Guideline Value for Perumal Koil Street

Perumal Koil Street guideline value

The current guideline value of Perumal Koil Street is Rs 150 per sq.ft. This street is located in Kunduperumpedu village under the Sriperumpudur SRO, classified as Residential Class III Type - I.

How the guideline value of Perumal Koil Street has changed

In the 2012 revision, the guideline value was set at Rs 150 per sq.ft. This value remained unchanged in the subsequent 2017 revision, where it was recorded at Rs 100 per sq.ft, reflecting a decrease of 33%. However, from 2017 to 2023, the value increased by 50%, bringing it back to Rs 150 per sq.ft. The 2024 revision again maintains this figure at Rs 150 per sq.ft, showing no change from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has remained the same at Rs 150 per sq.ft.

Guideline values in Kunduperumpedu

Kunduperumpedu village has a total of 35 streets under the Sriperumpudur SRO that carry a 2024 guideline value. These values range from Rs 100 to Rs 500 per sq.ft, with a median of Rs 200 per sq.ft. The guideline value for Perumal Koil Street is below this median.

• Peninsula Nagar: Rs 200 per sq.ft (2024)
• Pallikkuda Street: Rs 150 per sq.ft (2024)
• Nagathamman Koil Street: Rs 150 per sq.ft (2024)
• Muthu Mariyamman Koil Street: Rs 150 per sq.ft (2024)
• Sai Krishna Garden: Rs 200 per sq.ft (2024)
• Selvam Nagar: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Perumal Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 150 per sq.ft, the total guideline value amounts to Rs 1,50,000. The stamp duty at 7% would be Rs 10,500, and the registration fee at 2% would be Rs 3,000, making the total fees together Rs 13,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Perumal Koil Street?

The Sub Registrar Office that covers Perumal Koil Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role when buying or selling property in Kunduperumpedu. It is used to determine the stamp duty and registration fees that must be paid at the time of registration. Buyers and sellers must be aware of this value to ensure compliance with local regulations.

When a property is registered, the guideline value is compared to the sale price, and the duty is charged on the higher of the two. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Perumal Koil Street?

The current guideline value of Perumal Koil Street is Rs 150 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, with the most recent being Rs 150 per sq.ft in both the 2023 and 2024 revisions. It was Rs 100 per sq.ft in 2017 and Rs 150 per sq.ft in 2012.

What are the other streets in Kunduperumpedu with their guideline values?

Other streets in Kunduperumpedu include Peninsula Nagar at Rs 200 per sq.ft, Pallikkuda Street, Nagathamman Koil Street, and Muthu Mariyamman Koil Street all at Rs 150 per sq.ft, and Sai Krishna Garden at Rs 200 per sq.ft, and Selvam Nagar at Rs 250 per sq.ft.

What are the stamp duty and registration fees for property in Perumal Koil Street?

For a property valued at Rs 1,50,000, the stamp duty would be Rs 10,500 and the registration fee would be Rs 3,000, totaling Rs 13,500. This is based on the current guideline value of Rs 150 per sq.ft.

Where is the Sub Registrar Office for Perumal Koil Street located?

The Sub Registrar Office for Perumal Koil Street is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.