Guideline Value for Beauty kingdom

Beauty kingdom guideline value

The current guideline value of Beauty kingdom in Pillaippakkam-A village is Rs 300 per sq.ft, effective from 1 July 2024. This area falls under the Sriperumpudur SRO and is classified as Residential Class II Type - I.

How the guideline value of Beauty kingdom has changed

The guideline value for Beauty kingdom has remained consistent at Rs 300 per sq.ft from the 2023 revision to the 2024 revision, showing no change. Prior to this, the 2017 revision recorded a guideline value of Rs 201 per sq.ft, marking a significant increase of 49% to the 2023 value.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 49%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Pillaippakkam-A

There are 49 streets in Pillaippakkam-A under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 1,254 per sq.ft. The median guideline value for these streets is Rs 300 per sq.ft, which is equal to the 2024 figure for Beauty kingdom.

• Beauty Greens: Rs 300 per sq.ft (2024)
• Beauty Farms: Rs 300 per sq.ft (2024)
• Bhirundhavan Nagar: Rs 400 per sq.ft (2024)
• Bajanai Koil Street: Rs 200 per sq.ft (2024)
• Bramanar Street: Rs 400 per sq.ft (2024)
• Cyrstel Gardens: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Beauty kingdom

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000. The stamp duty at 7% would amount to Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total charges to Rs 27,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Beauty kingdom?

The Beauty kingdom area is covered by the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor during property registration in Pillaippakkam-A. 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 registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue based on the property's value.

Frequently asked questions

What is the current guideline value of Beauty kingdom?

The current guideline value of Beauty kingdom 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 at Rs 300 per sq.ft from 2023 to 2024. It increased from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023, marking a 49% rise.

What are the other streets in Pillaippakkam-A?

Other streets in Pillaippakkam-A include Beauty Greens, Beauty Farms, Bhirundhavan Nagar, Bajanai Koil Street, Bramanar Street, and Cyrstel Gardens, with varying guideline values.

What are the stamp duty and registration fees for a property in Beauty kingdom?

For a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000 and the registration fee would be Rs 6,000, totaling Rs 27,000.

Which office handles property registration for Beauty kingdom?

The Sriperumpudur Sub Registrar Office handles property registration for Beauty kingdom, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.