Guideline Value for Thiruvalluvarpuram amman Koil St

Thiruvalluvarpuram amman Koil St guideline value

The current guideline value of Thiruvalluvarpuram amman Koil St is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Irumpuliyur village, under the Tambaram Joint 1 SRO, classified as Residential Special Type - II.

How the guideline value of Thiruvalluvarpuram amman Koil St has changed

The guideline value for Thiruvalluvarpuram amman Koil St has seen several revisions over the years. In 2007, the guideline value was Rs 600 per sq.ft, which increased significantly to Rs 2,000 per sq.ft in 2012, marking a rise of 233%. However, it then decreased to Rs 1,340 per sq.ft in 2017, a drop of 33%. The value rose again to Rs 2,000 per sq.ft in 2023, and most recently, it has increased to Rs 2,200 per sq.ft in 2024, reflecting a 10% increase from the previous year.

From 2017 to 2023, the increase was substantial at 49%. Overall, from the 2007 revision to the current 2024 figure, there has been a remarkable increase of 267%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Irumpuliyur

In Irumpuliyur, there are 218 streets under the Tambaram Joint 1 SRO with a 2024 guideline value ranging from Rs 880 to Rs 6,600 per sq.ft. The median value is Rs 2,200 per sq.ft, which is the same as the guideline value for Thiruvalluvarpuram amman Koil St.

• Thiruvalluvarpuram 2-nd St: Rs 2,200 per sq.ft (2024)
• Thiruvalluvarpuram 2-nd Cross St: Rs 2,200 per sq.ft (2024)
• Thiruvalluvarpuram Main Road: Rs 2,200 per sq.ft (2024)
• Thiruvalluvarpuram 1-st St: Rs 2,200 per sq.ft (2024)
• Thiruvalluvar Street: Rs 1,650 per sq.ft (2024)
• T.T.K. Nagar 1st Cross Street: Rs 2,530 per sq.ft (2024)

Stamp duty and registration fee for property in Thiruvalluvarpuram amman Koil St

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, totaling Rs 1,98,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thiruvalluvarpuram amman Koil St?

The Thiruvalluvarpuram amman Koil St is covered by the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor during the registration of property transactions in Irumpuliyur. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that all transactions adhere to the set values by the registration department.

When buying or selling property, the guideline value helps in determining the minimum price at which the property can be registered. This ensures transparency and compliance with legal requirements during the sale process.

Frequently asked questions

What is the current guideline value of Thiruvalluvarpuram amman Koil St?

The current guideline value of Thiruvalluvarpuram amman Koil St is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2007 to Rs 2,200 per sq.ft in 2024, showing an overall increase of 267% over the years.

What is the land classification of Thiruvalluvarpuram amman Koil St?

Thiruvalluvarpuram amman Koil St is classified as Residential Special Type - II.

What are the stamp duty and registration fees for properties here?

For a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000 and the registration fee would be Rs 44,000, totaling Rs 1,98,000.

Which office handles the registration for Thiruvalluvarpuram amman Koil St?

The registration for Thiruvalluvarpuram amman Koil St is handled by the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.