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Guideline Value

Corporate

Guideline Value for Periapalaiaththamman Koil Street(Tondiarpettai)

₹2200/sq.ft.

The guideline value for Periapalaiaththamman Koil Street(tondiarpettai) in Tondaiarpet village (Royapuram SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Tondaiarpet

Village

Royapuram

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹700 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021.
044-25960108
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Periapalaiaththamman Koil Street(tondiarpettai)

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Periapalaiaththamman Koil Street(Tondiarpettai) guideline value

The current guideline value of Periapalaiaththamman Koil Street(Tondiarpettai) is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Tondaiarpet village and falls under the jurisdiction of the Royapuram SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Periapalaiaththamman Koil Street(Tondiarpettai) has changed

The guideline value for Periapalaiaththamman Koil Street(Tondiarpettai) has undergone several revisions over the years. The earliest recorded revision was in 2007, where the guideline value was Rs 700 per sq.ft. This figure remained unchanged until the 2012 revision, which also recorded Rs 2,000 per sq.ft. The next revision in 2023 maintained the value at Rs 2,000 per sq.ft, but the most recent revision in 2024 saw an increase to Rs 2,200 per sq.ft, marking a 10% rise from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 214%. The register does not contain figures for the years 2002, 2003, and 2017 for this street.

Guideline values in Tondaiarpet

In Tondaiarpet village, there are 1,384 streets under the Royapuram SRO that have a 2024 guideline value ranging from Rs 1,100 to Rs 10,100 per sq.ft. The median guideline value for these streets is Rs 1,600 per sq.ft, placing Periapalaiaththamman Koil Street(Tondiarpettai) above this median.

Stamp duty and registration fee for property in Periapalaiaththamman Koil Street(Tondiarpettai)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total cost for these charges to Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Periapalaiaththamman Koil Street(Tondiarpettai)?

The Sub Registrar Office that covers Periapalaiaththamman Koil Street(Tondiarpettai) is the Royapuram Sub Registrar Office, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021. You can find your SRO for further assistance.

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

When buying or selling property in Tondaiarpet, the guideline value plays a crucial role in determining the stamp duty and registration fees applicable to the transaction. These fees are calculated based on the guideline value or the sale price, whichever is higher, ensuring that the government receives the appropriate revenue from property transactions.

It is essential for buyers and sellers to be aware of the current guideline value in order to accurately estimate the total costs associated with property transactions. This knowledge helps in planning and budgeting for the financial aspects of buying or selling real estate in the area.

Frequently asked questions

What is the current guideline value of Periapalaiaththamman Koil Street(Tondiarpettai)?

The current guideline value of Periapalaiaththamman Koil Street(Tondiarpettai) is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, starting from Rs 700 per sq.ft in 2007, increasing to Rs 2,000 per sq.ft in 2012, and remaining the same until 2023. In 2024, it increased to Rs 2,200 per sq.ft.

What is the land classification for Periapalaiaththamman Koil Street(Tondiarpettai)?

The land classification for Periapalaiaththamman Koil Street(Tondiarpettai) is Residential Class I Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 22,00,000, the stamp duty at 7% amounts to Rs 1,54,000, and the registration fee at 2% amounts to Rs 44,000. The total for these charges is Rs 1,98,000.

Which Sub Registrar Office covers this street?

The Royapuram Sub Registrar Office covers Periapalaiaththamman Koil Street(Tondiarpettai), located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021.