Guideline Value for THOLKOPPIYAR STREET (N)

Tholkoppiyar Street (N) guideline value

The current guideline value of Tholkoppiyar Street (N) 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, classified as Residential Special Type - V.

How the guideline value of Tholkoppiyar Street (N) has changed

The guideline value for Tholkoppiyar Street (N) has undergone several revisions over the years. The 2012 revision set the value at Rs 1,200 per sq.ft, which was then reduced to Rs 804 per sq.ft in the 2017 revision. Following this, the value increased to Rs 1,200 per sq.ft in 2023, and finally, it rose to Rs 1,320 per sq.ft in the 2024 revision. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, it saw a significant increase of 49%. The latest revision from 2023 to 2024 reflects a 10% increase, resulting in an overall change of +10% from 2012 to 2024.

Guideline values in Kattankollatur

Kattankollatur village has a total of 453 streets under the Chengleput Joint II SRO, with guideline values in 2024 ranging from Rs 440 to Rs 3,612 per sq.ft. The median guideline value for these streets is Rs 1,100 per sq.ft, making the 2024 figure for Tholkoppiyar Street (N) above that median.

• Thondaiman Street (Ward -5): Rs 1,320 per sq.ft (2024)
• Thiyagarajar Street (Ward -7): Rs 1,320 per sq.ft (2024)
• Thriuvalluvar Street (Village Colony) (Kr): Rs 440 per sq.ft (2024)
• Thiru. V.K. Street (Ward -8): Rs 1,320 per sq.ft (2024)
• Thulukkanathamman Koil Street (Ward -18): Rs 660 per sq.ft (2024)
• Thiruvasagar Street (Ward -8): Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in Tholkoppiyar Street (N)

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

For more information on calculating your fees, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Tholkoppiyar Street (N)?

The Sub Registrar Office that covers Tholkoppiyar Street (N) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions in Kattankollatur, as it determines the minimum value at which a property can be registered. This value is used to calculate stamp duty and registration fees, which are mandatory costs associated with property transfers.

When buying or selling property, it is essential to be aware of the guideline value to ensure compliance with local regulations and to accurately estimate the costs involved in the transaction.

Frequently asked questions

What is the current guideline value of Tholkoppiyar Street (N)?

The current guideline value of Tholkoppiyar Street (N) 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 2012 to Rs 804 per sq.ft in 2017, then to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,320 per sq.ft in 2024.

What are the stamp duty and registration fees for a property in Tholkoppiyar Street (N)?

For a 1,000 sq.ft property, the total guideline value is Rs 13,20,000, with a stamp duty of Rs 92,400 and a registration fee of Rs 26,400, totaling Rs 1,18,800.

Which Sub Registrar Office covers Tholkoppiyar Street (N)?

The Chengleput Joint II Sub Registrar Office covers Tholkoppiyar Street (N), located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

What is the land classification of Tholkoppiyar Street (N)?

Tholkoppiyar Street (N) is classified as Residential Special Type - V under the Chengleput Joint II SRO.