Guideline Value for SUNDAR ST

Sundar St guideline value

The current guideline value of Sundar St in Vilingiyambakkam village is Rs 1,310 per sq.ft, effective from 1 July 2024. This property falls under the Residential Class III Type - I land classification and is registered at the Avadi Sub Registrar Office.

How the guideline value of Sundar St has changed

The guideline value for Sundar St has undergone several revisions over the years. The 2012 revision set the value at Rs 1,200 per sq.ft, which decreased to Rs 804 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 1,200 per sq.ft in 2023 and further rose to Rs 1,310 per sq.ft in the 2024 revision, marking a 9% increase from the previous year.

From 2017 to 2023, there was a notable increase of 49%. Overall, comparing the 2012 and 2024 revisions, the guideline value has increased by 9%. The register has no figures for the years 2002, 2003, and 2007 for this street.

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, with a median value of Rs 935 per sq.ft. Sundar St's 2024 figure of Rs 1,310 per sq.ft is above this median.

• Surigandhi St: Rs 935 per sq.ft (2024)
• Sundaramabal St: Rs 935 per sq.ft (2024)
• Tagoore St: Rs 1,310 per sq.ft (2024)
• Tamilannai St: Rs 800 per sq.ft (2024)
• Sr.Si.Vee.Raman St: Rs 935 per sq.ft (2024)
• Thamarai St: Rs 935 per sq.ft (2024)

Stamp duty and registration fee for property in Sundar St

For a 1,000 sq.ft plot at the current guideline value of Rs 1,310 per sq.ft, the total guideline value amounts to Rs 13,10,000. The stamp duty at 7% would be Rs 91,700, and the registration fee at 2% would be Rs 26,200, bringing the total to Rs 1,17,900. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sundar St?

The Sundar St falls under 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 information.

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

The guideline value is a crucial factor when buying or selling property in Vilingiyambakkam. It determines the minimum value at which a property can be registered, ensuring that the transaction is transparent and fair in terms of taxation.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both the buyer and seller are aware of the financial implications of the transaction, as these fees are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Sundar St?

The current guideline value of Sundar St is Rs 1,310 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen revisions from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then increasing to Rs 1,200 in 2023 and finally to Rs 1,310 in 2024.

What is the land classification for Sundar St?

Sundar St is classified under Residential Class III Type - I land classification.

Where can I find the Avadi Sub Registrar Office?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is stamp duty calculated for properties in Sundar St?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 13,10,000, the stamp duty would be Rs 91,700 at a rate of 7%.