Guideline Value for Perumal Koil Street 1st Cross Street

Perumal Koil Street 1st Cross Street guideline value

The current guideline value of Perumal Koil Street 1st Cross Street is Rs 1,002 per sq.ft, effective from 1 July 2024. This street is located in Ariyalur village under the Redhills SRO, classified as Residential Class I Type - I.

How the guideline value of Perumal Koil Street 1st Cross Street has changed

The register for Perumal Koil Street 1st Cross Street shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only recorded figure is from the 2024 revision, which is Rs 1,002 per sq.ft.

Since there are no figures available for the previous revisions, there have been no changes to report for this street. The current figure aligns with the median guideline value for other streets in Ariyalur under the Redhills SRO.

Guideline values in Ariyalur

In Ariyalur, there are 24 streets under the Redhills SRO that have a 2024 guideline value ranging from Rs 1,002 to Rs 1,008 per sq.ft. The median value is Rs 1,002 per sq.ft, which matches the guideline value of Perumal Koil Street 1st Cross Street.

• Perumal Koil Street 2nd Cross Street: Rs 1,002 per sq.ft (2024)
• Perumal Koil Street 3rd Cross Street: Rs 1,002 per sq.ft (2024)
• Perumal Koil Street 4th Cross Street: Rs 1,002 per sq.ft (2024)
• Perumal Koil Street (Colony): Rs 1,002 per sq.ft (2024)
• Perumal Koil Street: Rs 1,002 per sq.ft (2024)
• Periyar Nagar Colony Main Street: Rs 1,002 per sq.ft (2024)

Stamp duty and registration fee for property in Perumal Koil Street 1st Cross Street

For a 1,000 sq.ft plot at the current rate of Rs 1,002 per sq.ft, the guideline value would be Rs 10,02,000. The stamp duty at 7% would amount to Rs 70,140, and the registration fee at 2% would be Rs 20,040, totaling Rs 90,180. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for precise calculations.

Which Sub Registrar Office covers Perumal Koil Street 1st Cross Street?

The Sub Registrar Office that covers Perumal Koil Street 1st Cross Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Ariyalur. It establishes a baseline for the valuation of properties when registering a sale, ensuring that the transaction is recorded at a fair value according to government standards.

When buying or selling property, the guideline value helps determine the applicable stamp duty and registration fees. These fees are calculated based on the higher of the guideline value or the sale price, ensuring compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of Perumal Koil Street 1st Cross Street?

The current guideline value of Perumal Koil Street 1st Cross Street is Rs 1,002 per sq.ft, effective from 1 July 2024.

What revisions are available for Perumal Koil Street 1st Cross Street?

The register has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only recorded figure is from the 2024 revision.

How does the guideline value compare to other streets in Ariyalur?

The guideline value of Rs 1,002 per sq.ft for Perumal Koil Street 1st Cross Street is equal to the median value of other streets in Ariyalur under the Redhills SRO, which ranges from Rs 1,002 to Rs 1,008 per sq.ft.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 10,02,000, the stamp duty would be Rs 70,140 and the registration fee would be Rs 20,040, totaling Rs 90,180. These fees are based on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for this property?

The Sub Registrar Office covering Perumal Koil Street 1st Cross Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.