Guideline Value for Siruthondar St

Siruthondar St guideline value

The current guideline value of Siruthondar St in Ammayarkuppam village is Rs 260 per sq.ft, effective from 1 July 2024. This street falls under the Ramakrishna Rajupettai SRO and is classified as Residential Class I Type - I.

How the guideline value of Siruthondar St has changed

The guideline value for Siruthondar St has seen various revisions over the years. The earliest recorded figure is from 2007, where the value was Rs 100 per sq.ft. This increased significantly to Rs 260 per sq.ft in 2012, then decreased to Rs 174 per sq.ft in 2017. The 2023 revision maintained the value at Rs 260 per sq.ft, which remains unchanged in the 2024 revision.

Overall, from 2007 to 2024, the guideline value has increased by 160%. Notably, there are no figures available for the years 2002 and 2003 for this street in the register.

Guideline values in Ammayarkuppam

Ammayarkuppam has 43 streets under the Ramakrishna Rajupettai SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 260 per sq.ft. The median value is Rs 260 per sq.ft, placing Siruthondar St at this median level.

• Sornamabigai Koil St: Rs 241 per sq.ft (2024)
• Seshappa St: Rs 260 per sq.ft (2024)
• Sri Balaji Nagar: Rs 260 per sq.ft (2024)
• Selva Vinayagar Koil St: Rs 260 per sq.ft (2024)
• Saravanan St: Rs 260 per sq.ft (2024)
• Santhan street: Rs 260 per sq.ft (2024)

Stamp duty and registration fee for property in Siruthondar St

For a 1,000 sq.ft plot at the current guideline value of Rs 260 per sq.ft, the total guideline value amounts to Rs 2,60,000. The stamp duty at 7% would be Rs 18,200, and the registration fee at 2% would be Rs 5,200, bringing the total cost for these fees to Rs 23,400. Note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Siruthondar St?

The Sub Registrar Office that covers Siruthondar St is the Ramakrishna Rajupettai Sub Registrar Office, located at Pallipattu Road, Rk Pettai 631 303. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Ammayarkuppam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on the established value of the property.

When a property is registered, the guideline value helps determine the official value of the property for taxation purposes. Buyers and sellers should be aware of this value as it directly impacts the financial aspects of their transactions.

Frequently asked questions

What is the current guideline value of Siruthondar St?

The current guideline value of Siruthondar St is Rs 260 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 100 per sq.ft in 2007 to Rs 260 per sq.ft in 2012, then decreased to Rs 174 per sq.ft in 2017, and returned to Rs 260 per sq.ft in both 2023 and 2024.

What is the median guideline value in Ammayarkuppam?

The median guideline value in Ammayarkuppam is Rs 260 per sq.ft, which is the same as the current value for Siruthondar St.

What are the stamp duty and registration fees for properties in Siruthondar St?

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 23,400.

Where can I find the Sub Registrar Office for Siruthondar St?

The Ramakrishna Rajupettai Sub Registrar Office covers Siruthondar St, located at Pallipattu Road, Rk Pettai 631 303.