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 Peramanoor 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 undergone several revisions over the years. The 2012 revision set the value at Rs 1,600 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 1,072 per sq.ft. However, from 2017 to 2023, the value increased significantly to Rs 1,600 per sq.ft, marking a 49% rise. The most recent revision in 2024 has further increased the value to Rs 1,760 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Peramanoor

In Peramanoor, there are 430 streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 550 to Rs 2,200 per sq.ft. The median value 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 1,320 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)
• 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 amounts to Rs 17,60,000. The stamp duty at 7% would be Rs 1,23,200, and the registration fee at 2% would be Rs 35,200, leading to a total of 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.

For more information, you can use the stamp duty and registration fee calculator.

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

The Pattukottai Kalyana Sundaram Salai (Ward -8) is covered by 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 details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Peramanoor. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized valuation.

When a property transaction occurs, the guideline value is assessed to determine the applicable fees. Buyers and sellers must be aware of these values to ensure compliance with local regulations and to understand the financial implications of their transactions.

Frequently asked questions

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

The current guideline value of 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 up 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.

Where can I find the Chengleput Joint II Sub Registrar Office?

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

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 17,60,000, the stamp duty at 7% would be Rs 1,23,200.