Guideline Value for Perumal Koil Street Kudiyiruppu

Perumal Koil Street Kudiyiruppu guideline value

The current guideline value of Perumal Koil Street Kudiyiruppu is Rs 2,090 per sq.ft, effective from 1 July 2024. This street is located in Noombal village, under the Kunrathur SRO, with a land classification of Residential Special Type - I.

How the guideline value of Perumal Koil Street Kudiyiruppu has changed

The guideline value for Perumal Koil Street Kudiyiruppu has seen significant changes over the years. In 2003, the value was Rs 141 per sq.ft, which increased to Rs 1,273 per sq.ft in 2017, marking a substantial rise of 803%. The next revision in 2023 set the value at Rs 1,900 per sq.ft, reflecting a 49% increase from the previous figure. The most recent revision in 2024 raised the guideline value to Rs 2,090 per sq.ft, which is a 10% increase from 2023.

There are no figures available for the years 2002, 2007, and 2012 in the register for this street. Overall, from the 2003 revision to the 2024 revision, the guideline value has increased by 1382%.

Guideline values in Noombal

Noombal village has a total of 164 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 6,500 per sq.ft. The median guideline value for these streets is Rs 2,090 per sq.ft, which is equal to the current value for Perumal Koil Street Kudiyiruppu.

• Perumal koil Street: Rs 2,090 per sq.ft (2024)
• Perumal Koil Ist Cross Street: Rs 2,090 per sq.ft (2024)
• Perumal Koil 3rd Cross Street: Rs 2,090 per sq.ft (2024)
• Perumal Koil 2nd Cross Street: Rs 2,090 per sq.ft (2024)
• Pillair Madamthangal Perumal Koil Street: Rs 2,090 per sq.ft (2024)
• Periya Street: Rs 2,090 per sq.ft (2024)

Stamp duty and registration fee for property in Perumal Koil Street Kudiyiruppu

For a 1,000 sq.ft plot at the current guideline value of Rs 2,090 per sq.ft, the total guideline value would be Rs 20,90,000. The stamp duty at 7% would amount to Rs 1,46,300, and the registration fee at 2% would be Rs 41,800, bringing the total fees to Rs 1,88,100. 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 information on fees.

Which Sub Registrar Office covers Perumal Koil Street Kudiyiruppu?

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

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

The guideline value is a crucial factor in property transactions in Noombal. It serves as a benchmark for determining the registration fees and stamp duties that must be paid when a property is bought or sold. This value is set by the government and is updated periodically to reflect changes in the real estate market.

When purchasing property, buyers should be aware that the guideline value may influence the sale price and the associated costs. It is essential to consult the latest figures to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of Perumal Koil Street Kudiyiruppu?

The current guideline value of Perumal Koil Street Kudiyiruppu is Rs 2,090 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2003?

Since 2003, the guideline value has increased from Rs 141 per sq.ft to Rs 2,090 per sq.ft in 2024, representing a total increase of 1382%.

What was the guideline value in 2023?

The guideline value for Perumal Koil Street Kudiyiruppu in 2023 was Rs 1,900 per sq.ft.

What is the registration office for Perumal Koil Street Kudiyiruppu?

The registration office for Perumal Koil Street Kudiyiruppu is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, the stamp duty is typically charged at 7%, while the registration fee is charged at 2% of the guideline value.