Guideline Value for TIRUVALLUVAR STREET

Tiruvalluvar Street guideline value

The current guideline value of Tiruvalluvar Street in Kolapakkam village is Rs 1,000 per sq.ft, as per the 2023 revision. This street falls under the jurisdiction of the Gooduvancheri SRO and is classified as Commercial Class I Type - II.

How the guideline value of Tiruvalluvar Street has changed

The guideline value for Tiruvalluvar Street has undergone several revisions over the years. In the 2012 revision, the guideline value was set at Rs 1,000 per sq.ft. However, in the 2017 revision, it decreased to Rs 670 per sq.ft, representing a decline of 33%. The most recent revision in 2023 saw the guideline value rise to Rs 1,000 per sq.ft again, marking an increase of 49% from the 2017 figure.

When looking at the overall changes from 2012 to 2023, the guideline value remains unchanged at Rs 1,000 per sq.ft. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Kolapakkam

Currently, there are no specific village figures provided for Kolapakkam. Tiruvalluvar Street's guideline value stands at Rs 1,000 per sq.ft. There are no other streets in Kolapakkam listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Tiruvalluvar Street

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total to Rs 90,000. It is essential to note that the 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 Tiruvalluvar Street?

The Sub Registrar Office that covers Tiruvalluvar Street is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri - 603202, Chengalpattu registration zone. For more information, you can find your SRO.

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

The guideline value is a crucial factor when registering a property in Kolapakkam. It determines the minimum value at which the property can be registered, ensuring that the stamp duty and registration fees are accurately calculated based on this value.

When buying or selling a property, the guideline value helps in establishing a baseline for the transaction. Buyers and sellers must be aware of the guideline value to ensure compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of Tiruvalluvar Street?

The current guideline value of Tiruvalluvar Street is Rs 1,000 per sq.ft, according to the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Tiruvalluvar Street changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, a decrease of 33%. It then increased back to Rs 1,000 per sq.ft in the 2023 revision, resulting in an overall change of 0% from 2012 to 2023.

What are the stamp duty and registration fees for properties on Tiruvalluvar Street?

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total stamp duty and registration fees would amount to Rs 90,000, which includes Rs 70,000 for stamp duty and Rs 20,000 for registration fees.

Which office handles the registration for Tiruvalluvar Street?

The Gooduvancheri Sub Registrar Office is responsible for handling registrations for Tiruvalluvar Street. It is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri - 603202, Chengalpattu registration zone.

Are there any other streets in Kolapakkam with guideline values?

Currently, there are no other streets in Kolapakkam listed under the Gooduvancheri SRO. The only guideline value available is for Tiruvalluvar Street, which is Rs 1,000 per sq.ft.