Guideline Value for Pattancherri Endathur Road

Pattancherri Endathur Road guideline value

The current guideline value of Pattancherri Endathur Road is Rs 300 per sq.ft, effective from 1 July 2024. This road is located in Neeradi village, under the Uthiramerur SRO, and is classified as Residential Special Type - II.

How the guideline value of Pattancherri Endathur Road has changed

The guideline value for Pattancherri Endathur Road has seen several revisions over the years. In the 2012 revision, the value was set at Rs 300 per sq.ft, which was a decrease of 33% from the 2017 revision where the value was Rs 201 per sq.ft. The 2023 revision maintained the value at Rs 300 per sq.ft, and the same value continues into the 2024 revision, showing no change from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has remained at Rs 300 per sq.ft, indicating a 0% change. It is important to note that the register does not contain figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Neeradi

In Neeradi village, there are 20 streets under the Uthiramerur SRO that carry a 2024 guideline value ranging from Rs 201 to Rs 350 per sq.ft, with a median value of Rs 202 per sq.ft. The guideline value of Pattancherri Endathur Road is above this median.

• Pattancherri Merku Street: Rs 250 per sq.ft (2024)
• Pattancherri Road: Rs 250 per sq.ft (2024)
• Pattancheri East Street: Rs 202 per sq.ft (2024)
• Pattancheri: Rs 202 per sq.ft (2024)
• New Vetri Nagar: Rs 201 per sq.ft (2024)
• Neeradi West Street: Rs 202 per sq.ft (2024)

Stamp duty and registration fee for property in Pattancherri Endathur Road

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty is charged at 7%, resulting in Rs 21,000, and the registration fee is charged at 2%, amounting to Rs 6,000. Together, the total fees would be Rs 27,000. It is important to note that 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 Pattancherri Endathur Road?

The Pattancherri Endathur Road falls under the jurisdiction of 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 Neeradi

The guideline value is a crucial factor during property transactions in Neeradi. It serves as the basis for calculating the stamp duty and registration fees when a property is bought or sold. Buyers must be aware that these fees are calculated based on the higher of the guideline value or the sale price.

When registering a property, it is essential to refer to the latest guideline value to ensure compliance with legal requirements. This value helps in determining the financial obligations associated with the transaction, including taxes and fees.

Frequently asked questions

What is the current guideline value of Pattancherri Endathur Road?

The current guideline value of Pattancherri Endathur Road is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 300 per sq.ft from 2012 to 2024, with a significant increase of 49% from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023. There are no figures available for the years 2002, 2003, and 2007.

What are the stamp duty and registration fees for property transactions?

The stamp duty is charged at 7% and the registration fee at 2% of the guideline value. For a 1,000 sq.ft plot at Rs 300 per sq.ft, the total fees would amount to Rs 27,000.

Where can I find the Sub Registrar Office for Pattancherri Endathur Road?

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

How is the guideline value used in property registration?

The guideline value is used to calculate the stamp duty and registration fees during property registration. It is important to refer to the latest guideline value to ensure accurate fee calculations based on the higher of the guideline value or the sale price.