Guideline Value for Throwpathi Amman Koil Street

Throwpathi Amman Koil Street guideline value

The current guideline value of Throwpathi Amman Koil Street is Rs 3,900 per sq.ft, effective from 1 July 2024. This street is located in Ullagaram village, under the jurisdiction of the Alandur SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Throwpathi Amman Koil Street has changed

The guideline value for Throwpathi Amman Koil Street has seen several revisions over the years. The earliest recorded revision is from 2012, where the guideline value was Rs 3,500 per sq.ft. This figure was then revised to Rs 2,345 per sq.ft in 2017, marking a decrease of 33%. Following this, the value increased to Rs 3,500 per sq.ft in 2023 and further to Rs 3,900 per sq.ft in 2024, which is an increase of 11% from the previous year.

There are no recorded figures for Throwpathi Amman Koil Street in the years 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has increased by 11%.

Guideline values in Ullagaram

In Ullagaram, there are 298 streets under the Alandur SRO that have a 2024 guideline value ranging from Rs 1,700 to Rs 5,500 per sq.ft, with a median value of Rs 2,800 per sq.ft. The guideline value for Throwpathi Amman Koil Street is above this median.

• Thomas Nagar Main Road: Rs 3,900 per sq.ft (2024)
• Thiruvalluvar Street: Rs 2,800 per sq.ft (2024)
• Ullagaram puzhudivakkam Joining Road: Rs 3,900 per sq.ft (2024)
• Union carbide Colony 1st Street: Rs 3,900 per sq.ft (2024)
• Union Carbide Colony 2nd Street: Rs 3,900 per sq.ft (2024)
• Union Carbide Colony 3rd Street: Rs 3,900 per sq.ft (2024)

Stamp duty and registration fee for property in Throwpathi Amman Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,900 per sq.ft, the total guideline value amounts to Rs 39,00,000. The stamp duty at 7% would be Rs 2,73,000, and the registration fee at 2% would be Rs 78,000, bringing the total to Rs 3,51,000. It is important to note that 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 Throwpathi Amman Koil Street?

The Sub Registrar Office that covers Throwpathi Amman Koil Street is the Alandur Sub Registrar Office, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061. You can find your SRO for more information.

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

The guideline value is an essential factor during the registration of property transactions in Ullagaram. It is used to determine the stamp duty and registration fees applicable when buying or selling property in the area.

When you register a property, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the transaction is recorded accurately and in compliance with local regulations.

Frequently asked questions

What is the current guideline value of Throwpathi Amman Koil Street?

The current guideline value of Throwpathi Amman Koil Street is Rs 3,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,500 per sq.ft in 2023 to Rs 3,900 per sq.ft in 2024, showing an increase of 11%. It was Rs 2,345 per sq.ft in 2017, and Rs 3,500 per sq.ft in 2012.

What is the land classification for Throwpathi Amman Koil Street?

The land classification for Throwpathi Amman Koil Street is Residential Class I Type - III.

Where can I calculate stamp duty and registration fees?

You can calculate stamp duty and registration fees using the stamp duty and registration fee calculator available online.

Which office handles registrations for Throwpathi Amman Koil Street?

The Alandur Sub Registrar Office handles registrations for Throwpathi Amman Koil Street, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061.