Guideline Value for Periy Street

Periy Street guideline value

The current guideline value of Periy Street in Thirukalukundrem A village is Rs 600 per sq.ft, effective from 1 July 2024. This street falls under the Thirukazhukundram SRO and is classified as Residential Class I Type - III.

How the guideline value of Periy Street has changed

The guideline value for Periy Street has remained stable at Rs 600 per sq.ft for the 2023 and 2024 revisions. Prior to this, in the 2017 revision, the guideline value was Rs 402 per sq.ft, marking a 49% increase from 2017 to 2023.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 49%.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, a total of 149 streets have a 2024 guideline value ranging from Rs 300 to Rs 1,344 per sq.ft. The median guideline value is Rs 600 per sq.ft, which matches the current value for Periy Street.

• Periya Street Mangalam: Rs 600 per sq.ft (2024)
• Pidari koil street: Rs 600 per sq.ft (2024)
• Pavodum Santhu: Rs 800 per sq.ft (2024)
• Paventhar Bharathidasan Street: Rs 600 per sq.ft (2024)
• Pillayar Koil St: Rs 600 per sq.ft (2024)
• Pillayar Koil St D.M.Pet: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Periy Street

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value would be Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, making the total fees Rs 54,000. Please 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 Periy Street?

The Sub Registrar Office that covers Periy Street is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when registering property transactions in Thirukalukundrem A. It serves as a benchmark for determining the stamp duty and registration fees payable during the sale or purchase of property.

When you buy or sell property, the guideline value helps ensure that the transaction is recorded at a fair value, which is essential for legal and taxation purposes. It is important to be aware of the current guideline value to avoid discrepancies during registration.

Frequently asked questions

What is the current guideline value of Periy Street?

The current guideline value of Periy Street is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

From the 2017 revision to the 2023 revision, the guideline value increased from Rs 402 per sq.ft to Rs 600 per sq.ft, a change of 49%. The value remained the same in the 2024 revision.

What is the median guideline value in Thirukalukundrem A?

The median guideline value in Thirukalukundrem A is Rs 600 per sq.ft, which is the same as the current value for Periy Street.

What are the stamp duty and registration fees for property in Periy Street?

For a property valued at Rs 6,00,000, the stamp duty would be Rs 42,000 and the registration fee would be Rs 12,000, totaling Rs 54,000.

Which office handles property registrations for Periy Street?

The Thirukazhukundram Sub Registrar Office handles property registrations for Periy Street, located at Thiruchengode - 637 211, Chengalpattu registration zone.