Guideline Value for Union Carbide Colony 3rd Street

Union Carbide Colony 3rd Street guideline value

The current guideline value of Union Carbide Colony 3rd Street is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Kodungaiyur village under the Madhavaram SRO and is classified as Residential Class I Type - I.

How the guideline value of Union Carbide Colony 3rd Street has changed

For the year 2024, the guideline value for Union Carbide Colony 3rd Street is Rs 2,700 per sq.ft. The register has no figure for this street for the years 2023, 2017, 2012, 2007, 2003, and 2002.

There have been no changes between the revisions above, with the most recent figure being equal to the median value for streets in the area.

Guideline values in Kodungaiyur

In Kodungaiyur, there are 1,318 streets under the Madhavaram SRO that carry a 2024 guideline value ranging from Rs 1,900 to Rs 4,000 per sq.ft, with a median value of Rs 2,700 per sq.ft. Union Carbide Colony 3rd Street's 2024 figure matches this median.

• Union Carbide Colony 2nd Street: Rs 2,700 per sq.ft (2024)
• Union Carbide Colony 4th Street: Rs 2,700 per sq.ft (2024)
• Union Carbide Colony 5th Cross Street Extension: Rs 2,700 per sq.ft (2024)
• Union Carbide Colony 22nd Street: Rs 2,700 per sq.ft (2024)
• Union Carbide Colony 5th Street: Rs 2,700 per sq.ft (2024)
• Union Carbide Colony 21st Street: Rs 2,700 per sq.ft (2024)

Stamp duty and registration fee for property in Union Carbide Colony 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value amounts to Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total fees to Rs 2,43,000. Duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Union Carbide Colony 3rd Street?

The Sub Registrar Office that covers Union Carbide Colony 3rd Street is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more information.

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

The guideline value is a critical factor in property transactions in Kodungaiyur, as it determines the amount of stamp duty and registration fees that need to be paid. When you buy or sell property, the guideline value is considered to ensure that the transaction is registered at a fair value.

It is essential to be aware of the guideline value when planning a property transaction, as it directly impacts the financial aspects of the sale and purchase process. Buyers and sellers should ensure they are informed about the current guideline values to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Union Carbide Colony 3rd Street?

The current guideline value of Union Carbide Colony 3rd Street is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There have been no figures recorded for Union Carbide Colony 3rd Street in the years 2023, 2017, 2012, 2007, 2003, and 2002. The only recorded figure is from the 2024 revision.

What is the land classification for Union Carbide Colony 3rd Street?

Union Carbide Colony 3rd Street is classified as Residential Class I Type - I, indicating its designation for residential purposes.

Where is the Madhavaram Sub Registrar Office located?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. This office handles registrations for properties in the area.

How can I calculate stamp duty and registration fees?

You can calculate the stamp duty and registration fees using the stamp duty and registration fee calculator. This tool will help you determine the fees based on the guideline value or sale price.