Guideline Value for Perumal koil Street

Perumal koil Street guideline value

The current guideline value of Perumal koil Street in Noombal village, under the Kunrathur SRO, is Rs 2,090 per sq.ft, effective from 1 July 2024. This street falls under the Residential Special Type - I land classification.

How the guideline value of Perumal koil Street has changed

The guideline value of Perumal koil Street has seen significant changes over the years. In the 2003 revision, the value was Rs 135 per sq.ft, which increased to Rs 1,273 per sq.ft in 2017. This marked an increase of 843%. Following that, the value rose to Rs 1,900 per sq.ft in 2023, a 49% increase from the previous revision. The most recent revision in 2024 has set the guideline value at Rs 2,090 per sq.ft, reflecting a 10% increase from 2023.

There are no figures available for the revisions in 2002, 2007, and 2012 for this street. Overall, from 2003 to 2024, the guideline value has increased by 1448%.

Guideline values in Noombal

Noombal village has a total of 164 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 6,500 per sq.ft, with the median being Rs 2,090 per sq.ft. Perumal koil Street's 2024 figure aligns with this median.

• Perumal Koil Ist Cross Street: Rs 2,090 per sq.ft (2024)
• Perumal Koil 3rd Cross Street: Rs 2,090 per sq.ft (2024)
• Perumal Koil 2nd Cross Street: Rs 2,090 per sq.ft (2024)
• Perumal Koil Street Kudiyiruppu: Rs 2,090 per sq.ft (2024)
• Periya Street: Rs 2,090 per sq.ft (2024)
• Pillair Madamthangal Perumal Koil Street: Rs 2,090 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 2,090 per sq.ft, the total guideline value amounts to Rs 20,90,000. The stamp duty at 7% would be Rs 1,46,300, and the registration fee at 2% would be Rs 41,800, making the total cost for these fees Rs 1,88,100. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Perumal koil Street?

The Sub Registrar Office that covers Perumal koil Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Noombal. It serves as the basis for calculating the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is registered, the guideline value ensures that the correct amount of duty is collected, reflecting the official value of the property as determined by the local authorities.

Frequently asked questions

What is the current guideline value of Perumal koil Street?

The current guideline value of Perumal koil Street is Rs 2,090 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 135 per sq.ft in 2003 to Rs 2,090 per sq.ft in 2024, marking an overall increase of 1448%.

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

For a 1,000 sq.ft plot, the total guideline value is Rs 20,90,000, with stamp duty at Rs 1,46,300 and registration fees at Rs 41,800, totaling Rs 1,88,100.

Which Sub Registrar Office covers this area?

The Kunrathur Sub Registrar Office covers Perumal koil Street, located at No.59, Road Street, Kundrathur, Chennai -600 069.

What is the land classification for Perumal koil Street?

Perumal koil Street falls under the Residential Special Type - I land classification.