Guideline Value for Perumal Kovil Street

Perumal Kovil Street guideline value

The current guideline value of Perumal Kovil Street is Rs 100 per sq.ft, effective from 1 July 2024. This street is located in AagaramB village, under the Sunguvarchattram SRO, and is classified as Residential Class II Type - I.

How the guideline value of Perumal Kovil Street has changed

From the 2017 revision, the guideline value for Perumal Kovil Street has increased from Rs 67 per sq.ft to Rs 100 per sq.ft in 2024, reflecting a total increase of 49%. The 2023 revision also maintained the guideline value at Rs 100 per sq.ft, showing no change from the previous year.

There are no registered figures for Perumal Kovil Street in the years 2002, 2003, 2007, and 2012. Therefore, the only revisions available for this street are from 2017, 2023, and 2024.

Guideline values in AagaramB

AagaramB village has a total of 10 streets under the Sunguvarchattram SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 374 per sq.ft. The median guideline value for these streets is Rs 125 per sq.ft, placing Perumal Kovil Street's 2024 figure below that median.

• Nammalwar Nagar: Rs 374 per sq.ft (2024)
• Mettu Street: Rs 100 per sq.ft (2024)
• Sri Ram Avenue: Rs 150 per sq.ft (2024)
• Gangaiamman Kovil Street: Rs 100 per sq.ft (2024)
• Eden Garden Farm Land: Rs 100 per sq.ft (2024)
• Dnh Sri Maheswari Avenue: Rs 350 per sq.ft (2024)

Stamp duty and registration fee for property in Perumal Kovil Street

For a 1,000 sq.ft plot at the current rate of Rs 100 per sq.ft, the guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, making the total Rs 9,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Perumal Kovil Street?

The Sub Registrar Office that covers Perumal Kovil Street is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find your SRO for more information.

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

When buying or selling property in AagaramB, the guideline value plays a crucial role in determining the applicable stamp duty and registration fees. This value is set by the government and reflects the minimum price at which properties can be registered, ensuring transparency in property transactions.

The guideline value is vital for both buyers and sellers, as it helps in assessing the fair value of the property being transacted. It is important to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Perumal Kovil Street?

The current guideline value of Perumal Kovil Street is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 67 per sq.ft in 2017 to Rs 100 per sq.ft in 2024, marking a 49% increase. The value remained unchanged at Rs 100 per sq.ft from 2023 to 2024.

What is the median guideline value in AagaramB?

The median guideline value for the streets in AagaramB is Rs 125 per sq.ft. Perumal Kovil Street's 2024 figure is below this median.

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

For a 1,000 sq.ft plot at the current rate, the total stamp duty and registration fees would amount to Rs 9,000. This includes a stamp duty of Rs 7,000 and a registration fee of Rs 2,000.

Which office handles registrations for Perumal Kovil Street?

The Sunguvarchattram Sub Registrar Office handles registrations for Perumal Kovil Street. It is located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.