. The current rate is 7% for stamp duty and 2% for the registration fee.