Guideline Value for Perumal Koil Street

Perumal Koil Street guideline value

The current guideline value of Perumal Koil Street is Rs 1,500 per sq.ft, as per the 2023 revision. This street is located in Vandalur village and falls under the Gooduvancheri SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Perumal Koil Street has changed

In the 2012 revision, the guideline value was set at Rs 1,500 per sq.ft. This figure remained unchanged until the 2017 revision, where it decreased to Rs 1,005 per sq.ft, reflecting a decline of 33%. The most recent revision in 2023 saw the guideline value rise significantly to Rs 1,500 per sq.ft again, marking an increase of 49% from the 2017 figure.

Overall, from 2012 to 2023, the guideline value has remained stable with no net change. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Vandalur

Currently, there are no specific village figures provided for Vandalur. The guideline value for Perumal Koil Street is Rs 1,500 per sq.ft. Unfortunately, there are no other streets in Vandalur under the Gooduvancheri SRO listed.

Stamp duty and registration fee for property in Perumal Koil Street

For a 1,000 sq.ft plot at the current rate of Rs 1,500 per sq.ft, the guideline value would be Rs 15,00,000. The stamp duty at 7% would amount to Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, bringing the total to Rs 1,35,000. It is essential to remember that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Perumal Koil Street?

The Gooduvancheri Sub Registrar Office covers Perumal Koil Street. The office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. To find your SRO, please visit find your SRO.

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

The guideline value is a crucial factor in property transactions in Vandalur, as it determines the minimum value at which properties can be registered. When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher.

This ensures that the government receives appropriate revenue from property transactions. Therefore, understanding the current guideline value is essential for both buyers and sellers in the area.

Frequently asked questions

What is the current guideline value of Perumal Koil Street?

The current guideline value of Perumal Koil Street is Rs 1,500 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value of Perumal Koil Street was Rs 1,500 per sq.ft in 2012, decreased to Rs 1,005 per sq.ft in 2017, and returned to Rs 1,500 per sq.ft in 2023. Overall, there has been no change from 2012 to 2023.

What are the stamp duty and registration fees for properties on this street?

For a property valued at Rs 15,00,000, the stamp duty would be Rs 1,05,000, and the registration fee would be Rs 30,000, totaling Rs 1,35,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Which office handles registrations for Perumal Koil Street?

The Gooduvancheri Sub Registrar Office handles registrations for Perumal Koil Street. It is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

Are there any other streets in Vandalur with guideline values?

Currently, there are no other streets in Vandalur listed under the Gooduvancheri SRO. Therefore, the guideline value for Perumal Koil Street is the only one available in this area.