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Guideline Value

Corporate

Guideline Value for Perumal Koil Ist Cross Road

₹1540/sq.ft.

The guideline value for Perumal Koil Ist 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 Ist Cross Road

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Perumal Koil Ist Cross Road guideline value

The current guideline value of Perumal Koil Ist Cross Road is Rs 1,540 per sq.ft, effective from 1 July 2024. This street is located in Thiruverkadu village under the Kunrathur SRO, and it falls under the Residential Class I Type - I land classification.

How the guideline value of Perumal Koil Ist Cross Road has changed

Over the years, the guideline value of Perumal Koil Ist Cross Road has seen several revisions. The earliest recorded revision was in 2012, where the guideline value was Rs 1,400 per sq.ft. In 2017, it decreased to Rs 938 per sq.ft, marking a decline of 33%. The value then increased significantly to Rs 1,400 per sq.ft in 2023, followed by a rise to Rs 1,540 per sq.ft in 2024, which is a 10% increase from the previous year.

From 2012 to 2024, the overall change in guideline value has been an increase of 10%. The transition from 2017 to 2023 saw a notable increase of 49%. It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street in the register.

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 guideline value for these streets is Rs 1,540 per sq.ft, which is the same as the 2024 figure for Perumal Koil Ist Cross Road.

Stamp duty and registration fee for property in Perumal Koil Ist 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 amounts to Rs 15,40,000. The stamp duty at 7% would be Rs 1,07,800, and the registration fee at 2% would be Rs 30,800, bringing the total cost for these fees to Rs 1,38,600. It is important to 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 specific calculations based on your property details.

Which Sub Registrar Office covers Perumal Koil Ist Cross Road?

The Sub Registrar Office that covers Perumal Koil Ist Cross Road is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. To find your specific SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in property transactions in Thiruverkadu, as it determines the minimum price at which a property can be registered. This value is used by the registration department to calculate the stamp duty and registration fees applicable to the property transaction.

When buying or selling property, it is essential to be aware of the guideline value, as it can impact the overall cost of the transaction. Buyers should ensure that the sale price is at least equal to the guideline value to avoid any legal complications during registration.

Frequently asked questions

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

The current guideline value of Perumal Koil Ist 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 2023 to Rs 1,540 per sq.ft in 2024, which is a 10% increase. The value also increased from Rs 938 per sq.ft in 2017 to Rs 1,400 per sq.ft in 2023, marking a 49% rise.

What is the registration office for this area?

The registration office for Perumal Koil Ist Cross Road is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is stamp duty calculated based on the guideline value?

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

What are the other streets in Thiruverkadu with the same guideline value?

Other streets in Thiruverkadu with the same guideline value of Rs 1,540 per sq.ft include Perumal Koil Main Road, Perumal Koil Cross Street, Perumal Koil 3rd Cross Road, Perumal Koil street, Perumal Koil 2nd Cross Road, and Paulvadi Street.