Guideline Value for PATTUKOTTAI KALYANA SUNDARAM SALAI (WARD -8)

Pattukottai Kalyana Sundaram Salai (Ward -8) guideline value

The current guideline value of Pattukottai Kalyana Sundaram Salai (Ward -8) is Rs 1,760 per sq.ft, effective from 1 July 2024. This street is located in Ninna Karai village, under the Chengleput Joint II SRO, and is classified as Residential Special Type - III.

How the guideline value of Pattukottai Kalyana Sundaram Salai (Ward -8) has changed

The guideline value for Pattukottai Kalyana Sundaram Salai has seen several revisions over the years. In 2012, the value was Rs 1,600 per sq.ft, which then decreased to Rs 1,072 per sq.ft in 2017, marking a decline of 33%. The value increased significantly to Rs 1,600 per sq.ft in 2023, and then rose again to Rs 1,760 per sq.ft in 2024, showing a 10% increase from the previous year.

From 2017 to 2023, there was a notable increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. It is important to note that the register has no figures for this street in the years 2002, 2003, and 2007.

Guideline values in Ninna Karai

Ninna Karai village has a total of 449 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 440 to Rs 3,500 per sq.ft. The median guideline value for these streets is Rs 1,100 per sq.ft, placing Pattukottai Kalyana Sundaram Salai's 2024 figure above this median.

• Pattukottai Alagiri Street (Ward -8): Rs 1,760 per sq.ft (2024)
• Pattinathadigal Street (Ward -6): Rs 1,321 per sq.ft (2024)
• Pavendar Salai (Ward -4): Rs 1,980 per sq.ft (2024)
• Peialwar Street (Ward -5): Rs 1,321 per sq.ft (2024)
• Peramanor Union Road (Per): Rs 990 per sq.ft (2024)
• Perarignar Anna Salai (Ward -6): Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Pattukottai Kalyana Sundaram Salai (Ward -8)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,760 per sq.ft, the total guideline value would be Rs 17,60,000. The stamp duty at 7% would amount to Rs 1,23,200, while the registration fee at 2% would be Rs 35,200, bringing the total fees together to Rs 1,58,400. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Pattukottai Kalyana Sundaram Salai (Ward -8)?

The Pattukottai Kalyana Sundaram Salai (Ward -8) falls under 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 Ninna Karai

The guideline value plays a crucial role during property transactions in Ninna Karai. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that need to be paid during the registration process.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the overall cost of the transaction. The guideline value ensures that the property is assessed fairly and consistently across the region.

Frequently asked questions

What is the current guideline value of Pattukottai Kalyana Sundaram Salai?

The current guideline value for Pattukottai Kalyana Sundaram Salai (Ward -8) is Rs 1,760 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,600 per sq.ft in 2012 to Rs 1,072 per sq.ft in 2017, then to Rs 1,600 per sq.ft in 2023, and finally to Rs 1,760 per sq.ft in 2024.

What is the land classification for Pattukottai Kalyana Sundaram Salai?

Pattukottai Kalyana Sundaram Salai is classified as Residential Special Type - III. This classification indicates the type of development that is permitted in this area.

What is the median guideline value for streets in Ninna Karai?

The median guideline value for streets in Ninna Karai is Rs 1,100 per sq.ft. The guideline value for Pattukottai Kalyana Sundaram Salai is above this median.

Where is the Chengleput Joint II Sub Registrar Office located?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.