Guideline Value for Sengundha Pillaiyar Koil Strreet

Sengundha Pillaiyar Koil Strreet guideline value

The current guideline value of Sengundha Pillaiyar Koil Strreet is Rs 1,200 per sq.ft, effective from 1 July 2024. This street is located in Uthiramerur village, under the Uthiramerur SRO, and is classified as Residential Special Type - I.

How the guideline value of Sengundha Pillaiyar Koil Strreet has changed

Over the years, the guideline value of Sengundha Pillaiyar Koil Strreet has seen several revisions. The 2007 revision set the value at Rs 295 per sq.ft, which increased significantly to Rs 1,200 per sq.ft in the 2012 revision. However, this was followed by a decrease to Rs 804 per sq.ft in the 2017 revision. The 2023 and 2024 revisions maintained the value at Rs 1,200 per sq.ft, showing no change between these two years. The register has no figures for the years 2002 and 2003 for this street.

From the 2017 revision to the 2023 revision, there was a substantial increase of 49%. The jump from the 2007 revision to the 2012 revision represented a remarkable increase of 307%. Overall, from 2007 to 2024, the guideline value has increased by 307%.

Guideline values in Uthiramerur

In Uthiramerur, there are 180 streets under the Uthiramerur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 1,800 per sq.ft. The median value across these streets is Rs 800 per sq.ft, positioning Sengundha Pillaiyar Koil Strreet above this median.

• Sellammal Nagar: Rs 401 per sq.ft (2024)
• Saththani vaishthaival Street: Rs 1,000 per sq.ft (2024)
• Sathakkam Street: Rs 900 per sq.ft (2024)
• Sathakkam Melandai Street: Rs 900 per sq.ft (2024)
• Sathakkam Kizhandai Street: Rs 900 per sq.ft (2024)
• Sinna NarasamPettai Street: Rs 1,350 per sq.ft (2024)

Stamp duty and registration fee for property in Sengundha Pillaiyar Koil Strreet

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value amounts to Rs 12,00,000. The stamp duty at 7% would be Rs 84,000, and the registration fee at 2% would be Rs 24,000, bringing the total charges to Rs 1,08,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more details on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sengundha Pillaiyar Koil Strreet?

The Sengundha Pillaiyar Koil Strreet falls under the jurisdiction of the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Uthiramerur. It serves as a benchmark for calculating the stamp duty and registration fees that buyers must pay when purchasing property.

When a property is sold, the guideline value is considered to ensure that the transaction is registered at a fair value. This helps maintain transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Sengundha Pillaiyar Koil Strreet?

The current guideline value of Sengundha Pillaiyar Koil Strreet is Rs 1,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, with the most recent revision maintaining the value at Rs 1,200 per sq.ft since 2023. The value was Rs 804 per sq.ft in 2017, showing a 49% increase to the current value.

What are the stamp duty and registration fees for property in Sengundha Pillaiyar Koil Strreet?

The stamp duty is calculated at 7% of the guideline value, while the registration fee is 2%. For a 1,000 sq.ft plot, the total charges would be Rs 1,08,000.

Which Sub Registrar Office covers Sengundha Pillaiyar Koil Strreet?

The Uthiramerur Sub Registrar Office covers Sengundha Pillaiyar Koil Strreet, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.

What is the land classification of Sengundha Pillaiyar Koil Strreet?

Sengundha Pillaiyar Koil Strreet is classified as Residential Special Type - I, indicating its suitability for residential development.