Guideline Value for Vaniyar Street

Vaniyar Street guideline value

The current guideline value of Vaniyar Street is Rs 800 per sq.ft, effective from 1 July 2024. This street is located in Thirukalukundrem A village, under the Thirukazhukundram SRO, and is classified as Residential Class I Type - II.

How the guideline value of Vaniyar Street has changed

The guideline value for Vaniyar Street has remained stable at Rs 800 per sq.ft from the 2023 revision to the 2024 revision. Prior to this, the 2017 revision set the guideline value at Rs 536 per sq.ft, indicating a significant increase of 49% from 2017 to 2023.

It is important to note that there are no figures available for the revisions in the years 2002, 2003, 2007, and 2012. Overall, the guideline value has increased by 49% from 2017 to 2024.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO with a 2024 guideline value ranging from Rs 300 to Rs 1,344 per sq.ft. The median guideline value for these streets is Rs 600 per sq.ft, placing Vaniyar Street's 2024 figure above this median.

• Varasithi Vinayagar Koil Street: Rs 400 per sq.ft (2024)
• Vadakkupattu Village: Rs 400 per sq.ft (2024)
• Vadakkupattu Old Colony: Rs 300 per sq.ft (2024)
• Vadakkupattu New Colony: Rs 400 per sq.ft (2024)
• Vellazhar Street: Rs 600 per sq.ft (2024)
• Thiru.Vi.ka Street: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Vaniyar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value would be Rs 8,00,000. The stamp duty at 7% would amount to Rs 56,000, while the registration fee at 2% would be Rs 16,000, bringing the total fees to Rs 72,000. 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 detailed calculations.

Which Sub Registrar Office covers Vaniyar Street?

The Sub Registrar Office that covers Vaniyar Street is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor during the registration of property transactions in Thirukalukundrem A. It is used to determine the stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

When buying or selling property, it is crucial to be aware of the current guideline value, as it directly impacts the costs involved in the registration process. Understanding the guideline value helps in making informed decisions during property transactions.

Frequently asked questions

What is the current guideline value of Vaniyar Street?

The current guideline value of Vaniyar Street is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 800 per sq.ft from 2023 to 2024 and increased by 49% from Rs 536 per sq.ft in 2017 to 2023. Overall, it has also increased by 49% from 2017 to 2024.

What are the other streets in Thirukalukundrem A and their guideline values?

Other streets in Thirukalukundrem A include Varasithi Vinayagar Koil Street at Rs 400 per sq.ft, Vadakkupattu Village at Rs 400 per sq.ft, Vadakkupattu Old Colony at Rs 300 per sq.ft, Vadakkupattu New Colony at Rs 400 per sq.ft, Vellazhar Street at Rs 600 per sq.ft, and Thiru.Vi.ka Street at Rs 600 per sq.ft, all as of 2024.

What is the stamp duty and registration fee for a property in Vaniyar Street?

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value would be Rs 8,00,000. The stamp duty would be Rs 56,000, and the registration fee would be Rs 16,000, totaling Rs 72,000.

Which Sub Registrar Office is responsible for Vaniyar Street?

The Thirukazhukundram Sub Registrar Office is responsible for Vaniyar Street, located at Thiruchengode - 637 211, Chengalpattu registration zone.