Guideline Value for PEYARIDAPADATHA MANAIPIRIVU

Peyaridapadatha Manaipirivu guideline value

The current guideline value of Peyaridapadatha Manaipirivu is Rs 1,320 per sq.ft, effective from 1 July 2024. This area is situated in Mevaloorkuppam B village and falls under the Sriperumpudur SRO. The land classification for this street is Residential Special Type - I.

How the guideline value of Peyaridapadatha Manaipirivu has changed

The guideline value for Peyaridapadatha Manaipirivu has undergone several revisions over the years. The register does not provide figures for the years 2002, 2003, 2007, 2012, and 2017. In 2023, the guideline value was Rs 1,200 per sq.ft, and in the latest 2024 revision, it increased to Rs 1,320 per sq.ft, marking a change of +10% from the previous year.

With the 2024 revision, the current guideline value reflects the ongoing adjustments in property valuation. The increase from Rs 1,200 to Rs 1,320 indicates a significant update in the valuation of properties in this area.

Guideline values in Mevaloorkuppam B

In Mevaloorkuppam B, there are 84 streets under the Sriperumpudur SRO with a 2024 guideline value ranging from Rs 100 to Rs 6,200 per sq.ft. The median value for these streets is Rs 400 per sq.ft, making Peyaridapadatha Manaipirivu's 2024 figure of Rs 1,320 per sq.ft notably above the median.

• Perumal Koil Street: Rs 400 per sq.ft (2024)
• Poongani Amman Nagar: Rs 100 per sq.ft (2024)
• Prasad Nagar: Rs 1,320 per sq.ft (2024)
• Pallikuda Street: Rs 400 per sq.ft (2024)
• Raghavendra Nagar: Rs 1,320 per sq.ft (2024)
• Rainbow Nagar: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Peyaridapadatha Manaipirivu

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, totaling Rs 1,18,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Peyaridapadatha Manaipirivu?

The Peyaridapadatha Manaipirivu area is covered by the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Mevaloorkuppam B. It is used to determine the stamp duty and registration fees payable during the buying or selling process. Buyers and sellers must consider the guideline value as it reflects the official valuation set by the government.

When registering a property, the guideline value is essential for calculating the total costs involved. It ensures that the transaction is recorded at a value recognized by the authorities, which helps maintain transparency in property dealings.

Frequently asked questions

What is the current guideline value of Peyaridapadatha Manaipirivu?

The current guideline value of Peyaridapadatha Manaipirivu is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen an increase from Rs 1,200 per sq.ft in 2023 to Rs 1,320 per sq.ft in 2024, marking a change of +10%. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Peyaridapadatha Manaipirivu?

The land classification for Peyaridapadatha Manaipirivu is Residential Special Type - I, which indicates its designated use for residential purposes.

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

For a property valued at Rs 13,20,000, the stamp duty would be Rs 92,400 at 7%, and the registration fee would be Rs 26,400 at 2%, totaling Rs 1,18,800. These fees are based on the higher of the guideline value or the sale price.

Where can I find more information about the Sub Registrar Office?

The Sriperumpudur Sub Registrar Office covers Peyaridapadatha Manaipirivu, and its address is 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. More details can be found by visiting the link to find your SRO.