Guideline Value for VALLIAMMAL GARDEN 3RD STREET

Valliammal Garden 3rd Street guideline value

The current guideline value of Valliammal Garden 3rd Street is Rs 6,300 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village, under the Kodambakkam SRO, and is classified as Residential Special Type - III.

How the guideline value of Valliammal Garden 3rd Street has changed

The guideline value for Valliammal Garden 3rd Street has seen several revisions over the years. In 2002, the value was Rs 894 per sq.ft, which increased to Rs 982 per sq.ft in 2003. The value then rose significantly by 10% to Rs 1,500 per sq.ft in 2007, followed by a remarkable increase of 287% to Rs 5,800 per sq.ft in 2012. However, from 2012 to 2017, the value decreased by 33% to Rs 3,886 per sq.ft. The most recent revision in 2024 saw a substantial increase of 62%, bringing the value to Rs 6,300 per sq.ft.

It is important to note that there is no figure available for the year 2023 in the register for this street.

Guideline values in Puliyur

In Puliyur village, there are 648 streets under the Kodambakkam SRO that carry a 2024 guideline value ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median value for these streets is Rs 5,800 per sq.ft, positioning Valliammal Garden 3rd Street above this median.

• Valliammal Garden 2nd Street: Rs 6,300 per sq.ft (2024)
• Valliammal Garden Main Road: Rs 6,300 per sq.ft (2024)
• Valliammal Garden 1st Street: Rs 6,300 per sq.ft (2024)
• Valliammai Road: Rs 6,300 per sq.ft (2024)
• Valliammal Street. Chennai-24: Rs 5,800 per sq.ft (2024)
• Vallalar Street (Vadapalani): Rs 4,400 per sq.ft (2024)

Stamp duty and registration fee for property in Valliammal Garden 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 6,300 per sq.ft, the total guideline value amounts to Rs 63,00,000. The stamp duty at 7% would be Rs 4,41,000, and the registration fee at 2% would be Rs 1,26,000, bringing the total cost for these fees to Rs 5,67,000. It is essential to note that duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Valliammal Garden 3rd Street?

The Valliammal Garden 3rd Street falls under the jurisdiction of the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Puliyur. It is used to determine the stamp duty and registration fees applicable when buying or selling property. This value ensures that the government receives the appropriate revenue from property transactions.

When you register a property, the guideline value is considered to ensure that the transaction is recorded accurately. Buyers and sellers must be aware of this value to understand the financial implications of their property dealings.

Frequently asked questions

What is the current guideline value of Valliammal Garden 3rd Street?

The current guideline value of Valliammal Garden 3rd Street is Rs 6,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 894 per sq.ft in 2002 to Rs 6,300 per sq.ft in 2024, reflecting an overall increase of 605% over this period.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 63,00,000, the stamp duty would be Rs 4,41,000 and the registration fee would be Rs 1,26,000, totaling Rs 5,67,000 for these fees.

Which Sub Registrar Office handles registrations for this street?

The Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026, covers Valliammal Garden 3rd Street.

Where can I find more information about guideline values in Puliyur?

For detailed information about guideline values in Puliyur, you can refer to the registration department's guideline value register or consult the local Sub Registrar Office.