Guideline Value for PILLAYAR KOIL ST

Pillayar Koil St guideline value

The current guideline value of Pillayar Koil St is Rs 440 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village under the Avadi SRO and falls under the Residential Class III Type - III land classification.

How the guideline value of Pillayar Koil St has changed

The guideline value for Pillayar Koil St has undergone several revisions over the years. The earliest recorded revision was in 2017, where the value was Rs 268 per sq.ft. This increased to Rs 400 per sq.ft in 2023, marking a significant rise of 49%. The most recent revision in 2024 set the guideline value at Rs 440 per sq.ft, reflecting a 10% increase from the previous year.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 64%, showcasing a steady rise in the valuation of the property.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft, with a median value of Rs 750 per sq.ft. Pillayar Koil St's current guideline value is below this median.

• Police Quarters St: Rs 750 per sq.ft (2024)
• Ponniyamman Nagar: Rs 750 per sq.ft (2024)
• Perumal Koil St, North-South,East-West Madaveethi: Rs 840 per sq.ft (2024)
• Periyar Street: Rs 440 per sq.ft (2024)
• Prakasam Nagar: Rs 750 per sq.ft (2024)
• Prakash Nagar Phase-(I-III Part Including): Rs 1,400 per sq.ft (2024)

Stamp duty and registration fee for property in Pillayar Koil St

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value amounts to Rs 4,40,000. The stamp duty at 7% would be Rs 30,800, and the registration fee at 2% would be Rs 8,800, bringing the total fees to Rs 39,600. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Pillayar Koil St?

The Sub Registrar Office that covers Pillayar Koil St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Thiruninravur-A

The guideline value is a crucial factor during the registration of property transactions in Thiruninravur-A. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of property registration.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair valuation, which helps in maintaining transparency in property dealings. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Pillayar Koil St?

The current guideline value of Pillayar Koil St is Rs 440 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 268 per sq.ft in 2017 to Rs 400 per sq.ft in 2023, and then to Rs 440 per sq.ft in 2024. This marks an overall increase of 64% from 2017 to 2024.

What are the stamp duty and registration fees for property in Pillayar Koil St?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 30,800, and the registration fee would be Rs 8,800, totaling Rs 39,600.

Which Sub Registrar Office covers Pillayar Koil St?

The Avadi Sub Registrar Office covers Pillayar Koil St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District.

What is the land classification for Pillayar Koil St?

Pillayar Koil St is classified as Residential Class III Type - III, indicating its suitability for residential development.