Guideline Value for SRI KAMATCHI YOGAM ENCLAVE

Sri Kamatchi Yogam Enclave guideline value

The current guideline value for Sri Kamatchi Yogam Enclave is Rs 400 per sq.ft, effective from 1 July 2024. This property is located in Vedapalayam village, under the Uthiramerur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Sri Kamatchi Yogam Enclave has changed

According to the guideline value register, the revisions for Sri Kamatchi Yogam Enclave show that there has been no change in the guideline value from 2023 to 2024, remaining at Rs 400 per sq.ft. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

In the 2023 revision, the guideline value was also Rs 400 per sq.ft. Therefore, the guideline value has remained consistent across the last two revisions, with a change of +0% from 2023 to 2024.

Guideline values in Vedapalayam

In Vedapalayam, there are 29 streets under the Uthiramerur SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 900 per sq.ft, with a median value of Rs 400 per sq.ft. The guideline value for Sri Kamatchi Yogam Enclave aligns with this median at Rs 400 per sq.ft.

• Siva Sakthi Nagar: Rs 603 per sq.ft (2024)
• S V Nagar Extension: Rs 600 per sq.ft (2024)
• Sanjeevi Nagar: Rs 900 per sq.ft (2024)
• Vazhai Thottampen Street: Rs 600 per sq.ft (2024)
• Vedapalayam Arunachanaickar Street: Rs 300 per sq.ft (2024)
• Vedapalayam Bajanai Koil Sandu: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Kamatchi Yogam Enclave

For a 1,000 sq.ft plot at the current rate of Rs 400 per sq.ft, the guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, totaling Rs 36,000. Please note that the duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Kamatchi Yogam Enclave?

The Sub Registrar Office that covers Sri Kamatchi Yogam Enclave is the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.

You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process of property transactions in Vedapalayam. When buying or selling property, the guideline value is utilized to determine the applicable stamp duty and registration fees.

It is essential to be aware that the guideline value is set by the government and reflects the minimum value at which properties can be registered. This ensures transparency and uniformity in property transactions within the region.

Frequently asked questions

What is the current guideline value for Sri Kamatchi Yogam Enclave?

The current guideline value for Sri Kamatchi Yogam Enclave 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 for both the 2023 and 2024 revisions, with no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Sri Kamatchi Yogam Enclave?

Sri Kamatchi Yogam Enclave is classified as Residential Class I Type - I.

What are the stamp duty and registration fees for buying property here?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 36,000.

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

The Uthiramerur Sub Registrar Office covers Sri Kamatchi Yogam Enclave, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.