Guideline Value for PERARINGAR ANNA SALAI (WARD -9)

Peraringar Anna Salai (Ward -9) guideline value

The current guideline value of Peraringar Anna Salai (Ward -9) is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Goodaloor village under the Chengleput Joint II SRO, classified as Residential Special Type - I.

How the guideline value of Peraringar Anna Salai (Ward -9) has changed

The guideline value for Peraringar Anna Salai has seen several revisions over the years. The earliest recorded figure is from 2012, which was Rs 2,000 per sq.ft. This was followed by a decrease to Rs 1,340 per sq.ft in 2017. The 2023 revision brought the value back up to Rs 2,000 per sq.ft, and the most recent revision in 2024 increased it to Rs 2,200 per sq.ft, marking a 10% increase from the previous year.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased significantly by 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Goodaloor

In Goodaloor, there are 53 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 385 to Rs 2,510 per sq.ft, with a median value of Rs 660 per sq.ft. The guideline value for Peraringar Anna Salai is above this median.

• Peria Palayathamman Koil Street (Ward -9): Rs 550 per sq.ft (2024)
• Perumal Koil Street (Ward -9): Rs 550 per sq.ft (2024)
• Pillaiyar Koil Street (Ward -9): Rs 550 per sq.ft (2024)
• Palayathamman Koil Street (Ward -9): Rs 550 per sq.ft (2024)
• Padavattamman Koil Street (Ward -9): Rs 550 per sq.ft (2024)
• Nehru Nagar (Ward -9): Rs 660 per sq.ft (2024)

Stamp duty and registration fee for property in Peraringar Anna Salai (Ward -9)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value is Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000. Together, the total charges would be Rs 1,98,000. Please note that the 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 Peraringar Anna Salai (Ward -9)?

The Sub Registrar Office that covers Peraringar Anna Salai (Ward -9) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Goodaloor. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When you register a property, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Peraringar Anna Salai (Ward -9)?

The current guideline value of Peraringar Anna Salai (Ward -9) is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,000 per sq.ft in 2012 to Rs 1,340 per sq.ft in 2017, then back to Rs 2,000 per sq.ft in 2023, and finally to Rs 2,200 per sq.ft in 2024.

What is the land classification for Peraringar Anna Salai?

Peraringar Anna Salai is classified as Residential Special Type - I under the Chengleput Joint II SRO.

What are the guideline values for other streets in Goodaloor?

Other streets in Goodaloor have varying guideline values. For instance, Peria Palayathamman Koil Street, Perumal Koil Street, Pillaiyar Koil Street, Palayathamman Koil Street, and Padavattamman Koil Street all have a guideline value of Rs 550 per sq.ft in 2024, while Nehru Nagar has a value of Rs 660 per sq.ft.

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. You can find more information by visiting the appropriate link.