Guideline Value for Sundharavaradhaja Perumal Sannadhi Street

Sundharavaradhaja Perumal Sannadhi Street guideline value

The current guideline value of Sundharavaradhaja Perumal Sannadhi Street is Rs 1,500 per sq.ft, effective from 1 July 2024. This street is located in Uthiramerur village, under the Uthiramerur SRO, and is classified as Commercial Class I Type - I.

How the guideline value of Sundharavaradhaja Perumal Sannadhi Street has changed

Over the years, the guideline value of Sundharavaradhaja Perumal Sannadhi Street has seen significant changes. In the 2007 revision, the value was Rs 295 per sq.ft, which increased to Rs 800 per sq.ft in 2012. However, it then decreased by 33% to Rs 536 per sq.ft in the 2017 revision. The value remained unchanged at Rs 1,500 per sq.ft in both the 2023 and 2024 revisions.

From 2017 to 2023, the guideline value increased by 180%, and from 2007 to 2024, it has risen by 408%. The register has no figures for the years 2002 and 2003 for this street.

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, with a median value of Rs 800 per sq.ft. Sundharavaradhaja Perumal Sannadhi Street's 2024 value is above this median.

• Sunnambukkara Street: Rs 1,000 per sq.ft (2024)
• S.V.Nagar: Rs 900 per sq.ft (2024)
• Subiramaniya swami sannadhi street: Rs 1,200 per sq.ft (2024)
• Thalaiyari Street: Rs 700 per sq.ft (2024)
• Thandavaraya chetty Street: Rs 1,500 per sq.ft (2024)
• Thandukkara Street: Rs 1,500 per sq.ft (2024)

Stamp duty and registration fee for property in Sundharavaradhaja Perumal Sannadhi Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,500 per sq.ft, the total guideline value would be Rs 15,00,000. The stamp duty at 7% would amount to Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, bringing the total to Rs 1,35,000. Duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sundharavaradhaja Perumal Sannadhi Street?

The Sub Registrar Office that covers Sundharavaradhaja Perumal Sannadhi Street is 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 details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Uthiramerur. It is used to determine the stamp duty and registration fees applicable to the transaction, ensuring that these costs are calculated based on the established rates for the specific area.

When a property is registered, the guideline value is assessed to ensure compliance with the legal requirements. Buyers and sellers should be aware of the guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Sundharavaradhaja Perumal Sannadhi Street?

The current guideline value of Sundharavaradhaja Perumal Sannadhi Street is Rs 1,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 295 per sq.ft in 2007 to Rs 1,500 per sq.ft in 2024, marking an overall increase of 408% over this period.

What is the median guideline value in Uthiramerur?

The median guideline value in Uthiramerur is Rs 800 per sq.ft, with Sundharavaradhaja Perumal Sannadhi Street's 2024 value being above this median.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 15,00,000, the stamp duty would be Rs 1,05,000 and the registration fee would be Rs 30,000, totaling Rs 1,35,000.

Which office handles the registration in Uthiramerur?

The Uthiramerur Sub Registrar Office handles the registration for properties in Uthiramerur, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.