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Guideline Value

Corporate

Guideline Value for Perumal Koil Ist Cross Street

₹2090/sq.ft.

The guideline value for Perumal Koil Ist Cross Street in Noombal village (Kunrathur SRO, Chennai zone) is Rs 2090 per sq.ft, effective 1 July 2024. It was Rs 1900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Noombal

Village

Kunrathur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹2090 /sq.ft.
From 1-4-2023 ₹1900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1273 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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 Street

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Perumal Koil Ist Cross Street guideline value

The current guideline value of Perumal Koil Ist Cross Street is Rs 2,090 per sq.ft, effective from 1 July 2024. This street is located in Noombal village, under the Kunrathur SRO, and is classified as Residential Special Type - I.

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

The guideline value for Perumal Koil Ist Cross Street has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 2,090 per sq.ft, which is an increase from Rs 1,900 per sq.ft in 2023. Prior to that, the 2017 revision recorded a guideline value of Rs 1,273 per sq.ft. Notably, there are no figures available for the revisions in 2002, 2003, 2007, and 2012.

From 2017 to 2023, the guideline value increased by 49%, and from 2023 to 2024, it rose by 10%. Overall, from 2017 to 2024, the increase amounts to 64%.

Guideline values in Noombal

Noombal village has a total of 164 streets under the Kunrathur SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 6,500 per sq.ft. The median guideline value for these streets is Rs 2,090 per sq.ft, which is the same as the guideline value for Perumal Koil Ist Cross Street.

Stamp duty and registration fee for property in Perumal Koil Ist Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,090 per sq.ft, the total guideline value amounts to Rs 20,90,000. The stamp duty at 7% would be Rs 1,46,300, and the registration fee at 2% would be Rs 41,800, bringing the total cost together to Rs 1,88,100. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Perumal Koil Ist Cross Street?

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

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

When buying or selling property in Noombal, the guideline value plays a crucial role in determining the stamp duty and registration fees. 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 to accurately estimate the total costs involved in the transaction. This understanding helps in making informed decisions during the buying or selling process.

Frequently asked questions

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

The current guideline value of Perumal Koil Ist Cross Street is Rs 2,090 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 1,273 per sq.ft in 2017 to Rs 2,090 per sq.ft in 2024, marking an overall increase of 64% over this period.

What is the land classification for Perumal Koil Ist Cross Street?

Perumal Koil Ist Cross Street is classified as Residential Special Type - I, indicating its designation for residential use.

Where can I find the registration office for property transactions?

The registration office for property transactions in this area is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is the stamp duty calculated for properties in Noombal?

Stamp duty in Noombal is calculated based on the guideline value or the sale price, whichever is higher. This ensures that the appropriate fees are collected during property transactions.