Guideline Value for PEPRIA STREET

Pepria Street guideline value

The current guideline value of Pepria Street in Tiruttani village, under the Thiruttani SRO, is Rs 1,099 per sq.ft as per the 2024 revision. This street falls under the Residential Class I Type - I land classification.

How the guideline value of Pepria Street has changed

The guideline value for Pepria Street has undergone several revisions over the years. In the 2017 revision, the value was set at Rs 670 per sq.ft. This increased to Rs 1,000 per sq.ft in the 2023 revision, marking a significant rise of 49%. The latest revision in 2024 has further increased the guideline value to Rs 1,099 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%. It is important to note that the register has no figures 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 guideline value for these streets is Rs 825 per sq.ft, placing Pepria Street's 2024 figure above this median.

• Pepriar Nagar 8th Street: Rs 988 per sq.ft (2024)
• Pepriar Nagar 6th Street: Rs 988 per sq.ft (2024)
• Pepriar Nagar 5th Street: Rs 988 per sq.ft (2024)
• Pepriar Nagar 4th Street: Rs 988 per sq.ft (2024)
• Pepriar Nagar 3th Street: Rs 988 per sq.ft (2024)
• Pepriar Nagar 2nd Street: Rs 988 per sq.ft (2024)

Stamp duty and registration fee for property in Pepria Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,099 per sq.ft, the total guideline value amounts to Rs 10,99,000. The stamp duty at 7% would be Rs 76,930, and the registration fee at 2% would be Rs 21,980, making the total charges Rs 98,910. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Pepria Street?

The Sub Registrar Office that covers Pepria Street 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 information.

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

The guideline value is a crucial factor during property registration in Tiruttani. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction. Buyers and sellers must consider this value to ensure compliance with local regulations when finalizing property deals.

When a property is sold, the guideline value helps to establish the minimum value at which the property can be registered. This ensures that the government receives the appropriate taxes based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Pepria Street?

The current guideline value of Pepria Street is Rs 1,099 per sq.ft as per the 2024 revision.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 670 per sq.ft to Rs 1,099 per sq.ft in 2024, marking a total increase of 64% over this period.

What is the land classification for Pepria Street?

Pepria Street falls under the Residential Class I Type - I land classification.

What are the stamp duty and registration fees for properties on Pepria Street?

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 10,99,000, the total charges would be Rs 98,910.

Where is the Sub Registrar Office for Pepria Street 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.