Guideline Value

Corporate

Guideline Value for Perumal Koil Street

₹220/sq.ft.

The guideline value for Perumal Koil Street in Puthu Errumai Vettipalayam village (Redhills SRO, Chennai zone) is Rs 220 per sq.ft, effective 1 July 2024. It was Rs 200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puthu Errumai Vettipalayam

Village

Redhills

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹220 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹134 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Perumal Koil Street

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Perumal Koil Street guideline value

The current guideline value of Perumal Koil Street is Rs 220 per sq.ft. This street is located in Puthu Errumai Vettipalayam village, 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 for Perumal Koil Street was Rs 134 per sq.ft. This figure increased to Rs 200 per sq.ft in the 2023 revision, marking a significant rise of 49%. The most recent revision in 2024 has set the guideline value at Rs 220 per sq.ft, reflecting a further increase of 10% from the previous year.

There are no figures available for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 64%.

Guideline values in Puthu Errumai Vettipalayam

In Puthu Errumai Vettipalayam, there are 8 streets under the Redhills SRO that carry a 2024 guideline value, ranging from Rs 110 to Rs 220 per sq.ft. The median guideline value for these streets is Rs 220 per sq.ft, which is the same as the 2024 figure for Perumal Koil Street.

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 220 per sq.ft, the total guideline value would be Rs 2,20,000. The stamp duty at 7% would amount to Rs 15,400, and the registration fee at 2% would be Rs 4,400, bringing the total fees together to Rs 19,800. It is important to 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 precise calculations based on your property details.

Which Sub Registrar Office covers Perumal Koil Street?

The Sub Registrar Office that covers Perumal Koil 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 more information.

How the guideline value is used when you buy or sell in Puthu Errumai Vettipalayam

The guideline value is a crucial factor in property transactions in Puthu Errumai Vettipalayam. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices to ensure compliance with registration requirements.

When registering a property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that the transaction is recorded accurately and legally, reflecting the value of the property in the local market.

Frequently asked questions

What is the current guideline value of Perumal Koil Street?

The current guideline value of Perumal Koil Street is Rs 220 per sq.ft, effective from July 1, 2024.

How has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 134 per sq.ft to Rs 220 per sq.ft in 2024, marking a total increase of 64% over this period.

What is the stamp duty rate for properties in Perumal Koil Street?

The stamp duty rate for properties in Perumal Koil Street is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Perumal Koil Street?

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

What are the other streets in Puthu Errumai Vettipalayam with similar guideline values?

Other streets in Puthu Errumai Vettipalayam with a 2024 guideline value of Rs 220 per sq.ft include Poorani Avenue, Ram Nagar, Saraswathi Nagar, Sri Ganapathy Garden, and Sri Vijayalakshmi Nagar.