Guideline Value

Corporate

Guideline Value for INDIA PISTON (PA)

₹550/sq.ft.

The guideline value for India Piston (pa) in Kattankollatur village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 550 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kattankollatur

Village

Chengleput Joint II

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /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 India Piston (pa)

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India Piston (Pa) guideline value

The current guideline value for India Piston (Pa) is Rs 550 per sq.ft, effective from 1 July 2024. This street is located in Kattankollatur village, under the Chengleput Joint II SRO, classified as Residential Class II Type - I.

How the guideline value of India Piston (Pa) has changed

The guideline value for India Piston (Pa) has undergone several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which was then reduced to Rs 335 per sq.ft in 2017. Following this, the 2023 revision increased the value to Rs 500 per sq.ft, and the latest revision in 2024 raised it further to Rs 550 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

From the 2012 revision to 2017, there was a decrease of 33%. However, the value increased by 49% from 2017 to 2023. The overall change from 2012 to 2024 reflects a 10% increase. The most recent change from 2023 to 2024 represents a 10% rise in the guideline value.

Guideline values in Kattankollatur

Kattankollatur village has a total of 453 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 440 to Rs 3,612 per sq.ft. The median guideline value in this village is Rs 1,100 per sq.ft, making the current value of Rs 550 per sq.ft for India Piston (Pa) below that median.

Stamp duty and registration fee for property in India Piston (Pa)

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value amounts to Rs 5,50,000. The stamp duty at 7% would be Rs 38,500, and the registration fee at 2% would be Rs 11,000, making the total cost for these fees Rs 49,500. 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 India Piston (Pa)?

The Sub Registrar Office that covers India Piston (Pa) 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 more information.

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

The guideline value is a crucial factor when registering property transactions in Kattankollatur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the buying or selling process.

When a property is sold, the guideline value helps in assessing the financial obligations associated with the transaction. It ensures that the fees are calculated based on a standardized value, which is essential for both buyers and sellers in the real estate market.

Frequently asked questions

What is the current guideline value for India Piston (Pa)?

The current guideline value for India Piston (Pa) is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, with the most recent increase being from Rs 500 per sq.ft in 2023 to Rs 550 per sq.ft in 2024. Overall, from 2012 to 2024, the value increased by 10%.

What is the median guideline value in Kattankollatur?

The median guideline value in Kattankollatur is Rs 1,100 per sq.ft. The guideline value for India Piston (Pa) is below this median.

What are the stamp duty rates for property in India Piston (Pa)?

The stamp duty rate for property transactions in India Piston (Pa) is 7% of the guideline value or sale price, whichever is higher. Additionally, there is a registration fee of 2%.

Where can I find the Sub Registrar Office for India Piston (Pa)?

The Sub Registrar Office for India Piston (Pa) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.