Guideline Value for Pathiratchi Amman Koil Street

Pathiratchi Amman Koil Street guideline value

The current guideline value of Pathiratchi Amman Koil Street is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Sengadu village, under the Sriperumpudur SRO, and falls under the Residential Class I Type - I land classification.

How the guideline value of Pathiratchi Amman Koil Street has changed

Over the years, the guideline value for Pathiratchi Amman Koil Street has seen several revisions. The 2012 revision set the value at Rs 200 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 134 per sq.ft. Following this, the 2023 revision brought the value back to Rs 200 per sq.ft, which has been maintained in the 2024 revision, showing no change from the previous year. The register has no figure for the years 2002, 2003, and 2007.

In summary, from 2012 to 2017, there was a decrease of 33%, followed by an increase of 49% from 2017 to 2023. Overall, from 2012 to 2024, the guideline value has remained the same at Rs 200 per sq.ft.

Guideline values in Sengadu

Sengadu village has a total of 24 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 101 to Rs 500 per sq.ft. The median value for these streets is Rs 150 per sq.ft, placing Pathiratchi Amman Koil Street's 2024 figure above the median.

• Perumal Koil 3rd Street: Rs 150 per sq.ft (2024)
• Perumal Koil Street: Rs 150 per sq.ft (2024)
• Port Homes: Rs 500 per sq.ft (2024)
• Puthumetu Street: Rs 150 per sq.ft (2024)
• Putru Koil Street: Rs 150 per sq.ft (2024)
• Mettu Street: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Pathiratchi Amman Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total fees to Rs 18,000. 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 further assistance.

Which Sub Registrar Office covers Pathiratchi Amman Koil Street?

The Sub Registrar Office that covers Pathiratchi Amman 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 details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Sengadu. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring compliance with legal requirements.

When a property is sold, the guideline value helps in assessing the minimum value on which the stamp duty is calculated. Buyers and sellers must consider this value to avoid any discrepancies during the registration of the property.

Frequently asked questions

What is the current guideline value of Pathiratchi Amman Koil Street?

The current guideline value of Pathiratchi Amman Koil Street is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 200 per sq.ft from 2012 to 2024, with a drop to Rs 134 per sq.ft in 2017 and an increase back to Rs 200 per sq.ft in 2023.

What is the registration office for Pathiratchi Amman Koil Street?

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

What are the stamp duty rates applicable?

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

What is the median guideline value in Sengadu?

The median guideline value for the 24 streets in Sengadu under the Sriperumpudur SRO is Rs 150 per sq.ft, with Pathiratchi Amman Koil Street's value being above this median.