Guideline Value for Santhaiyamman Koil Street

Santhaiyamman Koil Street guideline value

The current guideline value of Santhaiyamman Koil Street is Rs 400 per sq.ft, effective from 1 July 2024. This street is located in Vallam_B village and falls under the Sriperumpudur SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Santhaiyamman Koil Street has changed

The guideline value for Santhaiyamman Koil Street was last revised in 2024, where it is set at Rs 400 per sq.ft. The previous revision in 2023 also recorded the same value of Rs 400 per sq.ft. There are no figures available for this street in the revisions from the years 2002, 2003, 2007, 2012, and 2017.

Between the 2023 and 2024 revisions, there was no change, with a percentage change of +0%. This consistency indicates stability in the guideline value for this street over the past two years.

Guideline values in Vallam_B

In Vallam_B, there are 73 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 1,950 per sq.ft. The median value for these streets is Rs 400 per sq.ft, which is equal to the guideline value of Santhaiyamman Koil Street.

• Sannathi Street: Rs 600 per sq.ft (2024)
• Santhiyamman Koil 2nd Street: Rs 400 per sq.ft (2024)
• Samayapurathamman Nagar: Rs 200 per sq.ft (2024)
• Saravanapuri Nagar: Rs 150 per sq.ft (2024)
• Roja Nagar: Rs 400 per sq.ft (2024)
• Rayappar Street: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Santhaiyamman Koil Street

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 be Rs 28,000, and the registration fee at 2% would be Rs 8,000, totaling Rs 36,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can calculate your fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Santhaiyamman Koil Street?

The Sub Registrar Office that covers Santhaiyamman Koil Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Vallam_B, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices to ensure compliance with registration requirements.

At the time of registration, the stamp duty and registration fees are calculated based on the guideline value or the actual sale price, whichever is higher. 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 Santhaiyamman Koil Street?

The current guideline value of Santhaiyamman Koil Street is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Santhaiyamman Koil Street has remained at Rs 400 per sq.ft for the revisions in 2023 and 2024. There are no figures available for the revisions from the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Santhaiyamman Koil Street?

Santhaiyamman Koil Street is classified as Residential Class I Type - I. This classification impacts the guideline value and property usage in the area.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 4,00,000, the stamp duty would be Rs 28,000, and the registration fee would be Rs 8,000, totaling Rs 36,000. These fees are based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Santhaiyamman Koil Street?

The Sub Registrar Office for Santhaiyamman Koil Street is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. This office handles all property registrations for the area.