Guideline Value for KARAIKAL AMMIYAR STREET (PER)

Karaikal Ammiyar Street (Per) guideline value

The current guideline value of Karaikal Ammiyar Street (Per) is Rs 1,320 per sq.ft. This street is located in Peramanoor village, under the Chengleput Joint II SRO, and is classified as Residential Special Type - V.

How the guideline value of Karaikal Ammiyar Street (Per) has changed

The guideline value for Karaikal Ammiyar Street (Per) has undergone several revisions over the years. In the 2012 revision, the value was set at Rs 1,200 per sq.ft. This was followed by a decrease to Rs 804 per sq.ft in the 2017 revision. The 2023 revision marked an increase to Rs 1,200 per sq.ft, and the most recent revision in 2024 has raised it further to Rs 1,320 per sq.ft.

Between the revisions, the changes are notable. From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value saw a significant increase of 49%. The overall change from 2012 to 2024 reflects a 10% increase. The guideline register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Peramanoor

In Peramanoor village, there are a total of 430 streets under the Chengleput Joint II SRO that carry a 2024 guideline value, ranging from Rs 550 to Rs 2,200 per sq.ft. The median value among these streets is Rs 1,100 per sq.ft, placing Karaikal Ammiyar Street (Per) above this median at Rs 1,320 per sq.ft.

• Karikaalan Street (Ward -6): Rs 1,320 per sq.ft (2024)
• Kannikoil Street Kattankolathur (Ward -18): Rs 660 per sq.ft (2024)
• Karikilaar Street (Ward -6): Rs 1,320 per sq.ft (2024)
• Kanniamman Koil Street (Ward -18): Rs 660 per sq.ft (2024)
• Karpaga Vinayagapuram (Sa): Rs 550 per sq.ft (2024)
• Kannaki Street (N): Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in Karaikal Ammiyar Street (Per)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, making the total fees together Rs 1,18,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Karaikal Ammiyar Street (Per)?

The Chengleput Joint II Sub Registrar Office covers Karaikal Ammiyar Street (Per). The office is 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 Peramanoor

The guideline value plays a crucial role during the registration of property transactions in Peramanoor. When a buyer or seller engages in a property transaction, the guideline value is used to determine the stamp duty and registration fees applicable to the transaction.

It is essential for buyers and sellers to be aware of the guideline value as it can influence the overall costs associated with property registration. Accurate knowledge of these values ensures compliance with legal requirements during the buying or selling process.

Frequently asked questions

What is the current guideline value of Karaikal Ammiyar Street (Per)?

The current guideline value of Karaikal Ammiyar Street (Per) is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then back to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,320 per sq.ft in 2024.

What is the land classification for Karaikal Ammiyar Street (Per)?

Karaikal Ammiyar Street (Per) is classified as Residential Special Type - V under the Chengleput Joint II SRO.

Where can I find the registration office for Karaikal Ammiyar Street (Per)?

The registration office covering Karaikal Ammiyar Street (Per) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

What is the median guideline value for streets in Peramanoor?

The median guideline value for the 430 streets in Peramanoor is Rs 1,100 per sq.ft, with Karaikal Ammiyar Street (Per) being above this median at Rs 1,320 per sq.ft.