Guideline Value for ALAMARAM STREET

Alamaram Street guideline value

The current guideline value of Alamaram Street in Perumalpattu village, under the Tiruvallur Joint 1 SRO, is Rs 626 per sq.ft. This value was established in the 2023 revision and pertains to residential properties classified as Residential Class II Type - II.

How the guideline value of Alamaram Street has changed

In the 2023 revision, the guideline value for Alamaram Street was set at Rs 626 per sq.ft. The register has no figures for the years 2024, 2017, 2012, 2007, 2003, and 2002, indicating no changes in the guideline value for this street during those revisions.

Since the 2023 revision is the only one with a specified value, there have been no changes recorded in the guideline value for Alamaram Street across the previous revisions. The absence of figures in the earlier years suggests a consistent valuation since the last recorded revision.

Guideline values in Perumalpattu

Currently, there are no specific village figures available for Perumalpattu. Alamaram Street's guideline value stands at Rs 626 per sq.ft, and there are no other streets in Perumalpattu listed under the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Alamaram Street

For a 1,000 sq.ft plot at the current rate of Rs 626 per sq.ft, the guideline value amounts to Rs 6,26,000. The stamp duty at 7% would be Rs 43,820, while the registration fee at 2% would be Rs 12,520, totaling Rs 56,340. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Alamaram Street?

The Sub Registrar Office that covers Alamaram Street is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor during the registration of property transactions in Perumalpattu. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring transparency and consistency in property dealings.

When buying or selling property, the guideline value influences the calculation of stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value or the actual sale price, which may affect the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Alamaram Street?

The current guideline value of Alamaram Street is Rs 626 per sq.ft, as per the 2023 revision.

What land classification does Alamaram Street fall under?

Alamaram Street is classified as Residential Class II Type - II, indicating its suitability for residential development.

Have there been any changes in the guideline value for Alamaram Street?

No changes have been recorded in the guideline value for Alamaram Street across the revisions, with the only figure available being from 2023.

Where is the Sub Registrar Office for Alamaram Street located?

The Sub Registrar Office for Alamaram Street is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.

How is stamp duty calculated for property transactions in Alamaram Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 56,340.