Guideline Value for Perumal Koil Street 2nd Cross Street

Perumal Koil Street 2nd Cross Street guideline value

The current guideline value of Perumal Koil Street 2nd 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 and is classified as Residential Class I Type - I.

How the guideline value of Perumal Koil Street 2nd Cross Street has changed

The guideline value register has no figures for Perumal Koil Street 2nd Cross Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only revision available is from 2024, which is Rs 1,002 per sq.ft.

Since there are no figures for previous revisions, there have been no changes noted between the revisions above. The 2024 revision is the first recorded value for this street.

Guideline values in Ariyalur

In Ariyalur, 24 streets under the Redhills SRO have a 2024 guideline value ranging from Rs 1,002 to Rs 1,008 per sq.ft, with a median value of Rs 1,002 per sq.ft. Perumal Koil Street 2nd Cross Street's 2024 figure aligns with this median.

• Perumal Koil Street 1st 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 2nd Cross Street

For a 1,000 sq.ft plot at the current rate of Rs 1,002 per sq.ft, the guideline value amounts to Rs 10,02,000. The stamp duty at 7% would be 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 more details.

Which Sub Registrar Office covers Perumal Koil Street 2nd Cross Street?

The Sub Registrar Office that covers Perumal Koil Street 2nd 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 during the registration of property transactions in Ariyalur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Perumal Koil Street 2nd Cross Street?

The current guideline value of Perumal Koil Street 2nd Cross Street is Rs 1,002 per sq.ft, effective from 1 July 2024.

What land classification does Perumal Koil Street 2nd Cross Street fall under?

Perumal Koil Street 2nd Cross Street is classified as Residential Class I Type - I.

Have there been any changes in the guideline value for this street?

There have been no changes in the guideline value for Perumal Koil Street 2nd Cross Street as there are no figures available for previous revisions.

Where can I find the registration office for this area?

The registration office covering Perumal Koil Street 2nd Cross Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is stamp duty calculated for property transactions in Ariyalur?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. The rates for stamp duty and registration fees are determined by the current guideline value established by the Registration Department.