Guideline Value for Sadras Salai Thirukkalukundram

Sadras Salai Thirukkalukundram guideline value

The current guideline value of Sadras Salai Thirukkalukundram is Rs 1,005 per sq.ft, effective from 1 July 2024. This area is located in Thirukalukundrem A village under the Thirukazhukundram SRO, and the land classification is Mixed Type - II.

How the guideline value of Sadras Salai Thirukkalukundram has changed

The guideline value for Sadras Salai Thirukkalukundram has seen several revisions over the years. The 2017 revision set the value at Rs 670 per sq.ft, which increased to Rs 1,000 per sq.ft in the 2023 revision. The latest revision in 2024 raised the guideline value to Rs 1,005 per sq.ft, marking a 1% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 50%.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The 2023 to 2024 change represents a modest increase of 1%, while the jump from 2017 to 2023 was a significant 49%.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets that carry a 2024 guideline value ranging from Rs 300 to Rs 1,344 per sq.ft, with a median value of Rs 600 per sq.ft. The guideline value for Sadras Salai is above this median.

• Sadras Salai Mangalam: Rs 805 per sq.ft (2024)
• Sadras Soorappan Salai: Rs 1,100 per sq.ft (2024)
• Sadras Salai: Rs 1,005 per sq.ft (2024)
• Ruthirankoil West Street: Rs 600 per sq.ft (2024)
• Ruthirankoil Sannathi Street: Rs 700 per sq.ft (2024)
• Ruthirankoil Sadras salai: Rs 805 per sq.ft (2024)

Stamp duty and registration fee for property in Sadras Salai Thirukkalukundram

For a 1,000 sq.ft plot at the current rate of Rs 1,005 per sq.ft, the guideline value amounts to Rs 10,05,000. The stamp duty at 7% would be Rs 70,350, and the registration fee at 2% would be Rs 20,100, bringing the total to Rs 90,450. 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 detailed calculations.

Which Sub Registrar Office covers Sadras Salai Thirukkalukundram?

The Sub Registrar Office covering Sadras Salai Thirukkalukundram is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in the property registration process in Thirukalukundrem A. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, it is essential to consider the guideline value as it can affect the overall cost of the transaction. Buyers should ensure that the sale price is at least equal to the guideline value to avoid complications during registration.

Frequently asked questions

What is the current guideline value of Sadras Salai Thirukkalukundram?

The current guideline value of Sadras Salai Thirukkalukundram is Rs 1,005 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed in recent years?

Since 2017, the guideline value has increased from Rs 670 per sq.ft to Rs 1,005 per sq.ft in 2024, marking an overall increase of 50%.

What is the stamp duty rate for properties in Sadras Salai Thirukkalukundram?

The stamp duty rate for properties in Sadras Salai Thirukkalukundram is 7% of the guideline value or sale price, whichever is higher.

Where can I find the registration office for Sadras Salai Thirukkalukundram?

The registration office for Sadras Salai Thirukkalukundram is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone.

How is the guideline value determined for properties in Thirukalukundrem A?

The guideline value is determined based on various factors, including land classification and revisions by the Registration Department, which are periodically updated to reflect changes in the area.