Guideline Value for Pattukottai Azhagiri Nagar

Pattukottai Azhagiri Nagar guideline value

The current guideline value of Pattukottai Azhagiri Nagar is Rs 300 per sq.ft, effective from 1 July 2024. This street is located in Pillaippakkam-A village under the Sriperumpudur SRO, classified as Residential Class II Type - I.

How the guideline value of Pattukottai Azhagiri Nagar has changed

The guideline value for Pattukottai Azhagiri Nagar has remained constant at Rs 300 per sq.ft for both the 2023 and 2024 revisions. Prior to this, the 2017 revision recorded a guideline value of Rs 201 per sq.ft, marking a significant increase of 49% from 2017 to 2023.

Overall, from the 2017 revision to the current 2024 revision, the guideline value has increased by 49%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Pillaippakkam-A

In Pillaippakkam-A, there are 49 streets under the Sriperumpudur SRO with a 2024 guideline value ranging from Rs 100 to Rs 1,254 per sq.ft. The median guideline value for these streets is Rs 300 per sq.ft, which is equal to the current guideline value of Pattukottai Azhagiri Nagar.

• Peyaridappadatha Manaipirivu: Rs 344 per sq.ft (2024)
• Palla Street: Rs 100 per sq.ft (2024)
• Om Namachivaya Nagar: Rs 1,254 per sq.ft (2024)
• Neelakanda Siva Nagar: Rs 200 per sq.ft (2024)
• Raja veedhi: Rs 300 per sq.ft (2024)
• Rajeswari Nagar: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Pattukottai Azhagiri Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total to Rs 27,000. 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 Pattukottai Azhagiri Nagar?

The Sub Registrar Office that covers Pattukottai Azhagiri Nagar 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 Pillaippakkam-A

The guideline value is a crucial factor in the registration process when buying or selling property in Pillaippakkam-A. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is used to calculate the necessary fees, ensuring that both parties are aware of the financial obligations associated with the transfer of ownership.

Frequently asked questions

What is the current guideline value of Pattukottai Azhagiri Nagar?

The current guideline value of Pattukottai Azhagiri Nagar is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased by 49%, remaining at Rs 300 per sq.ft in both the 2023 and 2024 revisions. There are no available figures for the revisions from 2002, 2003, 2007, and 2012.

What is the land classification of Pattukottai Azhagiri Nagar?

Pattukottai Azhagiri Nagar is classified as Residential Class II Type - I. This classification indicates the type of development permitted in the area.

Where can I find the Sub Registrar Office for Pattukottai Azhagiri Nagar?

The Sub Registrar Office for Pattukottai Azhagiri Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

How is stamp duty calculated for properties in Pattukottai Azhagiri Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 3,00,000, the stamp duty at 7% would amount to Rs 21,000.