Guideline Value for Sadras Soorappan Salai

Sadras Soorappan Salai guideline value

The current guideline value of Sadras Soorappan Salai is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Thirukalukundrem A village, under the Thirukazhukundram SRO, classified as Commercial Class I Type - III.

How the guideline value of Sadras Soorappan Salai has changed

Over the years, the guideline value of Sadras Soorappan Salai has seen several revisions. The most recent revisions show that the value has remained constant at Rs 1,100 per sq.ft for both 2023 and 2024. Prior to this, in the 2017 revision, the value was Rs 737 per sq.ft. There are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

When looking at the changes, there was a significant increase of 49% from the 2017 revision to the 2023 revision. Overall, from 2017 to 2024, the guideline value has also increased by 49%.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO 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 of Sadras Soorappan Salai is above this median.

• Sadras Salai Thirukkalukundram: Rs 1,005 per sq.ft (2024)
• Sadras Salai Mangalam: Rs 805 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 Soorappan Salai

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total charges to Rs 99,000. It is important to note that 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 Sadras Soorappan Salai?

The Sub Registrar Office that covers Sadras Soorappan Salai is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor when registering a property in Thirukalukundrem A. It determines the minimum value at which a property can be registered, ensuring that the property is not undervalued during the transaction.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Sadras Soorappan Salai?

The current guideline value of Sadras Soorappan Salai is Rs 1,100 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

From the 2017 revision to the 2023 revision, the guideline value increased by 49%. The value has remained constant at Rs 1,100 per sq.ft for both 2023 and 2024.

What is the land classification for Sadras Soorappan Salai?

Sadras Soorappan Salai is classified as Commercial Class I Type - III, indicating its suitability for commercial activities.

What are the guideline values of other streets in Thirukalukundrem A?

Other streets in Thirukalukundrem A have varying guideline values, with rates ranging from Rs 300 to Rs 1,344 per sq.ft. The median value for these streets is Rs 600 per sq.ft.

Where can I find the Sub Registrar Office for Sadras Soorappan Salai?

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