Guideline Value for Perumal Koil St.,

Perumal Koil St., guideline value

The current guideline value of Perumal Koil St. is Rs 1,210 per sq.ft, effective from 1 July 2024. This street is located in Kunrathour-B village, under the Kunrathur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Perumal Koil St., has changed

The guideline value for Perumal Koil St. has undergone several revisions over the years. The 2017 revision set the value at Rs 737 per sq.ft. This increased to Rs 1,100 per sq.ft in the 2023 revision, marking a 49% increase. The most recent 2024 revision shows a further increase to Rs 1,210 per sq.ft, which is a 10% rise from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Kunrathour-B

In Kunrathour-B, there are 325 streets under the Kunrathur SRO with a 2024 guideline value ranging from Rs 660 to Rs 5,130 per sq.ft. The median guideline value for these streets is Rs 1,540 per sq.ft, placing Perumal Koil St.’s 2024 figure below that median.

• Perumal Nagar: Rs 1,210 per sq.ft (2024)
• Pillaiyar Koil Street: Rs 1,210 per sq.ft (2024)
• P.J.N. Nagar: Rs 1,540 per sq.ft (2024)
• Police Quarters: Rs 1,210 per sq.ft (2024)
• Ponnusamy Nagar: Rs 1,760 per sq.ft (2024)
• Porur to Kundrathur Vijayam Co-op Mega Nagar: Rs 1,210 per sq.ft (2024)

Stamp duty and registration fee for property in Perumal Koil St.,

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value amounts to Rs 12,10,000. The stamp duty, charged at 7%, would be Rs 84,700, and the registration fee at 2% would be Rs 24,200, making the total cost for these fees Rs 1,08,900. 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 details.

Which Sub Registrar Office covers Perumal Koil St.,?

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

How the guideline value is used when you buy or sell in Kunrathour-B

The guideline value is an important factor during the registration of property transactions in Kunrathour-B. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that these costs are based on the established value of the property.

When buying or selling property, the guideline value helps to determine the official sale price for registration purposes. This ensures transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Perumal Koil St.?

The current guideline value of Perumal Koil St. is Rs 1,210 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 737 per sq.ft in 2017 to Rs 1,210 per sq.ft in 2024, marking a total increase of 64% over this period.

What are the other streets in Kunrathour-B with similar guideline values?

Other streets in Kunrathour-B with similar guideline values include Perumal Nagar, Pillaiyar Koil Street, and Police Quarters, all at Rs 1,210 per sq.ft in 2024.

What fees are associated with buying property in Perumal Koil St.?

When purchasing property in Perumal Koil St., buyers should expect to pay stamp duty at 7% and a registration fee at 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Perumal Koil St.?

The Sub Registrar Office for Perumal Koil St. is located at No.59, Road Street, Kundrathur, Chennai -600 069.