Guideline Value for THILLAIYADI VALLIYAMMAI STREET, KAKKANJI NAGAR

Thillaiyadi Valliyammai Street, Kakkanji Nagar guideline value

The current guideline value of Thillaiyadi Valliyammai Street, Kakkanji Nagar is Rs 800 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village and falls under the Avadi SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Thillaiyadi Valliyammai Street, Kakkanji Nagar has changed

The guideline value for Thillaiyadi Valliyammai Street has seen several revisions over the years. The earliest available figure is from 2012, where the value was Rs 800 per sq.ft. This was followed by a decrease to Rs 536 per sq.ft in 2017. However, from 2017 to 2023, the value increased by 49% back to Rs 800 per sq.ft. The latest revision in 2024 maintains this value at Rs 800 per sq.ft, 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, from 2012 to 2024, the guideline value has remained unchanged at Rs 800 per sq.ft.

Guideline values in Thandurai

In Thandurai village, there are 331 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft. The median guideline value in this area is Rs 988 per sq.ft, placing Thillaiyadi Valliyammai Street below this median.

• Thilagar Street: Rs 988 per sq.ft (2024)
• The P.T.M.S.Street(Ambedkar Nagar): Rs 988 per sq.ft (2024)
• Thendral Nagar: Rs 988 per sq.ft (2024)
• Thendral Avenue: Rs 800 per sq.ft (2024)
• Thanner Kinaru St: Rs 988 per sq.ft (2024)
• THIRUVALLUR to CHENNAI HIGH ROAD: Rs 2,640 per sq.ft (2024)

Stamp duty and registration fee for property in Thillaiyadi Valliyammai Street, Kakkanji Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value would be Rs 8,00,000. The stamp duty at 7% would amount to Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total to Rs 72,000. It is important to note that the 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 Thillaiyadi Valliyammai Street, Kakkanji Nagar?

The Sub Registrar Office that covers Thillaiyadi Valliyammai Street is the Avadi Sub Registrar Office. The address is Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thandurai. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that these fees reflect the property's worth as recognized by the government.

When a property is sold, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the transaction is recorded accurately and that the appropriate fees are collected by the authorities.

Frequently asked questions

What is the current guideline value for Thillaiyadi Valliyammai Street?

The current guideline value for Thillaiyadi Valliyammai Street, Kakkanji Nagar is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 536 per sq.ft in 2017, then back to Rs 800 per sq.ft in 2023 and 2024. There are no figures available for the years 2002, 2003, and 2007.

What is the median guideline value in Thandurai?

The median guideline value in Thandurai is Rs 988 per sq.ft, with Thillaiyadi Valliyammai Street's value being below this median.

What are the stamp duty rates for property transactions?

The stamp duty for property transactions is charged at 7% of the guideline value or sale price, whichever is higher. Additionally, a registration fee of 2% is applicable.

Where can I find the Sub Registrar Office for Thillaiyadi Valliyammai Street?

The Sub Registrar Office for Thillaiyadi Valliyammai Street is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.