Guideline Value for Pattancheri Endathoor Road

Pattancheri Endathoor Road guideline value

The current guideline value of Pattancheri Endathoor Road is Rs 700 per sq.ft. This road is located in Uthiramerur village, under the Uthiramerur SRO, and is classified as Residential Class III Type - I.

How the guideline value of Pattancheri Endathoor Road has changed

The guideline value for Pattancheri Endathoor Road has undergone several revisions over the years. The earliest recorded figure is from 2007, where the value was Rs 100 per sq.ft. This increased significantly to Rs 700 per sq.ft in 2012, representing a 600% increase. In 2017, the value rose again to Rs 469 per sq.ft, which was a decrease of 33% from the previous revision. The value remained at Rs 700 per sq.ft in both 2023 and the current 2024 revision, indicating no change from the 2023 figure.

It is important to note that there are no recorded figures for Pattancheri Endathoor Road in the revisions for 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 600%.

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 Pattancheri Endathoor Road is below this median.

• Pattancheri East Street: Rs 700 per sq.ft (2024)
• Pattancheri Road: Rs 700 per sq.ft (2024)
• pattancheri West Street: Rs 700 per sq.ft (2024)
• Pattancheri: Rs 700 per sq.ft (2024)
• Pattangulam: Rs 401 per sq.ft (2024)
• Pavodum Thoppu Theru: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Pattancheri Endathoor Road

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value would be Rs 7,00,000. The stamp duty at 7% would amount to Rs 49,000, and the registration fee at 2% would be Rs 14,000, bringing the total cost for these fees to Rs 63,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Pattancheri Endathoor Road?

The Sub Registrar Office that covers Pattancheri Endathoor Road 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 crucial factor in the registration process when buying or selling property in Uthiramerur. It serves as a reference point for calculating stamp duty and registration fees, ensuring that these fees are based on a standardized value rather than fluctuating market prices.

Frequently asked questions

What is the current guideline value of Pattancheri Endathoor Road?

The current guideline value of Pattancheri Endathoor Road is Rs 700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, with the most significant increase occurring from Rs 100 per sq.ft in 2007 to Rs 700 per sq.ft in 2012. The value remained at Rs 700 per sq.ft in both 2023 and 2024.

What is the classification of land on Pattancheri Endathoor Road?

Pattancheri Endathoor Road is classified as Residential Class III Type - I, which indicates its suitability for residential development.

Where can I find the Uthiramerur SRO?

The Uthiramerur Sub Registrar Office is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.

How is the stamp duty calculated for property in Pattancheri Endathoor Road?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current guideline value, the total costs would include a stamp duty of Rs 49,000 and a registration fee of Rs 14,000.