Guideline Value for Thiruvalluvar Veedhi

Thiruvalluvar Veedhi guideline value

The current guideline value of Thiruvalluvar Veedhi is Rs 600 per sq.ft, effective from 1 July 2024. This street is located in Thirukalukundrem A village under the Thirukazhukundram SRO, classified as Residential Class I Type - III.

How the guideline value of Thiruvalluvar Veedhi has changed

The guideline value for Thiruvalluvar Veedhi has undergone several revisions over the years. The earliest recorded figure in the register is from 2017, which was Rs 402 per sq.ft. Following this, the value increased to Rs 600 per sq.ft in both the 2023 and 2024 revisions, marking a significant increase of 49% from 2017 to 2023, and the same percentage from 2017 to 2024.

Notably, there are no recorded figures for the years 2002, 2003, 2007, and 2012 in the register for this street. The 2024 revision shows no change from the 2023 revision, maintaining the guideline value at Rs 600 per sq.ft.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO that carry a 2024 guideline value, ranging from Rs 300 to Rs 1,344 per sq.ft. The median value for these streets is Rs 600 per sq.ft, which is the same as the guideline value for Thiruvalluvar Veedhi. Below are other streets in Thirukalukundrem A:

• Thiru.Vi.ka Street: Rs 600 per sq.ft (2024)
• Thiruvalluvar Nagar 5th Street: Rs 600 per sq.ft (2024)
• Thiruvalluvar Nagar 3th Street: Rs 600 per sq.ft (2024)
• Thiruvalluvar Nagar 2th Street: Rs 600 per sq.ft (2024)
• Thiruvalluvar Nagar 1th Street: Rs 600 per sq.ft (2024)
• Thiruvalluvar Nagar: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Thiruvalluvar Veedhi

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total cost for these fees to Rs 54,000. 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 precise calculations.

Which Sub Registrar Office covers Thiruvalluvar Veedhi?

The Thirukazhukundram Sub Registrar Office covers Thiruvalluvar Veedhi. The address is Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thirukalukundrem A. It serves as a benchmark for determining the stamp duty and registration fees payable during the transaction.

Frequently asked questions

What is the current guideline value of Thiruvalluvar Veedhi?

The current guideline value of Thiruvalluvar Veedhi is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 402 per sq.ft in 2017 to Rs 600 per sq.ft in both 2023 and 2024, reflecting a 49% increase over this period.

Are there any years without recorded figures for Thiruvalluvar Veedhi?

Yes, the register has no figures for Thiruvalluvar Veedhi for the years 2002, 2003, 2007, and 2012.

What is the land classification for Thiruvalluvar Veedhi?

Thiruvalluvar Veedhi is classified as Residential Class I Type - III.

Where can I find more information about stamp duty and registration fees?

For more information about stamp duty and registration fees, you can use the stamp duty and registration fee calculator available on our site.