Guideline Value for Perumal Koil Street

Perumal Koil Street guideline value

The current guideline value of Perumal Koil Street is Rs 700 per sq.ft. This street is located in Nallur_2 village and falls under the Redhills SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Perumal Koil Street has changed

In the 2017 revision, the guideline value was Rs 469 per sq.ft. This figure increased to Rs 700 per sq.ft in the 2023 revision, reflecting a change of +49% over the six-year period. The register has no figures for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street.

From 2017 to 2023, the increase in guideline value indicates a significant adjustment. The current value of Rs 700 per sq.ft is the only figure available for the most recent revision, while previous years do not provide any data for this street.

Guideline values in Nallur_2

There are no specific village figures available for Nallur_2. Perumal Koil Street is the only street mentioned under the Redhills SRO.

Stamp duty and registration fee for property in Perumal Koil Street

For a 1,000 sq.ft plot at the current rate of Rs 700 per sq.ft, the guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, bringing the total to Rs 63,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Perumal Koil Street?

The Sub Registrar Office that covers Perumal Koil Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Nallur_2

The guideline value is an essential factor during the registration of property transactions in Nallur_2. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that all transactions are fairly assessed.

When buying or selling property, it is crucial to consider the guideline value as it affects the overall cost of the transaction. Buyers should be aware that the duty is charged on the higher of the guideline value or the sale price, which can impact their financial planning.

Frequently asked questions

What is the current guideline value of Perumal Koil Street?

The current guideline value of Perumal Koil Street is Rs 700 per sq.ft, as per the 2023 revision.

How much has the guideline value changed over the years?

The guideline value increased from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in 2023, marking a change of +49% over this period.

Are there any guideline values for earlier years for this street?

The register has no figures for the revisions in 2002, 2003, 2007, 2012, and 2024 for Perumal Koil Street.

What is the stamp duty for property in Perumal Koil Street?

The stamp duty for property in Perumal Koil Street is 7% of the guideline value or sale price, whichever is higher. For a plot valued at Rs 7,00,000, the stamp duty would be Rs 49,000.

Which office handles property registration for Perumal Koil Street?

The Redhills Sub Registrar Office handles property registration for Perumal Koil Street, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.