Guideline Value for PERAMBUR HIGH ROAD (B&C MILL GATE TO TOLL GATE) SOUTH SIDE

Perambur High Road (B&c Mill Gate To Toll Gate) South Side guideline value

The current guideline value of Perambur High Road (B&c Mill Gate To Toll Gate) South Side is Rs 6,500 per sq.ft, effective from 1 July 2024. This property is located in Perambur village, under the Purasaivakkam SRO, and is classified as Commercial Special Type - I.

How the guideline value of Perambur High Road (B&c Mill Gate To Toll Gate) South Side has changed

Since the 2007 revision, the guideline value has seen significant changes. In 2007, the guideline value was Rs 1,400 per sq.ft, which increased to Rs 6,000 per sq.ft in 2012, marking a substantial rise of 329%. The value remained unchanged at Rs 6,000 per sq.ft until the 2023 revision, when it increased to Rs 6,500 per sq.ft, representing an 8% increase.

Overall, from 2007 to 2024, the guideline value has increased by 364%. The revisions for the years 2017, 2003, and 2002 have no figures recorded for this street.

Guideline values in Perambur

In Perambur, there are 1,114 streets under the Purasaivakkam SRO with a 2024 guideline value ranging from Rs 1,600 to Rs 7,100 per sq.ft, with a median value of Rs 2,700 per sq.ft. The guideline value for Perambur High Road (B&c Mill Gate To Toll Gate) South Side is above this median.

• Perambur High Road 2nd Street: Rs 5,500 per sq.ft (2024)
• Perambur High Road Lane: Rs 5,500 per sq.ft (2024)
• Perambur High Road 2nd Lane: Rs 5,500 per sq.ft (2024)
• Perambur High Road (Perambur Railway Station To Vyasarpadi Railway Station) North Side: Rs 6,500 per sq.ft (2024)
• Perambur Highroad 2nd Cross Street: Rs 5,500 per sq.ft (2024)
• Perambur High Road 1st Street: Rs 5,500 per sq.ft (2024)

Stamp duty and registration fee for property in Perambur High Road (B&c Mill Gate To Toll Gate) South Side

For a 1,000 sq.ft plot at the current rate of Rs 6,500 per sq.ft, the guideline value amounts to Rs 65,00,000. The stamp duty at 7% would be Rs 4,55,000, and the registration fee at 2% would be Rs 1,30,000, bringing the total to Rs 5,85,000. 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 information.

Which Sub Registrar Office covers Perambur High Road (B&c Mill Gate To Toll Gate) South Side?

The Sub Registrar Office that covers Perambur High Road (B&c Mill Gate To Toll Gate) South Side is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for additional details.

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

The guideline value plays a crucial role during the registration of property transactions in Perambur. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that the transaction is legally compliant and accurately recorded.

When buying or selling property, it is essential to be aware of the current guideline value, as it directly influences the costs associated with the transaction. Buyers should ensure that they are informed about the guideline value to avoid any unexpected fees during the registration process.

Frequently asked questions

What is the current guideline value of Perambur High Road (B&c Mill Gate To Toll Gate) South Side?

The current guideline value of Perambur High Road (B&c Mill Gate To Toll Gate) South Side is Rs 6,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,400 per sq.ft in 2007 to Rs 6,500 per sq.ft in 2024, marking an overall increase of 364% over the years.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 65,00,000, the stamp duty would be Rs 4,55,000 and the registration fee would be Rs 1,30,000, totaling Rs 5,85,000.

Which office handles the registration of properties in Perambur?

The Purasaivakkam Sub Registrar Office handles the registration of properties in Perambur. It is located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

What is the land classification for Perambur High Road (B&c Mill Gate To Toll Gate) South Side?

The land classification for Perambur High Road (B&c Mill Gate To Toll Gate) South Side is Commercial Special Type - I.