Guideline Value for Parveli Sandhu

Parveli Sandhu guideline value

The current guideline value of Parveli Sandhu is Rs 1,500 per sq.ft, effective from 1 July 2024. This street is located in Uthiramerur village, under the Uthiramerur SRO, and is classified as Commercial Class I Type - I.

How the guideline value of Parveli Sandhu has changed

The guideline value for Parveli Sandhu has seen several revisions over the years. In the 2007 revision, the guideline value was Rs 147 per sq.ft, which increased to Rs 800 per sq.ft in 2012. However, this was followed by a significant drop to Rs 536 per sq.ft in 2017. The guideline value then remained unchanged at Rs 1,500 per sq.ft for both the 2023 and 2024 revisions, reflecting a 180% increase from the 2017 figure.

Notably, there are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 920%.

Guideline values in Uthiramerur

In Uthiramerur, there are 180 streets under the Uthiramerur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 1,800 per sq.ft, with a median value of Rs 800 per sq.ft. The guideline value of Parveli Sandhu is above this median.

• Parvadharajakulath street @ Sembada street: Rs 1,000 per sq.ft (2024)
• ParuththiKollai: Rs 401 per sq.ft (2024)
• Pattancheri: Rs 700 per sq.ft (2024)
• Pattancheri East Street: Rs 700 per sq.ft (2024)
• Pattancheri Endathoor Road: Rs 700 per sq.ft (2024)
• Pattancheri Road: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Parveli Sandhu

For a 1,000 sq.ft plot at the current guideline value of Rs 1,500 per sq.ft, the total guideline value comes to Rs 15,00,000. The stamp duty at 7% would be Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, bringing the total to Rs 1,35,000. It is important to note that the 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 Parveli Sandhu?

The Sub Registrar Office that covers Parveli Sandhu is the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when registering property transactions in Uthiramerur. It determines the amount of stamp duty and registration fees that must be paid, which are calculated based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Parveli Sandhu?

The current guideline value of Parveli Sandhu is Rs 1,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 147 per sq.ft in 2007 to Rs 1,500 per sq.ft in 2024, marking an overall increase of 920% since 2007.

What are the stamp duty and registration fees for property in Parveli Sandhu?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 1,35,000.

Which Sub Registrar Office covers Parveli Sandhu?

The Uthiramerur Sub Registrar Office covers Parveli Sandhu, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406.

What is the land classification of Parveli Sandhu?

Parveli Sandhu is classified as Commercial Class I Type - I, which may affect its guideline value and usage in property transactions.