Guideline Value for PILLAIYAR KOIL STREET (CHEN)
₹660/sq.ft.
The guideline value for Pillaiyar Koil Street (chen) in Sengundram - 1 village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Sengundram - 1
Village
Chengleput Joint II
SRO
Residential Class I Type - III
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹660 /sq.ft. |
| From 1-4-2023 | ₹600 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹402 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹600 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | N/A |
| From 1-4-2003 To 31-7-2007 | N/A |
| From 1-4-2002 To 31-3-2003 | N/A |
Guideline Value Timeline
Guideline Value Comparison
SRO (Sub Registrar Office)
10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Pillaiyar Koil Street (chen)
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Chengleput Joint Ii sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Pillaiyar Koil Street (Chen) guideline value
The current guideline value of Pillaiyar Koil Street (Chen) is Rs 660 per sq.ft, effective from 1 July 2024. This street is located in Sengundram - 1 village under the Chengleput Joint II SRO and is classified as Residential Class I Type - III.
How the guideline value of Pillaiyar Koil Street (Chen) has changed
The guideline value for Pillaiyar Koil Street (Chen) has undergone several revisions over the years. The 2012 revision set the value at Rs 600 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 402 per sq.ft, marking a decline of 33%. In 2023, the value increased to Rs 600 per sq.ft, and in the latest 2024 revision, it rose again to Rs 660 per sq.ft, reflecting a 10% increase from the previous year.
Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. The 2023 to 2024 change was an increase of 10%, while the change from 2017 to 2023 saw a significant increase of 49%. The register has no figures for the years 2002, 2003, and 2007 for this street.
Guideline values in Sengundram - 1
In Sengundram - 1, there are 126 streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 660 to Rs 3,285 per sq.ft. The median value for these streets is Rs 880 per sq.ft, placing Pillaiyar Koil Street (Chen) below this median.
- Platinam County (Chen): Rs 1,100 per sq.ft (2024)
- Platinum Premium County (Chen): Rs 1,100 per sq.ft (2024)
- Poompugar Nagar (Chen): Rs 660 per sq.ft (2024)
- Periya Chenkundram (Chen): Rs 660 per sq.ft (2024)
- Prema Nagar (Chen): Rs 660 per sq.ft (2024)
- Parthasarathi Nagar (Chen): Rs 880 per sq.ft (2024)
Stamp duty and registration fee for property in Pillaiyar Koil Street (Chen)
For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value amounts to Rs 6,60,000. The stamp duty at 7% would be Rs 46,200, and the registration fee at 2% would be Rs 13,200, bringing the total cost for these fees to Rs 59,400. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Pillaiyar Koil Street (Chen)?
The Sub Registrar Office covering Pillaiyar Koil Street (Chen) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, within the Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Sengundram - 1
The guideline value plays a crucial role in the registration process when buying or selling property in Sengundram - 1. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.
When a property is registered, the guideline value is considered to ensure that the correct fees are applied. Buyers and sellers should be aware that the fees are based on the higher of the guideline value or the sale price, ensuring transparency in property transactions.
Frequently asked questions
What is the current guideline value of Pillaiyar Koil Street (Chen)?
The current guideline value of Pillaiyar Koil Street (Chen) is Rs 660 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then back to Rs 600 per sq.ft in 2023, and finally to Rs 660 per sq.ft in 2024. The overall change from 2012 to 2024 is an increase of 10%.
What is the land classification of Pillaiyar Koil Street (Chen)?
Pillaiyar Koil Street (Chen) is classified as Residential Class I Type - III. This classification is important for determining the usage and development of the land.
Where can I find the Chengleput Joint II SRO?
The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. This office handles registrations for properties in the area.
How is stamp duty calculated for properties in Sengundram - 1?
Stamp duty for properties in Sengundram - 1 is calculated based on the guideline value or the sale price, whichever is higher. The current rate for stamp duty is 7%, while the registration fee is 2% of the guideline value.
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