Guideline Value for Thirupur Kumaran Street

Thirupur Kumaran Street guideline value

The current guideline value of Thirupur Kumaran Street, located in Kodungaiyur village, is Rs 2,700 per sq.ft as per the 2024 revision, effective from 1 July 2024. This street falls under the Madhavaram SRO and is classified as Residential Class I Type - I.

How the guideline value of Thirupur Kumaran Street has changed

The guideline value for Thirupur Kumaran Street has undergone several revisions over the years. The 2017 revision set the value at Rs 1,675 per sq.ft. With the latest 2024 revision, the value increased to Rs 2,700 per sq.ft, marking a significant change of +61% from the previous figure.

There are no figures available for the revisions in the years 2023, 2012, 2007, 2003, and 2002 for this street. Therefore, the only revisions with recorded values are from 2017 and 2024.

Guideline values in Kodungaiyur

In Kodungaiyur, there are 1,318 streets under the Madhavaram SRO that carry a 2024 guideline value, ranging from Rs 1,900 to Rs 4,000 per sq.ft. The median value for these streets is Rs 2,700 per sq.ft, which is the same as the guideline value for Thirupur Kumaran Street.

• Thirupur Kumaran Street (Krishnamoorthy Nagar): Rs 2,700 per sq.ft (2024)
• Thirupur Kumaran 1st Street: Rs 2,700 per sq.ft (2024)
• Thiruvalluvar Nagar 10th Cross Street: Rs 2,700 per sq.ft (2024)
• Thiruvalluvar Nagar 10th Main Road: Rs 2,700 per sq.ft (2024)
• Thiruvalluvar Nagar 11th Cross Street: Rs 2,700 per sq.ft (2024)
• Thiruvalluvar Nagar 11th Main Road: Rs 2,700 per sq.ft (2024)

Stamp duty and registration fee for property in Thirupur Kumaran Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value amounts to Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total to Rs 2,43,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Thirupur Kumaran Street?

The Thirupur Kumaran Street is covered by the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. For more information, you can find your SRO.

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

The guideline value plays a crucial role in property transactions in Kodungaiyur. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property in the area. This ensures that the government receives the appropriate revenue from property transactions.

When registering a property, buyers and sellers must be aware that the guideline value is the basis for calculating the charges. Therefore, understanding the current guideline value for a specific street is essential for accurate financial planning during property transactions.

Frequently asked questions

What is the current guideline value of Thirupur Kumaran Street?

The current guideline value of Thirupur Kumaran Street is Rs 2,700 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since the last revision?

Since the last revision in 2017, the guideline value has increased by +61%, from Rs 1,675 per sq.ft to Rs 2,700 per sq.ft in 2024.

Are there any revisions without figures for Thirupur Kumaran Street?

Yes, the guideline value register has no figures for the years 2023, 2012, 2007, 2003, and 2002 for Thirupur Kumaran Street.

What is the land classification for Thirupur Kumaran Street?

Thirupur Kumaran Street is classified as Residential Class I Type - I.

Where can I find the Madhavaram Sub Registrar Office?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060.