Guideline Value for Singaperumal Sanathi Street

Singaperumal Sanathi Street guideline value

The current guideline value of Singaperumal Sanathi Street is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in the 2nd Division village under the Kanchipuram Joint IV SRO and is classified as Residential Class II Type - II.

How the guideline value of Singaperumal Sanathi Street has changed

Over the years, the guideline value of Singaperumal Sanathi Street has seen several revisions. The 2012 revision set the value at Rs 1,000 per sq.ft, which then changed to Rs 670 per sq.ft in the 2017 revision, marking a decrease of 33%. The 2023 revision brought the value back up to Rs 1,000 per sq.ft, and the most recent 2024 revision has increased it to Rs 1,100 per sq.ft, reflecting a 10% rise from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. From the 2012 to the 2024 revision, the overall change is an increase of 10%, from Rs 1,000 to Rs 1,100 per sq.ft.

Guideline values in 2nd Division

In the 2nd Division, there are 101 streets under the Kanchipuram Joint IV SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 11,000 per sq.ft, with a median value of Rs 1,650 per sq.ft. Singaperumal Sanathi Street's 2024 guideline value is below this median.

• Singaperumal Mada Veethi: Rs 2,750 per sq.ft (2024)
• Singaperumal Thendai Mada Veethi: Rs 1,100 per sq.ft (2024)
• Singaperumal Keelandai Mada Street: Rs 1,100 per sq.ft (2024)
• Singaperumal Vadakkum Mada Street: Rs 1,100 per sq.ft (2024)
• Sir Kamakoti Ambal Nagar: Rs 1,100 per sq.ft (2024)
• Sekkupet Vadaku Street: Rs 3,300 per sq.ft (2024)

Stamp duty and registration fee for property in Singaperumal Sanathi Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, making the total charges Rs 99,000. Note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Singaperumal Sanathi Street?

The Kanchipuram Joint IV Sub Registrar Office covers Singaperumal Sanathi Street. The office is located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone. You can find your SRO for additional information.

How the guideline value is used when you buy or sell in 2nd Division

The guideline value plays a crucial role in the registration process when buying or selling property in the 2nd Division. It is used to determine the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Singaperumal Sanathi Street?

The current guideline value of Singaperumal Sanathi Street is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What is the land classification for Singaperumal Sanathi Street?

Singaperumal Sanathi Street is classified as Residential Class II Type - II.

Where can I find information on stamp duty and registration fees?

You can find information on stamp duty and registration fees using the stamp duty and registration fee calculator.

Which office handles the registration for Singaperumal Sanathi Street?

The Kanchipuram Joint IV Sub Registrar Office handles the registration for Singaperumal Sanathi Street, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501.