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Guideline Value

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Guideline Value for EASWARAN KOIL STREET (WARD -17)

₹660/sq.ft.

The guideline value for Easwaran Koil Street (ward -17) in Panangottur village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Panangottur

Village

Chengleput Joint II

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹660 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /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 Easwaran Koil Street (ward -17)

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Easwaran Koil Street (Ward -17) guideline value

The current guideline value of Easwaran Koil Street (Ward -17) is Rs 660 per sq.ft, effective from 1 July 2024. This street is located in Panangottur village and falls under the Chengleput Joint II SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Easwaran Koil Street (Ward -17) has changed

The guideline value for Easwaran Koil Street has undergone several revisions over the years. In 2012, the guideline value was Rs 600 per sq.ft. This value decreased to Rs 402 per sq.ft in 2017, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly by 49% to reach Rs 600 per sq.ft. The most recent revision in 2024 saw another increase of 10%, bringing the current guideline value to Rs 660 per sq.ft.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Panangottur

In Panangottur, there are 419 streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 440 to Rs 2,200 per sq.ft. The median guideline value in this area is Rs 990 per sq.ft, indicating that Easwaran Koil Street's current figure is below the median.

Stamp duty and registration fee for property in Easwaran Koil Street (Ward -17)

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value would be Rs 6,60,000. The stamp duty, charged at 7%, would amount to Rs 46,200, while the registration fee at 2% would be Rs 13,200. Together, these fees would total Rs 59,400. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Easwaran Koil Street (Ward -17)?

The Sub Registrar Office that covers Easwaran Koil Street (Ward -17) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role when buying or selling property in Panangottur. It serves as the basis for calculating stamp duty and registration fees, which are mandatory during the registration process. Buyers and sellers must be aware of the current guideline value to ensure compliance with the legal requirements.

When a property is sold, the guideline value is used to determine the minimum value on which stamp duty is calculated. This means that if the sale price is lower than the guideline value, the duty will be charged based on the guideline value instead of the sale price.

Frequently asked questions

What is the current guideline value of Easwaran Koil Street (Ward -17)?

The current guideline value of Easwaran Koil Street (Ward -17) is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then increased to Rs 600 per sq.ft in 2023, and finally to Rs 660 per sq.ft in 2024.

What are the other streets in Panangottur and their guideline values?

Other streets in Panangottur include Ettiamman Koil Street Sattamangalam at Rs 440 per sq.ft, Diamond Avenue at Rs 660 per sq.ft, and several others, all listed with their respective guideline values.

What is the registration fee for property in Easwaran Koil Street (Ward -17)?

The registration fee for property is calculated based on the guideline value. For a plot of 1,000 sq.ft at Rs 660 per sq.ft, the registration fee would be Rs 13,200.

Which office handles the registration for Easwaran Koil Street (Ward -17)?

The Chengleput Joint II Sub Registrar Office handles the registration for Easwaran Koil Street (Ward -17), located at 10, Kancheepuram Main Road, Chengalpattu 603 002.