Guideline Value for Perumal Koil Street 4th Cross Street

Perumal Koil Street 4th Cross Street guideline value

The current guideline value of Perumal Koil Street 4th 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 it is classified as Residential Class I Type - I.

How the guideline value of Perumal Koil Street 4th Cross Street has changed

The guideline value register for Perumal Koil Street 4th Cross Street shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision, which is Rs 1,002 per sq.ft.

Since there are no previous figures recorded for this street, there have been no changes between the revisions. The 2024 figure is consistent with the current guideline value.

Guideline values in Ariyalur

In Ariyalur, there are 24 streets under the Redhills SRO that carry 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 4th Cross Street's 2024 guideline value aligns with this median.

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

For a 1,000 sq.ft plot at the current rate, 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 4th Cross Street?

The Sub Registrar Office that covers Perumal Koil Street 4th 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 further assistance.

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, as it determines the minimum value at which properties can be registered. This value is used by the registration authorities to calculate the applicable stamp duty and registration fees, ensuring that these charges reflect the property's worth.

When you buy or sell property in Ariyalur, it is essential to consider the guideline value as it impacts the overall cost of the transaction. Buyers should be aware that the stamp duty is charged on the higher of the guideline value and the sale price, which can affect the total amount payable during the registration process.

Frequently asked questions

What is the current guideline value of Perumal Koil Street 4th Cross Street?

The current guideline value of Perumal Koil Street 4th Cross Street is Rs 1,002 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value register shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision, which is Rs 1,002 per sq.ft.

What is the land classification for Perumal Koil Street 4th Cross Street?

Perumal Koil Street 4th Cross Street is classified as Residential Class I Type - I, indicating its designation for residential use.

What is the registration office for this street?

The registration office covering Perumal Koil Street 4th 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 for properties in Ariyalur?

Stamp duty in Ariyalur is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 10,02,000, the stamp duty would be Rs 70,140 at 7%.