Guideline Value for THIRUMANAGAIALWAR STREET (WARD -5)

Thirumanagaialwar Street (Ward -5) guideline value

The current guideline value of Thirumanagaialwar Street (Ward -5) is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Kattankollatur village and falls under the Chengleput Joint II SRO. The land classification for this area is Residential Special Type - V.

How the guideline value of Thirumanagaialwar Street (Ward -5) has changed

The guideline value for Thirumanagaialwar Street (Ward -5) has seen several revisions over the years. The 2012 revision set the value at Rs 1,200 per sq.ft, which was a decrease of 33% from the 2017 revision that had the value at Rs 804 per sq.ft. The guideline value remained at Rs 1,200 per sq.ft until the 2023 revision, which increased it to Rs 1,200 per sq.ft. The most recent revision in 2024 raised the value to Rs 1,320 per sq.ft, reflecting a 10% increase from the previous year.

There are no available figures for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Kattankollatur

Kattankollatur village has a total of 453 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 440 to Rs 3,612 per sq.ft. The median guideline value in this village is Rs 1,100 per sq.ft, placing Thirumanagaialwar Street's 2024 figure above that median.

• Thirumoolar Street (Ward -7): Rs 1,320 per sq.ft (2024)
• Thirumurugan Nagar (Per): Rs 660 per sq.ft (2024)
• Thirunavukarasar Street (Ward -6): Rs 1,320 per sq.ft (2024)
• Thirupanalwar Street (Ward -18): Rs 1,320 per sq.ft (2024)
• Thirupavai Street (N): Rs 1,320 per sq.ft (2024)
• Thirupozai Street: Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in Thirumanagaialwar Street (Ward -5)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value would be Rs 13,20,000. The stamp duty at 7% would amount to Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total charges to Rs 1,18,800. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thirumanagaialwar Street (Ward -5)?

The Sub Registrar Office covering Thirumanagaialwar Street (Ward -5) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Kattankollatur. It serves as a reference point for determining the stamp duty and registration fees that need to be paid during the registration process.

Frequently asked questions

What is the current guideline value of Thirumanagaialwar Street (Ward -5)?

The current guideline value of Thirumanagaialwar Street (Ward -5) is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2023 to Rs 1,320 per sq.ft in 2024, reflecting a 10% increase. The value was Rs 804 per sq.ft in 2017 and Rs 1,200 per sq.ft in 2012, showing a significant change over the years.

What is the land classification for Thirumanagaialwar Street?

The land classification for Thirumanagaialwar Street (Ward -5) is Residential Special Type - V. This classification indicates the type of development that is permitted in the area.

What are the stamp duty and registration fees for property in Thirumanagaialwar Street?

The stamp duty is calculated at 7% of the guideline value, while the registration fee is 2%. For a 1,000 sq.ft plot, the total charges would be Rs 1,18,800.

Which Sub Registrar Office covers the area of Thirumanagaialwar Street?

The Chengleput Joint II Sub Registrar Office covers Thirumanagaialwar Street (Ward -5). The office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002.