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Guideline Value

Corporate

Guideline Value for Perumal Koil 3rd Cross Road

₹1540/sq.ft.

The guideline value for Perumal Koil 3rd Cross Road in Thiruverkadu village (Kunrathur SRO, Chennai zone) is Rs 1540 per sq.ft, effective 1 July 2024. It was Rs 1400 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

Thiruverkadu

Village

Kunrathur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1540 /sq.ft.
From 1-4-2023 ₹1400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹938 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1400 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

No.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Perumal Koil 3rd Cross Road

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Perumal Koil 3rd Cross Road guideline value

The current guideline value of Perumal Koil 3rd Cross Road is Rs 1,540 per sq.ft, effective from 1 July 2024. This road is located in Thiruverkadu village under the Kunrathur SRO, classified as Residential Class I Type - I.

How the guideline value of Perumal Koil 3rd Cross Road has changed

The guideline value for Perumal Koil 3rd Cross Road has seen several revisions over the years. The 2012 revision set the value at Rs 1,400 per sq.ft, which was then reduced to Rs 938 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 1,400 per sq.ft in the 2023 revision, and currently stands at Rs 1,540 per sq.ft as per the 2024 revision, reflecting a 10% increase from the previous year.

From 2017 to 2023, there was a notable increase of 49%. The overall change from the 2012 revision to the 2024 revision shows a modest increase of 10%. The register has no figures for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Thiruverkadu

In Thiruverkadu, there are 178 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 1,430 to Rs 3,520 per sq.ft. The median value for these streets is Rs 1,540 per sq.ft, which is equal to the guideline value of Perumal Koil 3rd Cross Road.

Stamp duty and registration fee for property in Perumal Koil 3rd Cross Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,540 per sq.ft, the total guideline value would be Rs 15,40,000. The stamp duty at 7% would amount to Rs 1,07,800, and the registration fee at 2% would be Rs 30,800, making the total cost Rs 1,38,600. Please note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Perumal Koil 3rd Cross Road?

The Sub Registrar Office that covers Perumal Koil 3rd Cross Road is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thiruverkadu. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that these costs are calculated based on the official value set by the government.

When a property transaction occurs, the guideline value ensures transparency and consistency in property valuations. Buyers and sellers must be aware of this value to accurately assess the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of Perumal Koil 3rd Cross Road?

The current guideline value of Perumal Koil 3rd Cross Road is Rs 1,540 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,400 per sq.ft in 2012 to Rs 938 per sq.ft in 2017, then increased to Rs 1,400 per sq.ft in 2023, and is currently Rs 1,540 per sq.ft in 2024.

What is the land classification for Perumal Koil 3rd Cross Road?

Perumal Koil 3rd Cross Road is classified as Residential Class I Type - I.

Where can I find the Sub Registrar Office for Perumal Koil 3rd Cross Road?

The Kunrathur Sub Registrar Office covers Perumal Koil 3rd Cross Road and is located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 15,40,000 would incur a stamp duty of Rs 1,07,800 at 7%.