Guideline Value for Theruvadhiyamman Koil Ist Cross street

Theruvadhiyamman Koil Ist Cross street guideline value

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

How the guideline value of Theruvadhiyamman Koil Ist Cross street has changed

Over the years, the guideline value for Theruvadhiyamman Koil Ist Cross street has seen significant increases. The 2017 revision set the value at Rs 1,273 per sq.ft. This was followed by a substantial rise to Rs 1,900 per sq.ft in the 2023 revision, marking an increase of 49%. The latest revision in 2024 has further raised the value to Rs 2,090 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Noombal

Noombal village has a total of 164 streets under the Kunrathur SRO, with guideline values ranging from Rs 1,100 to Rs 6,500 per sq.ft. The median guideline value for these streets is Rs 2,090 per sq.ft, which is equal to the current value of Theruvadhiyamman Koil Ist Cross street.

• Theruvadhiyamman Koil 4th Cross street: Rs 2,090 per sq.ft (2024)
• Theruvadhiyamman Koil Street: Rs 2,090 per sq.ft (2024)
• Theruvadhiyamman Koil 3rd Cross street: Rs 2,090 per sq.ft (2024)
• Theruvadhiyamman Koil 2nd Cross 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 Ist 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 duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Theruvadhiyamman Koil Ist Cross street?

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

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

The guideline value is a critical factor in the registration of property transactions in Noombal. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that the transaction is legally documented and taxed appropriately.

Frequently asked questions

What is the current guideline value for Theruvadhiyamman Koil Ist Cross street?

The current guideline value for Theruvadhiyamman Koil Ist 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, representing a total increase of 64% over this period.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 20,90,000, the stamp duty would be Rs 1,46,300 and the registration fee would be Rs 41,800, totaling Rs 1,88,100.

Which office handles property registrations for Theruvadhiyamman Koil Ist Cross street?

The Kunrathur Sub Registrar Office handles property registrations for Theruvadhiyamman Koil Ist Cross street, located at No.59, Road Street, Kundrathur, Chennai -600 069.

What is the land classification for Theruvadhiyamman Koil Ist Cross street?

Theruvadhiyamman Koil Ist Cross street is classified as Residential Special Type - I, indicating its suitability for residential development.