Guideline Value for Vallikattamman Koil Street

Vallikattamman Koil Street guideline value

The current guideline value of Vallikattamman Koil Street is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Eraiyur village, under the Sriperumpudur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Vallikattamman Koil Street has changed

The guideline value for Vallikattamman Koil Street has undergone several revisions over the years. From the 2012 revision, the value was Rs 200 per sq.ft, which remained unchanged until the 2024 revision. The 2017 revision saw a decrease to Rs 134 per sq.ft, but this was followed by a significant increase to Rs 200 per sq.ft in the 2023 revision, maintaining the same value in the 2024 revision, resulting in a 49% increase from 2017 to 2023.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has remained constant at Rs 200 per sq.ft.

Guideline values in Eraiyur

In Eraiyur, there are 35 streets under the Sriperumpudur SRO that have a 2024 guideline value ranging from Rs 100 to Rs 471 per sq.ft, with the median value being Rs 200 per sq.ft. Vallikattamman Koil Street's guideline value matches this median.

• Vasanthapuram: Rs 200 per sq.ft (2024)
• Vettaikarapalayam: Rs 200 per sq.ft (2024)
• Vikramarajasingapuram: Rs 300 per sq.ft (2024)
• Vikramarajasingapuram Part - II: Rs 300 per sq.ft (2024)
• Thideer Nagar: Rs 200 per sq.ft (2024)
• Theru veedhiyamman Koil Street: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Vallikattamman Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Vallikattamman Koil Street?

The Sub Registrar Office that covers Vallikattamman Koil Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property transactions in Eraiyur. It serves as a reference point for determining the stamp duty and registration fees that need to be paid at the time of registration.

When buying or selling property, the guideline value can influence the overall transaction costs. It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with the registration requirements.

Frequently asked questions

What is the current guideline value of Vallikattamman Koil Street?

The current guideline value of Vallikattamman Koil Street is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 200 per sq.ft from the 2012 revision to the 2024 revision, with a decrease to Rs 134 per sq.ft in 2017 and an increase back to Rs 200 per sq.ft in 2023.

What is the land classification for Vallikattamman Koil Street?

Vallikattamman Koil Street is classified as Residential Class II Type - I.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is 7% of the guideline value or sale price, and the registration fee is 2%. For a 1,000 sq.ft plot at the current rate, the total fees would amount to Rs 18,000.

Which office handles the registration for Vallikattamman Koil Street?

The Sriperumpudur Sub Registrar Office handles the registration for Vallikattamman Koil Street, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.