Guideline Value for Theruvadhiyamman Koil 4th Cross street

Theruvadhiyamman Koil 4th Cross street guideline value

The current guideline value of Theruvadhiyamman Koil 4th Cross street is Rs 2,090 per sq.ft, effective from 1 July 2024. This street is located in Noombal village under the Kunrathur SRO, and the land classification is Residential Special Type - I.

How the guideline value of Theruvadhiyamman Koil 4th Cross street has changed

The guideline value for Theruvadhiyamman Koil 4th Cross street has seen several revisions over the years. The earliest recorded revision was in 2017, where the guideline value was Rs 1,273 per sq.ft. This figure increased significantly to Rs 1,900 per sq.ft in 2023, marking a change of 49%. The most recent revision in 2024 set the value at Rs 2,090 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 64%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Noombal

Noombal village has a total of 164 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 6,500 per sq.ft. The median guideline value for the village is Rs 2,090 per sq.ft, which is the same as the current value for Theruvadhiyamman Koil 4th Cross street.

• Theruvadhiyamman Koil 3rd Cross street: Rs 2,090 per sq.ft (2024)
• Theruvadhiyamman Koil Ist Cross street: Rs 2,090 per sq.ft (2024)
• Theruvadhiyamman Koil 2nd Cross Street: Rs 2,090 per sq.ft (2024)
• Theruvadhiyamman Koil Street: Rs 2,090 per sq.ft (2024)
• Thiruverkadu Co-op Nagar Phase I: Rs 2,420 per sq.ft (2024)
• Thiruverkadu Co-op Nagar Phase II: Rs 2,420 per sq.ft (2024)

Stamp duty and registration fee for property in Theruvadhiyamman Koil 4th Cross street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,090 per sq.ft, the total guideline value would be Rs 20,90,000. The stamp duty at 7% would amount to Rs 1,46,300, and the registration fee at 2% would be Rs 41,800, bringing the total to Rs 1,88,100. It is important to note that the stamp duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Theruvadhiyamman Koil 4th Cross street?

The Sub Registrar Office that covers Theruvadhiyamman Koil 4th Cross street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Noombal. When a property is sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that the transaction is recorded accurately according to the state's regulations.

Buyers and sellers should be aware that the guideline value is a benchmark for property transactions. It is essential to consider this value when negotiating sale prices, as the stamp duty is charged on the higher of the guideline value or the sale price.

Frequently asked questions

What is the current guideline value of Theruvadhiyamman Koil 4th Cross street?

The current guideline value of Theruvadhiyamman Koil 4th Cross street is Rs 2,090 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,273 per sq.ft in 2017 to Rs 2,090 per sq.ft in 2024, marking an overall increase of 64% over this period.

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

Other streets in Noombal that share the same guideline value of Rs 2,090 per sq.ft include Theruvadhiyamman Koil 3rd Cross street, Theruvadhiyamman Koil Ist Cross street, Theruvadhiyamman Koil 2nd Cross Street, and Theruvadhiyamman Koil Street.

What is the registration office for Theruvadhiyamman Koil 4th Cross street?

The registration office for Theruvadhiyamman Koil 4th Cross street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is the stamp duty calculated for property transactions in Noombal?

Stamp duty for property transactions in Noombal is calculated based on the higher of the guideline value or the sale price. The current rate is 7% for stamp duty and 2% for the registration fee.