Guideline Value for PEPRIAR NAGAR 3TH STREET

Pepriar Nagar 3th Street guideline value

The current guideline value of Pepriar Nagar 3th Street is Rs 988 per sq.ft, effective from 1 July 2024. This street is located in Tiruttani village under the Thiruttani SRO, and it falls under the Residential Class II Type - I land classification.

How the guideline value of Pepriar Nagar 3th Street has changed

Since the 2017 revision, the guideline value for Pepriar Nagar 3th Street has increased significantly. The 2017 revision recorded a value of Rs 603 per sq.ft, which rose to Rs 900 per sq.ft in 2023, marking a 49% increase. The current 2024 revision shows a further increase to Rs 988 per sq.ft, which is a 10% rise from the previous year.

Overall, from 2017 to 2024, 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 have a 2024 guideline value ranging from Rs 548 to Rs 1,540 per sq.ft. The median value is Rs 825 per sq.ft, and Pepriar Nagar 3th Street's 2024 figure of Rs 988 per sq.ft is above this median.

• Pepriar Nagar 2nd Street: Rs 988 per sq.ft (2024)
• Pepriar Nagar 4th Street: Rs 988 per sq.ft (2024)
• Pepriar Nagar 5th Street: Rs 988 per sq.ft (2024)
• Pepriar Nagar 6th Street: Rs 988 per sq.ft (2024)
• Pepriar Nagar 8th Street: Rs 988 per sq.ft (2024)
• Pepria Street: Rs 1,099 per sq.ft (2024)

Stamp duty and registration fee for property in Pepriar Nagar 3th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total guideline value amounts to Rs 9,88,000. The stamp duty at 7% would be Rs 69,160, and the registration fee at 2% would be Rs 19,760, bringing the total fees to Rs 88,920. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Pepriar Nagar 3th Street?

The Pepriar Nagar 3th Street is covered by 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 transactions in Tiruttani, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices to ensure compliance with local regulations.

When registering a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the transaction is recorded accurately and reflects the appropriate fees payable to the government.

Frequently asked questions

What is the current guideline value of Pepriar Nagar 3th Street?

The current guideline value of Pepriar Nagar 3th Street is Rs 988 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 603 per sq.ft to Rs 988 per sq.ft in 2024, marking a total increase of 64% over this period.

What are the stamp duty rates for properties in Pepriar Nagar 3th Street?

The stamp duty for properties in Pepriar Nagar 3th Street is charged at a rate of 7% on the guideline value or sale price, whichever is higher.

Which Sub Registrar Office handles registrations for Pepriar Nagar 3th Street?

The Thiruttani Sub Registrar Office handles registrations for Pepriar Nagar 3th Street, located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209.

Is there a calculator for stamp duty and registration fees?

Yes, there is a stamp duty and registration fee calculator available for users to estimate their fees based on the guideline value.