Guideline Value for Yamuna Street ICF Colony

Yamuna Street ICF Colony guideline value

The current guideline value of Yamuna Street ICF Colony is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in 5. Athipattu village under the Konnur SRO, and it falls under the Residential Class I Type - I land classification.

How the guideline value of Yamuna Street ICF Colony has changed

The guideline value for Yamuna Street ICF Colony has seen significant changes over the years. The 2017 revision set the value at Rs 1,474 per sq.ft, which increased to Rs 2,200 per sq.ft in the 2023 revision. The latest revision in 2024 has further increased the value to Rs 2,400 per sq.ft, marking a 9% increase from the previous year. There are no recorded figures for the years 2002, 2003, 2007, and 2012 in the register for this street.

From 2017 to 2023, the guideline value rose by 49%, and the overall increase from 2017 to 2024 is 63%. This reflects the changing landscape of property values in the area.

Guideline values in 5. Athipattu

In 5. Athipattu, the guideline values vary across different streets. The 2024 figures for the village range from Rs 1,100 to Rs 7,650 per sq.ft, with a median value of Rs 2,200 per sq.ft. Yamuna Street ICF Colony's 2024 guideline value is above this median.

• V.O.C Street: Rs 1,600 per sq.ft (2024)
• Vengateshwaran Street: Rs 1,600 per sq.ft (2024)
• Vengada Subba Reddy Street: Rs 1,600 per sq.ft (2024)
• Vanagaram Road (Prince Green Wood Apts): Rs 3,600 per sq.ft (2024)
• Vanagaram Road: Rs 3,601 per sq.ft (2024)
• Vaigai Street(ICF): Rs 2,400 per sq.ft (2024)

Stamp duty and registration fee for property in Yamuna Street ICF Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value would be Rs 24,00,000. The stamp duty at 7% would amount to Rs 1,68,000, and the registration fee at 2% would be Rs 48,000. Together, these fees total Rs 2,16,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more precise calculations based on your property details.

Which Sub Registrar Office covers Yamuna Street ICF Colony?

The Sub Registrar Office that covers Yamuna Street ICF Colony is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in 5. Athipattu

The guideline value plays a crucial role during the registration of property transactions in 5. Athipattu. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When you register a property, the guideline value is assessed to ensure that the transaction is in accordance with the prevailing rates set by the government. This helps in maintaining transparency and accountability in property dealings.

Frequently asked questions

What is the current guideline value of Yamuna Street ICF Colony?

The current guideline value of Yamuna Street ICF Colony is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,474 per sq.ft in 2017 to Rs 2,400 per sq.ft in 2024, reflecting a total increase of 63% over this period.

What are the stamp duty and registration fees for property in Yamuna Street ICF Colony?

For a 1,000 sq.ft plot at the current guideline value, the total guideline value is Rs 24,00,000. The stamp duty is Rs 1,68,000, and the registration fee is Rs 48,000, totaling Rs 2,16,000.

Which office handles the registration for Yamuna Street ICF Colony?

The Konnur Sub Registrar Office handles the registration for Yamuna Street ICF Colony, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

What is the land classification of Yamuna Street ICF Colony?

Yamuna Street ICF Colony falls under the Residential Class I Type - I land classification, indicating its suitability for residential development.