Guideline Value for Valliammai Street

Valliammai Street guideline value

The current guideline value of Valliammai Street is Rs 1,195 per sq.ft. This street is located in Ayyencheri village and falls under the Gooduvancheri SRO. The land classification is Residential Class I Type - I.

How the guideline value of Valliammai Street has changed

The guideline value of Valliammai Street has undergone several revisions over the years. In the 2012 revision, the value was set at Rs 1,000 per sq.ft. This figure decreased to Rs 800 per sq.ft in the 2017 revision, marking a decline of 20%. However, the most recent revision in 2023 saw a significant increase to Rs 1,195 per sq.ft, representing a rise of 49% from the previous figure.

Overall, from the 2012 revision to the 2023 revision, the guideline value has increased by 20%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Ayyencheri

Currently, there are no specific village figures available for Ayyencheri. Valliammai Street's guideline value is Rs 1,195 per sq.ft. There are no other streets in Ayyencheri under the Gooduvancheri SRO provided.

Stamp duty and registration fee for property in Valliammai Street

For a 1,000 sq.ft plot at the current rate of Rs 1,195 per sq.ft, the guideline value would be Rs 11,95,000. The stamp duty at 7% would amount to Rs 83,650, and the registration fee at 2% would be Rs 23,900, totaling Rs 1,07,550. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Valliammai Street?

The Sub Registrar Office that covers Valliammai Street is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Ayyencheri. It is used to determine the stamp duty and registration fees that must be paid during the registration process. Buyers and sellers should be aware that the guideline value is a fixed rate set by the government and can affect the overall cost of the transaction.

When purchasing property, the guideline value ensures that the government receives appropriate revenue from property transactions. It is essential for both buyers and sellers to understand this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Valliammai Street?

The current guideline value of Valliammai Street is Rs 1,195 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 800 per sq.ft in 2017, and then increased to Rs 1,195 per sq.ft in 2023. This represents a 20% increase overall from 2012 to 2023.

What is the stamp duty rate for properties in Valliammai Street?

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

Where is the Sub Registrar Office for Valliammai Street located?

The Sub Registrar Office for Valliammai Street is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

Is there any guideline value for the 2024 revision?

No, the register has no figure for the 2024 revision for Valliammai Street.