Guideline Value for ULAVEETHI AMMAN KOIL STREET

Ulaveethi Amman Koil Street guideline value

The current guideline value of Ulaveethi Amman Koil Street is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in the Sholinganallur - 1 village under the Neelankarai SRO, classified as Residential Class V Type - I.

How the guideline value of Ulaveethi Amman Koil Street has changed

The guideline value register for Ulaveethi Amman Koil Street shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision, which is Rs 1,100 per sq.ft.

As per the latest revision in 2024, there have been no changes in the guideline value for this street compared to previous revisions. The register indicates that the only figure recorded is the current rate of Rs 1,100 per sq.ft.

Guideline values in Sholinganallur - 1

In Sholinganallur - 1, there are 754 streets under the Neelankarai SRO with guideline values ranging from Rs 1,000 to Rs 8,800 per sq.ft. The median guideline value is Rs 2,200 per sq.ft, placing Ulaveethi Amman Koil Street's 2024 figure below that median.

• Ulaveethi Amman Koil 2nd Street: Rs 1,100 per sq.ft (2024)
• Ulaveethi Amman Koil 1st Street: Rs 1,100 per sq.ft (2024)
• Uma Maheswari Avenue: Rs 2,200 per sq.ft (2024)
• Umapathi Lane: Rs 1,700 per sq.ft (2024)
• Uma Thottam: Rs 1,700 per sq.ft (2024)
• Uratchi Ondirya School Street 1st Cross Street Extension: Rs 1,700 per sq.ft (2024)

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Ulaveethi Amman Koil Street?

The Sub Registrar Office covering Ulaveethi Amman Koil Street is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. To find your SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Sholinganallur - 1

The guideline value is an essential factor during the registration of property transactions in Sholinganallur - 1. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, helping to maintain transparency and legality in property dealings.

Frequently asked questions

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

The current guideline value of Ulaveethi Amman Koil Street is Rs 1,100 per sq.ft, effective from 1 July 2024.

Has the guideline value changed recently?

The guideline value for Ulaveethi Amman Koil Street has not changed since the last revision in 2024, which is Rs 1,100 per sq.ft.

What is the classification of Ulaveethi Amman Koil Street?

Ulaveethi Amman Koil Street is classified as Residential Class V Type - I.

Where can I find the Neelankarai Sub Registrar Office?

The Neelankarai Sub Registrar Office is located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For instance, for a property valued at Rs 11,00,000, the stamp duty would be calculated at 7% of that amount.