Guideline Value for PJR TEMPLE GATE

Pjr Temple Gate guideline value

The current guideline value of Pjr Temple Gate is Rs 500 per sq.ft, effective from 1 July 2024. This street is located in Pazhayaseevaram -A village under the Walajabad SRO and is classified as Residential Class I Type - I.

How the guideline value of Pjr Temple Gate has changed

In the 2017 revision, the guideline value was Rs 335 per sq.ft. This figure remained unchanged in the subsequent revisions of 2023 and 2024, which both recorded a guideline value of Rs 500 per sq.ft. Therefore, from 2017 to 2023, there was a 49% increase in the guideline value, and this increase was maintained through to 2024, resulting in an overall increase of 49% from the 2017 figure.

The register has no figures for the years 2002, 2003, 2007, and 2012 for this street. Thus, the only revisions available are from 2017, 2023, and 2024, showing a consistent value of Rs 500 per sq.ft from 2023 to 2024.

Guideline values in Pazhayaseevaram -A

Pazhayaseevaram -A has 26 streets under the Walajabad SRO with a 2024 guideline value ranging from Rs 200 to Rs 500 per sq.ft. The median value for these streets is Rs 350 per sq.ft, indicating that Pjr Temple Gate's guideline value is above this median.

• Pazhayaseevaram Madhura Sankarapuram: Rs 250 per sq.ft (2024)
• Palm Avenue Part-I,II,III: Rs 400 per sq.ft (2024)
• Royal Avenue-II: Rs 250 per sq.ft (2024)
• Sri Arunachala City Phase-III: Rs 200 per sq.ft (2024)
• Sri Arunachalacity Phase-IV: Rs 500 per sq.ft (2024)
• Sri Balaji Nagar: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Pjr Temple Gate

For a 1,000 sq.ft plot at the current rate of Rs 500 per sq.ft, the guideline value would be Rs 5,00,000. The stamp duty at 7% would amount to Rs 35,000, and the registration fee at 2% would be Rs 10,000, totaling Rs 45,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Pjr Temple Gate?

The Pjr Temple Gate is covered by the Walajabad Sub Registrar Office located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Pazhayaseevaram -A. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the government receives the appropriate revenue from property transactions.

When buying or selling property, it is essential to be aware of the guideline value, as it can impact the overall costs involved in the transaction. Buyers should consider this value to ensure they are prepared for the associated fees during the registration process.

Frequently asked questions

What is the current guideline value of Pjr Temple Gate?

The current guideline value of Pjr Temple Gate is Rs 500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 335 per sq.ft in 2017 to Rs 500 per sq.ft in both 2023 and 2024, marking a 49% increase overall from 2017 to 2024.

What are the guideline values of other streets in Pazhayaseevaram -A?

Other streets in Pazhayaseevaram -A have guideline values ranging from Rs 200 to Rs 500 per sq.ft, with a median value of Rs 350 per sq.ft.

What are the stamp duty and registration fees for property transactions?

The stamp duty is charged at 7%, and the registration fee is charged at 2% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Pjr Temple Gate?

The Walajabad Sub Registrar Office covers Pjr Temple Gate and is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.