Guideline Value for POULTRY FARM QUARTERS (WARD -19)

Poultry Farm Quarters (Ward -19) guideline value

The current guideline value of Poultry Farm Quarters (Ward -19) is Rs 550 per sq.ft, effective from 1 July 2024. This area is located in Peramanoor village under the Chengleput Joint II SRO, classified as Residential Class II Type - II.

How the guideline value of Poultry Farm Quarters (Ward -19) has changed

The guideline value for Poultry Farm Quarters has seen several revisions over the years. In 2012, the value was Rs 500 per sq.ft, which then changed to Rs 335 per sq.ft in 2017. This was a decrease of 33%. The value increased significantly to Rs 500 per sq.ft in 2023, marking a 49% rise. The most recent revision in 2024 set the value at Rs 550 per sq.ft, reflecting a 10% increase from the previous year.

It should be noted that there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%.

Guideline values in Peramanoor

In Peramanoor, there are 430 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 550 to Rs 2,200 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, indicating that the Poultry Farm Quarters (Ward -19) guideline value is below this median.

• Post Office Street (Ward -15): Rs 550 per sq.ft (2024)
• Poyyamozhi Pulan Street (Per): Rs 1,320 per sq.ft (2024)
• Popayar Street (Ward -7): Rs 1,320 per sq.ft (2024)
• Poongundranar Street (Ward -7): Rs 1,320 per sq.ft (2024)
• Poombavaiyar Street (Ward -7): Rs 1,320 per sq.ft (2024)
• Ponniamman Koil Street Peramanur (Ward -15): Rs 661 per sq.ft (2024)

Stamp duty and registration fee for property in Poultry Farm Quarters (Ward -19)

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value amounts to Rs 5,50,000. The stamp duty is calculated at 7%, which is Rs 38,500, and the registration fee is 2%, amounting to Rs 11,000. Together, these fees total Rs 49,500. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Poultry Farm Quarters (Ward -19)?

The Poultry Farm Quarters (Ward -19) falls under 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 further assistance.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Peramanoor. It serves as a reference point for determining the stamp duty and registration fees applicable to the transaction.

Frequently asked questions

What is the current guideline value of Poultry Farm Quarters (Ward -19)?

The current guideline value of Poultry Farm Quarters (Ward -19) is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then to Rs 500 per sq.ft in 2023, and finally to Rs 550 per sq.ft in 2024.

What are the other streets in Peramanoor with their guideline values?

Other streets in Peramanoor include Post Office Street (Ward -15) at Rs 550 per sq.ft, Poyyamozhi Pulan Street at Rs 1,320 per sq.ft, and Ponniamman Koil Street Peramanur (Ward -15) at Rs 661 per sq.ft, among others.

What is the stamp duty rate for properties in Poultry Farm Quarters (Ward -19)?

The stamp duty rate for properties in Poultry Farm Quarters (Ward -19) is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Chengleput Joint II Sub Registrar Office?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can also find your SRO online for more information.