Guideline Value for Sasthiru Street

Sasthiru Street guideline value

The current guideline value of Sasthiru Street is Rs 600 per sq.ft, effective from 1 July 2024. This street is located in Thirukalukundrem A village, under the Thirukazhukundram SRO, classified as Residential Class I Type - III.

How the guideline value of Sasthiru Street has changed

In the 2017 revision, the guideline value for Sasthiru Street was Rs 402 per sq.ft. This figure remained unchanged in the 2023 revision, which also listed the value at Rs 600 per sq.ft. The most recent revision in 2024 has kept the guideline value at Rs 600 per sq.ft, showing no change from the previous year.

Overall, from the 2017 revision to the 2024 revision, there has been a 49% increase in the guideline value. Notably, there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

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. The median value is Rs 600 per sq.ft, which is equal to the guideline value of Sasthiru Street.

• Sayakkara Street: Rs 600 per sq.ft (2024)
• Sannathi Street: Rs 1,250 per sq.ft (2024)
• Selliamman Koil Street: Rs 700 per sq.ft (2024)
• Sangumettu Street: Rs 300 per sq.ft (2024)
• Sangukulam West Street: Rs 600 per sq.ft (2024)
• Sangukulam Street: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Sasthiru Street

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value would be Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, making the total fees Rs 54,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sasthiru Street?

The Sub Registrar Office that covers Sasthiru Street 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 plays a crucial role during the registration process of property transactions in Thirukalukundrem A. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is sold, the guideline value is considered to ensure that the transaction is registered at a value that reflects the government's assessment. This helps in maintaining transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value of Sasthiru Street?

The current guideline value of Sasthiru Street is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

From the 2017 revision to the 2024 revision, the guideline value has increased by 49%. The value remained unchanged from 2023 to 2024.

What is the land classification for Sasthiru Street?

Sasthiru Street is classified as Residential Class I Type - III under the Thirukazhukundram SRO.

What are the fees associated with buying property in Sasthiru Street?

The stamp duty is charged at 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, these fees would total Rs 54,000.

Where can I find the Sub Registrar Office for Sasthiru Street?

The Sub Registrar Office for Sasthiru Street is located at Thiruchengode - 637 211, under the Chengalpattu registration zone.