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Guideline Value

Corporate

Guideline Value for Padavatamman Koil 1st lane

₹2500/sq.ft.

The guideline value for Padavatamman Koil 1st Lane in Chindadripet village (Periamet SRO, Chennai zone) is Rs 2500 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Chindadripet

Village

Periamet

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹2500 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
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)

1103, Poonamallee High Road, Chennai-600 003.
044-25612486
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Padavatamman Koil 1st Lane

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Padavatamman Koil 1st lane guideline value

The current guideline value of Padavatamman Koil 1st lane is Rs 2,500 per sq.ft, effective from 1 July 2024. This street is located in Chindadripet village, under the Periamet SRO, and is classified as Residential Class IV Type - I.

How the guideline value of Padavatamman Koil 1st lane has changed

The guideline value register for Padavatamman Koil 1st lane does not contain figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision is from 2024, which sets the guideline value at Rs 2,500 per sq.ft.

Prior to the 2024 revision, there were no figures available for this street in the guideline value register. Therefore, there have been no changes in the guideline value between these revisions.

Guideline values in Chindadripet

In Chindadripet, there are 98 streets under the Periamet SRO that carry a 2024 guideline value ranging from Rs 2,500 to Rs 18,100 per sq.ft, with a median of Rs 3,300 per sq.ft. The guideline value for Padavatamman Koil 1st lane is below this median.

Stamp duty and registration fee for property in Padavatamman Koil 1st lane

For a 1,000 sq.ft plot at the current guideline value of Rs 2,500 per sq.ft, the total guideline value amounts to Rs 25,00,000. The stamp duty at 7% would be Rs 1,75,000, and the registration fee at 2% would be Rs 50,000, bringing the total fees to Rs 2,25,000. Duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for accurate calculations based on the current rates.

Which Sub Registrar Office covers Padavatamman Koil 1st lane?

The Padavatamman Koil 1st lane is covered by the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process of property transactions in Chindadripet. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives appropriate revenue from property sales.

When buying or selling property, the guideline value helps determine the minimum price at which a property can be registered. It is essential for both buyers and sellers to be aware of these values to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Padavatamman Koil 1st lane?

The current guideline value of Padavatamman Koil 1st lane is Rs 2,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There are no figures available for the years 2002, 2003, 2007, 2012, 2017, and 2023 for Padavatamman Koil 1st lane. The most recent revision is from 2024, which sets the guideline value at Rs 2,500 per sq.ft.

What are the other streets in Chindadripet with guideline values?

Other streets in Chindadripet include Padavatamman koil East Street and Padavatamman Koil North Street, both valued at Rs 2,500 per sq.ft, and several others valued higher. The guideline values range from Rs 2,500 to Rs 18,100 per sq.ft.

What is the stamp duty for purchasing property in Padavatamman Koil 1st lane?

The stamp duty for purchasing property in Padavatamman Koil 1st lane is 7% of the guideline value. For example, on a 1,000 sq.ft plot valued at Rs 25,00,000, the stamp duty would be Rs 1,75,000.

Where can I find the Sub Registrar Office for Padavatamman Koil 1st lane?

The Sub Registrar Office covering Padavatamman Koil 1st lane is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003. You can find more information on how to locate your SRO.