Guideline Value for PAPPIREDDTYOPALLI ROAD

Pappireddtyopalli Road guideline value

The current guideline value of Pappireddtyopalli Road is Rs 550 per sq.ft, effective from 1 July 2024. This road is located in Tiruttani village under the Thiruttani SRO, classified as Residential Class V Type - I.

How the guideline value of Pappireddtyopalli Road has changed

The guideline value for Pappireddtyopalli Road has seen several revisions over the years. The 2017 revision set the value at Rs 335 per sq.ft. This increased to Rs 500 per sq.ft in the 2023 revision, marking a 49% rise. The current 2024 revision further increased the value to Rs 550 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. The register has no figure for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Tiruttani

In Tiruttani, there are 160 streets under the Thiruttani SRO that carry a 2024 guideline value ranging from Rs 548 to Rs 1,540 per sq.ft. The median value is Rs 825 per sq.ft, positioning Pappireddtyopalli Road's 2024 figure below this median.

• Pappireddtyopalli Road 1st Street: Rs 550 per sq.ft (2024)
• Pappireddtyopalli Road 2nd Street: Rs 550 per sq.ft (2024)
• Pappireddtyopalli Road 3rd Street: Rs 550 per sq.ft (2024)
• Pepriar Nagar 2nd Street: Rs 988 per sq.ft (2024)
• Pepriar Nagar 3th Street: Rs 988 per sq.ft (2024)
• Pepriar Nagar 4th Street: Rs 988 per sq.ft (2024)

Stamp duty and registration fee for property in Pappireddtyopalli Road

For a 1,000 sq.ft plot at the current rate of Rs 550 per sq.ft, the 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, bringing the total to Rs 49,500. Duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Pappireddtyopalli Road?

The Sub Registrar Office covering Pappireddtyopalli Road is the Thiruttani Sub Registrar Office, located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions in Tiruttani. It is used to determine the stamp duty and registration fees applicable during the registration process. Buyers and sellers must consider this value to ensure compliance with local regulations.

When registering a property, the guideline value or the sale price, whichever is higher, will be the basis for calculating the necessary fees. This ensures that all transactions are conducted transparently and in accordance with the law.

Frequently asked questions

What is the current guideline value of Pappireddtyopalli Road?

The current guideline value of Pappireddtyopalli Road is Rs 550 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased from Rs 335 per sq.ft to Rs 550 per sq.ft in 2024, marking an overall increase of 64%.

What are the stamp duty rates for properties in Pappireddtyopalli Road?

The stamp duty rate for properties in Pappireddtyopalli Road is 7% of the guideline value or sale price, whichever is higher.

Where is the Thiruttani Sub Registrar Office located?

The Thiruttani Sub Registrar Office is located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone.

How can I calculate the registration fees for my property?

You can calculate the registration fees for your property using the stamp duty and registration fee calculator available online.