Guideline Value for Sri Kalyana Srinivasaperumal koil street

Sri Kalyana Srinivasaperumal koil street guideline value

The current guideline value of Sri Kalyana Srinivasaperumal koil street is Rs 400 per sq.ft, effective from 1 July 2024. This street is located in Maakaanyam village, under the Sriperumpudur SRO, and is classified as Mixed Type - III land.

How the guideline value of Sri Kalyana Srinivasaperumal koil street has changed

The guideline value for Sri Kalyana Srinivasaperumal koil street has seen several revisions over the years. The 2012 revision set the value at Rs 400 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 268 per sq.ft. However, from 2017 to 2023, the value increased significantly by 49%, bringing it back to Rs 400 per sq.ft. The 2024 revision maintains this value, showing no change from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, comparing the 2012 and 2024 revisions, the guideline value has remained stable at Rs 400 per sq.ft.

Guideline values in Maakaanyam

In Maakaanyam, there are 41 streets under the Sriperumpudur SRO with a 2024 guideline value ranging from Rs 100 to Rs 600 per sq.ft. The median value for these streets is Rs 250 per sq.ft, placing Sri Kalyana Srinivasaperumal koil street above this median.

• Sri Hari balaji nagar: Rs 300 per sq.ft (2024)
• Sri city: Rs 250 per sq.ft (2024)
• Sri Murugan City: Rs 300 per sq.ft (2024)
• Sri Nagar: Rs 200 per sq.ft (2024)
• Sri Balaji Nagar: Rs 300 per sq.ft (2024)
• Sri Padmanaba Samy Nagar: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Kalyana Srinivasaperumal koil street

For a 1,000 sq.ft plot at the current rate of Rs 400 per sq.ft, the guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, resulting in a total of Rs 36,000. It is important to note that 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 Sri Kalyana Srinivasaperumal koil street?

The Sri Kalyana Srinivasaperumal koil street is covered by 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 Maakaanyam

The guideline value is a crucial factor in the registration of property transactions in Maakaanyam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps in assessing the fair price of the property. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Sri Kalyana Srinivasaperumal koil street?

The current guideline value of Sri Kalyana Srinivasaperumal koil street is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 400 per sq.ft from 2012 to 2024, with a decrease to Rs 268 per sq.ft in 2017, followed by an increase back to Rs 400 per sq.ft in 2023.

What are the other guideline values in Maakaanyam?

In Maakaanyam, the guideline values range from Rs 100 to Rs 600 per sq.ft, with a median of Rs 250 per sq.ft. Sri Kalyana Srinivasaperumal koil street is above this median.

What is the stamp duty for property in Sri Kalyana Srinivasaperumal koil street?

The stamp duty for property in Sri Kalyana Srinivasaperumal koil street is 7% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the stamp duty would be Rs 28,000.

Which office handles registrations for Sri Kalyana Srinivasaperumal koil street?

The registrations for Sri Kalyana Srinivasaperumal koil street are handled by the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.