Guideline Value for PATTINATHADIGAL STREET (WARD -6)

Pattinathadigal Street (Ward -6) guideline value

The current guideline value of Pattinathadigal Street (Ward -6) is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Kattankollatur village under the Chengleput Joint II SRO, classified as Residential Special Type - V.

How the guideline value of Pattinathadigal Street (Ward -6) has changed

The guideline value for Pattinathadigal Street has seen several revisions over the years. The 2012 revision set the value at Rs 1,200 per sq.ft, which was a decrease of 33% from Rs 804 per sq.ft in 2017. The value remained at Rs 1,200 per sq.ft until the 2023 revision, which increased it to Rs 1,200 per sq.ft, and then further to Rs 1,320 per sq.ft in 2024, marking a 10% increase.

From 2017 to 2023, there was a significant increase of 49%, bringing the value to Rs 1,200 per sq.ft. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kattankollatur

Kattankollatur village has a total of 453 streets under the Chengleput Joint II SRO, with the 2024 guideline values ranging from Rs 440 to Rs 3,612 per sq.ft. The median guideline value for these streets is Rs 1,100 per sq.ft, placing Pattinathadigal Street's 2024 figure above this median.

• Pattukottai Alagiri Street (Ward -8): Rs 1,760 per sq.ft (2024)
• Pattukottai Kalyana Sundaram Salai (Ward -8): Rs 1,760 per sq.ft (2024)
• Pavendar Salai (Ward -4): Rs 1,980 per sq.ft (2024)
• Peialwar Street (Ward -5): Rs 1,320 per sq.ft (2024)
• Pasumpon Muthuramalinga Devar St (Ward -8): Rs 1,760 per sq.ft (2024)
• Peramanor Union Road (Per): Rs 990 per sq.ft (2024)

Stamp duty and registration fee for property in Pattinathadigal Street (Ward -6)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value would be Rs 13,20,000. The stamp duty at 7% would amount to Rs 92,400, and the registration fee at 2% would be Rs 26,400, totaling 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.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Pattinathadigal Street (Ward -6)?

The Sub Registrar Office that covers Pattinathadigal Street (Ward -6) 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 critical factor when buying or selling property in Kattankollatur. It serves as the basis for calculating the stamp duty and registration fees, which are mandatory during the registration process.

When a property is registered, the guideline value is considered to ensure that the transaction is documented accurately. Buyers and sellers must be aware of this value to understand their financial obligations during the property transaction.

Frequently asked questions

What is the current guideline value of Pattinathadigal Street (Ward -6)?

The current guideline value of Pattinathadigal Street (Ward -6) 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 2023 to Rs 1,320 per sq.ft in 2024, which is a 10% increase. From 2017 to 2023, it increased by 49%, and overall, from 2012 to 2024, it has increased by 10%.

What is the land classification of Pattinathadigal Street?

Pattinathadigal Street is classified as Residential Special Type - V under the Chengleput Joint II SRO.

What are the other guideline values in Kattankollatur?

The guideline values for other streets in Kattankollatur range from Rs 440 to Rs 3,612 per sq.ft, with the median being Rs 1,100 per sq.ft. Pattinathadigal Street's 2024 figure is above this median.

Where can I find the Sub Registrar Office for Pattinathadigal Street?

The Chengleput Joint II Sub Registrar Office covers Pattinathadigal Street and is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find your SRO for more details.