Guideline Value for Arunachala PillaiChatiram Kalani

Arunachala PillaiChatiram Kalani guideline value

The current guideline value for Arunachala PillaiChatiram Kalani is Rs 300 per sq.ft, effective from 1 July 2024. This street is located in Malliyankaranai village under the Uthiramerur SRO, classified as Residential Special Type - I.

How the guideline value of Arunachala PillaiChatiram Kalani has changed

The guideline value for Arunachala PillaiChatiram Kalani has seen several revisions over the years. In the 2012 revision, the value was set at Rs 300 per sq.ft, which remained unchanged in the 2017 revision. However, from 2017 to 2023, the value increased by 49% to Rs 300 per sq.ft, and it has remained consistent through the 2024 revision, showing no change from the previous year.

It is important to note that the register does not have figures for the years 2002, 2003, and 2007 for this street. The overall change from the 2012 revision to the 2024 revision is 0%, indicating stability in the guideline value over this period.

Guideline values in Malliyankaranai

Malliyankaranai village has 42 streets under the Uthiramerur SRO, with the 2024 guideline values ranging from Rs 200 to Rs 603 per sq.ft. The median value for these streets is Rs 401 per sq.ft, placing Arunachala PillaiChatiram Kalani's 2024 figure below this median.

• Arunachalapillai Chatiram: Rs 401 per sq.ft (2024)
• A.V.Avenu: Rs 250 per sq.ft (2024)
• Anna Nagar: Rs 401 per sq.ft (2024)
• Balaji Nagar: Rs 250 per sq.ft (2024)
• Akshaya Nagar: Rs 401 per sq.ft (2024)
• Chellammal Nagar: Rs 401 per sq.ft (2024)

Stamp duty and registration fee for property in Arunachala PillaiChatiram Kalani

For a 1,000 sq.ft plot at the current rate of Rs 300 per sq.ft, the guideline value amounts to Rs 3,00,000. The stamp duty is charged at 7%, resulting in Rs 21,000, and the registration fee at 2% amounts to Rs 6,000, bringing the total to Rs 27,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Arunachala PillaiChatiram Kalani?

The Sub Registrar Office that covers Arunachala PillaiChatiram Kalani is the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Malliyankaranai. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the transaction is officially recorded at a legally recognized value.

When engaging in property transactions, it is essential to be aware of the guideline value as it directly affects the costs involved in the registration process. Buyers and sellers should ensure that they are informed about the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value for Arunachala PillaiChatiram Kalani?

The current guideline value for Arunachala PillaiChatiram Kalani is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained Rs 300 per sq.ft since the 2012 revision, with a significant increase of 49% from Rs 201 per sq.ft in 2017 to 2023, but no change from 2023 to 2024.

What is the median guideline value for streets in Malliyankaranai?

The median guideline value for the 42 streets in Malliyankaranai is Rs 401 per sq.ft, with Arunachala PillaiChatiram Kalani's value being below this median.

What are the stamp duty and registration fees for a property in Arunachala PillaiChatiram Kalani?

For a property with a guideline value of Rs 3,00,000, the stamp duty is Rs 21,000 and the registration fee is Rs 6,000, totaling Rs 27,000.

Where is the Sub Registrar Office for Arunachala PillaiChatiram Kalani located?

The Sub Registrar Office for Arunachala PillaiChatiram Kalani is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.