Guideline Value for Thalanguppam Road/Street

Thalanguppam Road/Street guideline value

The current guideline value of Thalanguppam Road/Street is Rs 1,001 per sq.ft, effective from 1 July 2024. This street is located in Kathivakkam village and falls under the Thiruvottiyur SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Thalanguppam Road/Street has changed

Over the years, the guideline value of Thalanguppam Road/Street has seen several revisions. The earliest recorded revision is from 2007, where the guideline value was Rs 200 per sq.ft. This increased to Rs 800 per sq.ft in 2012, marking a significant rise of 300%. However, in 2017, the value decreased to Rs 536 per sq.ft, a drop of 33%. The guideline value then increased to Rs 1,000 per sq.ft in 2023, and it remained unchanged in the 2024 revision at Rs 1,001 per sq.ft.

In summary, from 2007 to 2024, the overall change in the guideline value is an increase of 401%. The revisions for the years 2002 and 2003 have no recorded figures for this street.

Guideline values in Kathivakkam

In Kathivakkam, there are 47 streets under the Thiruvottiyur SRO that have a 2024 guideline value ranging from Rs 1,000 to Rs 1,600 per sq.ft. The median guideline value for these streets is Rs 1,001 per sq.ft, which is equal to the guideline value of Thalanguppam Road/Street.

• Thadavakara kuppam: Rs 1,000 per sq.ft (2024)
• S.V.M. nagar /All Streets: Rs 1,100 per sq.ft (2024)
• Thilagar Nagar /Streets: Rs 1,001 per sq.ft (2024)
• Thiruvalluvar Nagar / Street/Cross Streets: Rs 1,100 per sq.ft (2024)
• Sri Ram Koil Street: Rs 1,000 per sq.ft (2024)
• Ulaganathanpuram: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Thalanguppam Road/Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value would be Rs 10,01,000. The stamp duty at 7% would be Rs 70,070, and the registration fee at 2% would be Rs 20,020, making the total cost Rs 90,090. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Thalanguppam Road/Street?

The Sub Registrar Office that covers Thalanguppam Road/Street is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. For more information, you can find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Kathivakkam. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that these costs are calculated fairly based on the established rates.

Frequently asked questions

What is the current guideline value of Thalanguppam Road/Street?

The current guideline value of Thalanguppam Road/Street is Rs 1,001 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2007 to Rs 1,001 per sq.ft in 2024, reflecting an overall increase of 401% over the years.

What are the other streets in Kathivakkam and their guideline values?

Other streets in Kathivakkam include Thadavakara kuppam at Rs 1,000 per sq.ft, S.V.M. nagar at Rs 1,100 per sq.ft, and Thilagar Nagar at Rs 1,001 per sq.ft, among others.

What fees are associated with buying property in Thalanguppam Road/Street?

The fees associated with buying property include a stamp duty of 7% and a registration fee of 2%, calculated based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Thalanguppam Road/Street?

The Sub Registrar Office for Thalanguppam Road/Street is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.