Guideline Value for Heath Centre

Heath Centre guideline value

The current guideline value of Heath Centre in Pennaloor village is Rs 200 per sq.ft, effective from the 2024 revision. This area falls under the Sriperumpudur Sub Registrar Office (SRO) and is classified as Residential Class III Type - I.

How the guideline value of Heath Centre has changed

Over the years, the guideline value for Heath Centre has seen several revisions. The 2012 revision set the value at Rs 200 per sq.ft, which remained unchanged until the 2023 revision, also at Rs 200 per sq.ft. The next revision in 2024 kept the value steady at Rs 200 per sq.ft, resulting in no percentage change from 2023 to 2024. However, from the 2017 revision of Rs 134 per sq.ft to the 2023 revision, there was a significant increase of 49%.

Examining the earlier revisions, the 2012 to 2017 period saw a decrease of 33%, while the overall change from 2012 to 2024 shows no variation, remaining at Rs 200 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Pennaloor

Pennaloor village has 35 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 1,200 per sq.ft. The median guideline value is Rs 200 per sq.ft, which aligns with the current value for Heath Centre.

• Havisha Homes: Rs 850 per sq.ft (2024)
• Gowtham Nagar: Rs 200 per sq.ft (2024)
• Gangai Amman Koil Street: Rs 200 per sq.ft (2024)
• K.A.Anna Nagar: Rs 400 per sq.ft (2024)
• K.A.Anna Nagar Ph.-II: Rs 500 per sq.ft (2024)
• E.B.Kudi Colony: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Heath Centre

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty charged at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Heath Centre?

The Heath Centre area falls under the jurisdiction of 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 Pennaloor

The guideline value plays a crucial role in property transactions in Pennaloor, as it is used to determine the stamp duty and registration fees during the registration process. Buyers and sellers must be aware of the current guideline value to ensure compliance with local regulations.

When a property is sold, the guideline value is considered alongside the sale price. The stamp duty is calculated based on the higher of the two amounts, ensuring that the government receives the appropriate fees for property transactions.

Frequently asked questions

What is the current guideline value of Heath Centre?

The current guideline value of Heath Centre is Rs 200 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has seen various revisions, with the 2012 value at Rs 200 per sq.ft, which remained unchanged until 2024. Notably, there was a 49% increase from the 2017 revision of Rs 134 per sq.ft to the 2023 revision.

Where can I find the registration office for Heath Centre?

The registration office covering Heath Centre is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

How is stamp duty calculated for properties in Heath Centre?

Stamp duty for properties in Heath Centre is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at the guideline value of Rs 200 per sq.ft would incur a total stamp duty of Rs 14,000.

What are the other streets in Pennaloor with guideline values?

Other streets in Pennaloor include Havisha Homes with a guideline value of Rs 850 per sq.ft, Gowtham Nagar and Gangai Amman Koil Street both at Rs 200 per sq.ft, and K.A.Anna Nagar at Rs 400 per sq.ft. These values reflect the varying prices across the village.