Guideline Value for Pattu nool Chatram

Pattu nool Chatram guideline value

The current guideline value of Pattu nool Chatram is Rs 700 per sq.ft, effective from 1 July 2024. This village is part of the Sriperumpudur SRO and is classified as Residential Class III Type - I.

How the guideline value of Pattu nool Chatram has changed

The guideline value for Pattu nool Chatram has seen several revisions over the years. The 2017 revision set the value at Rs 469 per sq.ft, which remained unchanged in the 2023 revision at Rs 700 per sq.ft. The 2024 revision also maintains this value at Rs 700 per sq.ft, indicating no percentage change from the previous year. The register has no figure for this street for the years 2002, 2003, 2007, and 2012.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2017 to 2024, the increase remains at 49%, as the value has not changed since 2023.

Guideline values in Sriperumbudur A

In Sriperumbudur A, there are 238 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 3,000 per sq.ft. The median value is Rs 700 per sq.ft, which is equal to the guideline value of Pattu nool Chatram.

• Peyaridappadatha Manaipirivu: Rs 800 per sq.ft (2024)
• Pakavathi Avenue: Rs 700 per sq.ft (2024)
• Podi Kadai Lane: Rs 700 per sq.ft (2024)
• Pooja Park: Rs 1,800 per sq.ft (2024)
• Pootheri pandai: Rs 700 per sq.ft (2024)
• Priya nagar: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Pattu nool Chatram

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, totaling Rs 63,000. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Pattu nool Chatram?

The Sub Registrar Office that covers Pattu nool Chatram is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering a property in Sriperumbudur A. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value serves as a reference point for both parties. It is essential for buyers to be aware of the guideline value to avoid overpaying, while sellers must ensure their pricing aligns with these values for a smooth transaction.

Frequently asked questions

What is the current guideline value of Pattu nool Chatram?

The current guideline value of Pattu nool Chatram is Rs 700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in 2023 and 2024, reflecting a 49% increase overall since 2017.

What is the median guideline value in Sriperumbudur A?

The median guideline value in Sriperumbudur A is Rs 700 per sq.ft, which is the same as the current value for Pattu nool Chatram.

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

For a property valued at Rs 7,00,000, the stamp duty is Rs 49,000 and the registration fee is Rs 14,000, totaling Rs 63,000.

Where is the Sub Registrar Office for Pattu nool Chatram located?

The Sub Registrar Office for Pattu nool Chatram is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.