Guideline Value for Sivan Koil Street

Sivan Koil Street guideline value

The current guideline value of Sivan Koil Street is Rs 300 per sq.ft, effective from 1 July 2024. This street is located in Vadakal_C village, under the Sriperumpudur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Sivan Koil Street has changed

In the 2017 revision, the guideline value for Sivan Koil Street was Rs 201 per sq.ft. This remained unchanged in the 2023 revision, which also recorded the value at Rs 300 per sq.ft. The most recent revision in 2024 has kept the guideline value at Rs 300 per sq.ft, reflecting a 0% change from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 49%.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for Sivan Koil Street. This lack of data means that the only available revisions for this street are from 2017, 2023, and 2024.

Guideline values in Vadakal_C

In Vadakal_C, there are 61 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 1,500 per sq.ft. The median guideline value for these streets is Rs 400 per sq.ft, placing Sivan Koil Street's 2024 figure below this median.

• S&P Elegance: Rs 205 per sq.ft (2024)
• Sri Aurobindo Nagar Part - II: Rs 150 per sq.ft (2024)
• Sri Aurobindo Vasantham Nature City: Rs 200 per sq.ft (2024)
• Sri Baba Nagar Phase-IV: Rs 600 per sq.ft (2024)
• Sri Baba Nagar ph.III: Rs 550 per sq.ft (2024)
• Sri Dhanushkodi Garden: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Sivan Koil Street

For a 1,000 sq.ft plot at the current rate of Rs 300 per sq.ft, the guideline value would be Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, totaling Rs 27,000. It is important to note that the 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 Sivan Koil Street?

The Sub Registrar Office that covers Sivan Koil 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 Vadakal_C

The guideline value plays a crucial role when buying or selling property in Vadakal_C. It is used to determine the stamp duty and registration fees that must be paid during the registration process. Buyers and sellers should be aware that the guideline value is set by the Registration Department and is updated periodically.

When a property transaction occurs, the guideline value is compared to the sale price. The higher of the two values is used to calculate the applicable duties and fees, ensuring that the correct amount is paid to the government during the registration process.

Frequently asked questions

What is the current guideline value of Sivan Koil Street?

The current guideline value of Sivan Koil Street is Rs 300 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value of Sivan Koil Street has increased by 49%, from Rs 201 per sq.ft to Rs 300 per sq.ft.

Are there any revisions with no figures for Sivan Koil Street?

Yes, the revisions for the years 2002, 2003, 2007, and 2012 have no figures available for Sivan Koil Street in the register.

What is the median guideline value in Vadakal_C?

The median guideline value for streets in Vadakal_C is Rs 400 per sq.ft, which is higher than the current value of Sivan Koil Street.

Where is the Sub Registrar Office for Sivan Koil Street located?

The Sub Registrar Office for Sivan Koil Street is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.