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Guideline Value

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Guideline Value for YERIKKARAI STREET (WARD -3)

₹990/sq.ft.

The guideline value for Yerikkarai Street (ward -3) in Kattankollatur village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 990 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kattankollatur

Village

Chengleput Joint II

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹990 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Yerikkarai Street (ward -3)

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Yerikkarai Street (Ward -3) guideline value

The current guideline value of Yerikkarai Street (Ward -3) is Rs 990 per sq.ft, effective from 1 July 2024. This street is located in Kattankollatur village, under the Chengleput Joint II SRO, and is classified as Residential Class I Type - II.

How the guideline value of Yerikkarai Street (Ward -3) has changed

Over the years, the guideline value of Yerikkarai Street has seen several revisions. The 2012 revision set the value at Rs 900 per sq.ft, which was then reduced to Rs 603 per sq.ft in the 2017 revision, marking a decrease of 33%. The value increased to Rs 900 per sq.ft in the 2023 revision, and most recently, the 2024 revision has set the value at Rs 990 per sq.ft, reflecting a 10% increase from the previous year.

In summary, from the 2012 revision to the 2024 revision, the overall change has been an increase of 10%. The register does not provide figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kattankollatur

Kattankollatur village has a total of 453 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 440 to Rs 3,612 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, indicating that the guideline value for Yerikkarai Street is below this median.

Stamp duty and registration fee for property in Yerikkarai Street (Ward -3)

For a 1,000 sq.ft plot at the current guideline value of Rs 990 per sq.ft, the total guideline value would be Rs 9,90,000. The stamp duty at 7% would amount to Rs 69,300, and the registration fee at 2% would be Rs 19,800, bringing the total fees to Rs 89,100. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Yerikkarai Street (Ward -3)?

The Sub Registrar Office that covers Yerikkarai Street (Ward -3) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in property transactions as it determines the minimum value at which a property can be registered. When buying or selling property in Kattankollatur, the guideline value is used to calculate stamp duty and registration fees, which are mandatory costs associated with the transaction.

It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with legal requirements during the registration process. This value also helps in understanding the financial implications of the property transaction.

Frequently asked questions

What is the current guideline value of Yerikkarai Street (Ward -3)?

The current guideline value of Yerikkarai Street (Ward -3) is Rs 990 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then to Rs 900 per sq.ft in 2023, and finally to Rs 990 per sq.ft in 2024.

What is the land classification for Yerikkarai Street?

Yerikkarai Street is classified as Residential Class I Type - II.

What are the other streets in Kattankollatur with their guideline values?

Other streets in Kattankollatur include Yadavar Street at Rs 550 per sq.ft, V.O.Sithamparanar Salai at Rs 1,760 per sq.ft, V.O.C Street at Rs 1,320 per sq.ft, Vivekananda Nagar at Rs 1,100 per sq.ft, Vishnupriya Avenue at Rs 1,650 per sq.ft, and Vip Enclave at Rs 1,760 per sq.ft.

Where can I find the Sub Registrar Office for Yerikkarai Street?

The Sub Registrar Office for Yerikkarai Street is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.