Guideline Value for Thanthoniamman Kovil Street

Thanthoniamman Kovil Street guideline value

The current guideline value of Thanthoniamman Kovil Street is Rs 100 per sq.ft. This street is located in Suramanikuppam village, under the Sunguvarchattram SRO, and is classified as Residential Class I Type - I.

How the guideline value of Thanthoniamman Kovil Street has changed

The guideline value for Thanthoniamman Kovil Street has seen several revisions over the years. The most recent revision in 2024 maintains the value at Rs 100 per sq.ft, which is the same as the 2023 revision. The 2017 revision recorded a value of Rs 67 per sq.ft, indicating a significant increase of 49% from 2017 to 2023. Prior to that, the 2012 revision also set the value at Rs 100 per sq.ft, showing a decrease of 33% from the 2017 figure.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, when comparing the values from 2012 to 2024, there has been no change, with the current value remaining at Rs 100 per sq.ft.

Guideline values in Suramanikuppam

In Suramanikuppam, there are four streets under the Sunguvarchattram SRO that carry a 2024 guideline value of Rs 100 per sq.ft. The median value for these streets is also Rs 100 per sq.ft, placing Thanthoniamman Kovil Street at this median value.

• Road Street: Rs 100 per sq.ft (2024)
• Perumal Kovil Street: Rs 100 per sq.ft (2024)
• Bajanai Kovil Street: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Thanthoniamman Kovil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, bringing the total fees to Rs 9,000. 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 fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thanthoniamman Kovil Street?

The Sub Registrar Office covering Thanthoniamman Kovil Street is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Suramanikuppam. It is used to determine the stamp duty and registration fees that must be paid during the transaction.

When a property is registered, the guideline value or the sale price is considered, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Thanthoniamman Kovil Street?

The current guideline value of Thanthoniamman Kovil Street is Rs 100 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has remained at Rs 100 per sq.ft from 2012 to 2024, with a notable increase of 49% from Rs 67 per sq.ft in 2017 to Rs 100 per sq.ft in 2023.

What are the other streets in Suramanikuppam with the same guideline value?

Other streets in Suramanikuppam that share the same guideline value of Rs 100 per sq.ft include Road Street, Perumal Kovil Street, and Bajanai Kovil Street.

Where can I find the Sub Registrar Office for Thanthoniamman Kovil Street?

The Sub Registrar Office for Thanthoniamman Kovil Street is located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.

How is the stamp duty calculated for properties on Thanthoniamman Kovil Street?

Stamp duty for properties on Thanthoniamman Kovil Street is calculated based on the higher of the guideline value or the sale price. For example, for a plot of 1,000 sq.ft, the stamp duty would be Rs 7,000 at the current guideline value.