Guideline Value for Ueiyali Amman Koil Street

Ueiyali Amman Koil Street guideline value

The current guideline value of Ueiyali Amman Koil Street is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Thiruneermalai village under the Pammal SRO and is classified as Residential Class III Type - I.

How the guideline value of Ueiyali Amman Koil Street has changed

The guideline value for Ueiyali Amman Koil Street has seen significant changes over the years. In the 2003 revision, the value was Rs 312 per sq.ft, which increased to Rs 350 per sq.ft in 2007. Following this, the 2017 revision marked a substantial rise to Rs 804 per sq.ft, reflecting a 130% increase from the previous figure. The value continued to rise, reaching Rs 1,200 per sq.ft in the 2023 revision, and then increased by 10% to the current value of Rs 1,320 per sq.ft in the 2024 revision.

It is important to note that the register has no figures for Ueiyali Amman Koil Street for the years 2002 and 2012. Overall, from 2003 to 2024, the guideline value has increased by 323%.

Guideline values in Thiruneermalai

In Thiruneermalai, there are 316 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 1,320 to Rs 6,240 per sq.ft, with a median value of Rs 2,420 per sq.ft. Ueiyali Amman Koil Street's 2024 guideline value is below this median.

• Umaiyalpuram 2nd Street: Rs 2,860 per sq.ft (2024)
• Umaiyalpuram 3rd Street: Rs 2,860 per sq.ft (2024)
• Umaiyalpuram 4th Street(Avvai Street): Rs 2,860 per sq.ft (2024)
• Umaiyalpuram 5th Street: Rs 2,860 per sq.ft (2024)
• Umaiyalpuram 1st Street: Rs 2,860 per sq.ft (2024)
• Uamayalpuram 5th Main Road: Rs 2,860 per sq.ft (2024)

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total fees together to Rs 1,18,800. Duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Ueiyali Amman Koil Street?

The Sub Registrar Office that covers Ueiyali Amman Koil Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions in Thiruneermalai, as it determines the minimum value at which a property can be registered. When buying or selling a property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that these costs are based on a standardized valuation.

It is essential for buyers and sellers to be aware of the guideline value, as it can impact the overall cost of the transaction. Understanding the guideline value also helps in making informed decisions during property dealings.

Frequently asked questions

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

The current guideline value of Ueiyali Amman Koil Street is Rs 1,320 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 312 per sq.ft in 2003 to Rs 1,320 per sq.ft in 2024, marking an overall increase of 323% over the years.

What is the stamp duty rate for properties in Ueiyali Amman Koil Street?

The stamp duty rate for properties in Ueiyali Amman Koil Street is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Ueiyali Amman Koil Street?

The Sub Registrar Office for Ueiyali Amman Koil Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the land classification of Ueiyali Amman Koil Street?

Ueiyali Amman Koil Street is classified as Residential Class III Type - I according to the guideline value register.