Guideline Value for Santhiyamman Koil 2nd Street

Santhiyamman Koil 2nd Street guideline value

The current guideline value of Santhiyamman Koil 2nd Street is Rs 400 per sq.ft. 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 Santhiyamman Koil 2nd Street has changed

The guideline value for Santhiyamman Koil 2nd Street has remained consistent at Rs 400 per sq.ft since the 2023 revision, which also recorded the same figure. Prior to this, the guideline value register has no figure for this street in the years 2017, 2012, 2007, 2003, and 2002.

As per the 2024 revision, effective from 1 July 2024, the guideline value remains unchanged at Rs 400 per sq.ft, indicating a 0% change from the previous year. This consistency reflects stability in the valuation for this street.

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 is Rs 400 per sq.ft, which is equal to the guideline value of Santhiyamman Koil 2nd Street.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value amounts to 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, bringing the total fees to Rs 36,000. Stamp 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 Santhiyamman Koil 2nd Street?

The Sub Registrar Office that covers Santhiyamman Koil 2nd 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 during property transactions in Vallam_B, as it determines the minimum value at which a property can be registered. This value is used to calculate the applicable stamp duty and registration fees, ensuring compliance with the regulations set by the Registration Department.

When buying or selling property, it is essential to be aware of the guideline value as it impacts the financial aspects of the transaction. Buyers should ensure that the sale price meets or exceeds the guideline value to avoid any issues during registration.

Frequently asked questions

What is the current guideline value of Santhiyamman Koil 2nd Street?

The current guideline value of Santhiyamman Koil 2nd Street is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 400 per sq.ft since the 2023 revision. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Santhiyamman Koil 2nd Street?

Santhiyamman Koil 2nd Street is classified as Residential Class I Type - I, indicating its suitability for residential purposes.

Where is the Sub Registrar Office located?

The Sub Registrar Office covering Santhiyamman Koil 2nd Street is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

How is stamp duty calculated for properties in Vallam_B?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, if the guideline value is Rs 4,00,000, the stamp duty at 7% would be Rs 28,000.