Guideline Value for Pachaiamman Koil Street

Pachaiamman Koil Street guideline value

The current guideline value of Pachaiamman Koil Street is Rs 150 per sq.ft. This street is located in Amarampedu village under the Sriperumpudur SRO, classified as Residential Class II Type - I.

How the guideline value of Pachaiamman Koil Street has changed

Looking at the historical revisions, the guideline value for Pachaiamman Koil Street was Rs 150 per sq.ft in the 2024 revision, which is effective from 1 July 2024. The 2023 revision also listed the value at Rs 150 per sq.ft. Prior to that, in the 2017 revision, the value was Rs 100 per sq.ft, indicating a 50% increase from 2017 to 2023. In the 2012 revision, the value was Rs 150 per sq.ft, which shows a decrease of 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has remained at Rs 150 per sq.ft.

There are no figures available for the revisions in 2002, 2003, and 2007 for Pachaiamman Koil Street.

Guideline values in Amarampedu

In Amarampedu, there are 45 streets under the Sriperumpudur SRO that have a 2024 guideline value ranging from Rs 100 to Rs 500 per sq.ft, with a median value of Rs 200 per sq.ft. The guideline value for Pachaiamman Koil Street is below this median.

• N.S.C. Bose Street: Rs 150 per sq.ft (2024)
• N.S.A. Nagar: Rs 150 per sq.ft (2024)
• Parvathi Nagar Extn: Rs 350 per sq.ft (2024)
• Parvathi Nagar Part 1: Rs 350 per sq.ft (2024)
• Parvathi Nagar Part 2: Rs 350 per sq.ft (2024)
• Perumal Koil Street: Rs 350 per sq.ft (2024)

Stamp duty and registration fee for property in Pachaiamman Koil Street

For a 1,000 sq.ft plot at the current rate of Rs 150 per sq.ft, the guideline value would be Rs 1,50,000. The stamp duty at 7% would be Rs 10,500, and the registration fee at 2% would be Rs 3,000, bringing the total to Rs 13,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Pachaiamman Koil Street?

The Sub Registrar Office that covers Pachaiamman Koil Street is 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 Amarampedu

The guideline value serves as a benchmark for property transactions in Amarampedu. It is used to calculate the stamp duty and registration fees when a property is bought or sold, ensuring that these fees are based on a standardized value.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to determine the applicable duties. This process helps maintain transparency and fairness in property transactions.

Frequently asked questions

What is the current guideline value of Pachaiamman Koil Street?

The current guideline value of Pachaiamman Koil Street is Rs 150 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, with the most recent values being Rs 150 per sq.ft in both 2024 and 2023, and Rs 100 per sq.ft in 2017. The value decreased from Rs 150 per sq.ft in 2012 to Rs 100 per sq.ft in 2017.

What is the stamp duty rate for properties in Pachaiamman Koil Street?

The stamp duty rate for properties in Pachaiamman Koil Street is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Pachaiamman Koil Street?

The Sub Registrar Office for Pachaiamman Koil Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

What is the land classification for Pachaiamman Koil Street?

Pachaiamman Koil Street is classified as Residential Class II Type - I, indicating its suitability for residential purposes.