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 the 2024 revision. This street is located in Kadampur village under the Chengleput Joint II SRO, and the land classification is Residential Special Type - I.

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

The guideline value for Peraringar Anna Salai has undergone several revisions over the years. In the 2012 revision, the value was Rs 2,000 per sq.ft, which decreased to Rs 1,340 per sq.ft in the 2017 revision. This marked a decrease of 33%. However, from 2017 to 2023, the value increased significantly by 49% to reach Rs 2,000 per sq.ft. The most recent revision in 2024 set the guideline value at Rs 2,200 per sq.ft, reflecting a 10% increase from the previous year.

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

Guideline values in Kadampur

In Kadampur, there are 44 streets under the Chengleput Joint II SRO that carry a 2024 guideline value, ranging from Rs 385 to Rs 2,200 per sq.ft. The median value for these streets is Rs 551 per sq.ft, indicating that Peraringar Anna Salai's 2024 figure is significantly above this median.

• Peria Palayathamman Koil Street (Ward -9): Rs 551 per sq.ft (2024)
• Perumal Koil Street (Ward -9): Rs 551 per sq.ft (2024)
• Pillaiyar Koil Street (Ward -9): Rs 551 per sq.ft (2024)
• Palayathamman Koil Street (Ward -9): Rs 551 per sq.ft (2024)
• Padavattamman Koil Street (Ward -9): Rs 551 per sq.ft (2024)
• Nehru Nagar (Ward -9): Rs 551 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 amounts to Rs 22,00,000. The stamp duty, charged at 7%, would be Rs 1,54,000, while the registration fee at 2% would be Rs 44,000. Together, the total fees would be Rs 1,98,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

For more information, 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 details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kadampur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official records.

When a property is sold, the guideline value helps in calculating the stamp duty and registration fees that need to be paid. This ensures that both the buyer and seller comply with the legal requirements during the transaction.

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 the 2024 revision.

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 increased 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?

The land classification for Peraringar Anna Salai (Ward -9) is Residential Special Type - I.

What is the registration office for Peraringar Anna Salai?

The Chengleput Joint II Sub Registrar Office covers Peraringar Anna Salai, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

How is stamp duty calculated for properties in Peraringar Anna Salai?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000 at a rate of 7%.