Guideline Value for Perumal Koil Street 3rd Cross Street

Perumal Koil Street 3rd Cross Street guideline value

The current guideline value of Perumal Koil Street 3rd Cross Street is Rs 1,002 per sq.ft. 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 3rd Cross Street has changed

The guideline value register for Perumal Koil Street 3rd Cross Street shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision is from 2024, which sets the guideline value at Rs 1,002 per sq.ft, effective from 1 July 2024.

There have been no changes between the revisions listed above. The 2024 figure matches the median guideline value for the 24 streets in Ariyalur under the Redhills SRO, which ranges from Rs 1,002 to Rs 1,008 per sq.ft.

Guideline values in Ariyalur

In Ariyalur, the guideline values for 2024 range from Rs 1,002 to Rs 1,008 per sq.ft, with the median value being Rs 1,002 per sq.ft. Perumal Koil Street 3rd Cross Street's guideline value aligns with this median.

• Perumal Koil Street 2nd 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 1st 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 3rd Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,002 per sq.ft, the total guideline value would be 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. Please 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 accurate calculations based on specific property values.

Which Sub Registrar Office covers Perumal Koil Street 3rd Cross Street?

The Sub Registrar Office that covers Perumal Koil Street 3rd Cross Street is the Redhills Sub Registrar Office. The address is 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 when registering property transactions in Ariyalur. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

When a buyer or seller engages in a transaction, the guideline value helps ensure that the registration fees are calculated fairly based on the property's value as recognized by the government. This process helps maintain transparency in property dealings.

Frequently asked questions

What is the current guideline value for Perumal Koil Street 3rd Cross Street?

The current guideline value for Perumal Koil Street 3rd Cross Street is Rs 1,002 per sq.ft, effective from 1 July 2024.

What is the land classification for Perumal Koil Street 3rd Cross Street?

Perumal Koil Street 3rd Cross Street is classified as Residential Class I Type - I.

How often does the guideline value get revised?

The guideline value is revised periodically, with the most recent revision for this street occurring in 2024. Previous revisions occurred in 2023, 2017, 2012, 2007, 2003, and 2002, but there are no figures available for those years.

Where can I find the registration office for properties in this area?

The registration office for properties in Perumal Koil Street 3rd Cross Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is the stamp duty calculated based on the guideline value?

Stamp duty is calculated at 7% of the guideline value, while the registration fee is calculated at 2%. The total fees are based on the higher of the guideline value or the sale price of the property.