Guideline Value for SRI RANGIYAM KARUPPAR AVENUE

Sri Rangiyam Karuppar Avenue guideline value

The current guideline value of Sri Rangiyam Karuppar Avenue is Rs 350 per sq.ft, effective from 1 July 2024. This street is located in the village of Uthukkadu under the Walajabad SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Sri Rangiyam Karuppar Avenue has changed

The guideline value for Sri Rangiyam Karuppar Avenue has remained unchanged at Rs 350 per sq.ft from the 2023 revision to the 2024 revision, reflecting a 0% change. Prior to that, the register has no figures for the revisions in 2017, 2012, 2007, 2003, and 2002.

In the 2024 revision, the value is set at Rs 350 per sq.ft, which is consistent with the 2023 revision. This indicates stability in the guideline value for this street over the last two years.

Guideline values in Uthukkadu - A

In Uthukkadu - A, there are 38 streets under the Walajabad SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 800 per sq.ft. The median value is Rs 350 per sq.ft, and the guideline value for Sri Rangiyam Karuppar Avenue aligns with this median.

• Sri Shivam Avenue: Rs 350 per sq.ft (2024)
• Sri Sivasakthi Nagar: Rs 300 per sq.ft (2024)
• Sri Sudharsan Gardens: Rs 300 per sq.ft (2024)
• Srinath Nagar: Rs 800 per sq.ft (2024)
• Sri Lakshmi Narasimma Perumal Nagar: Rs 350 per sq.ft (2024)
• Sri Lakshmi Narasima Perumal Nagar: Rs 350 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Rangiyam Karuppar Avenue

For a 1,000 sq.ft plot at the current rate of Rs 350 per sq.ft, the guideline value amounts to Rs 3,50,000. The stamp duty at 7% would be Rs 24,500, and the registration fee at 2% would be Rs 7,000, totaling Rs 31,500. 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 details.

Which Sub Registrar Office covers Sri Rangiyam Karuppar Avenue?

The Sub Registrar Office that covers Sri Rangiyam Karuppar Avenue is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in Uthukkadu - A

The guideline value is an important factor during the registration process when buying or selling property in Uthukkadu - A. It helps determine the stamp duty and registration fees that need to be paid based on the property's value.

When a property is registered, the guideline value is considered to ensure that the transaction is recorded accurately and that the appropriate taxes are collected. This ensures transparency and compliance with local regulations.

Frequently asked questions

What is the current guideline value of Sri Rangiyam Karuppar Avenue?

The current guideline value of Sri Rangiyam Karuppar Avenue is Rs 350 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 350 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Sri Rangiyam Karuppar Avenue?

The land classification for Sri Rangiyam Karuppar Avenue is Residential Class I Type - I, which indicates its suitability for residential development.

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

The Sub Registrar Office covering Sri Rangiyam Karuppar Avenue 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 this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 3,50,000, the stamp duty at 7% would be Rs 24,500.