Guideline Value

Corporate

Guideline Value for Perunchithanar Street

₹770/sq.ft.

The guideline value for Perunchithanar Street in Padiyanallur village (Redhills SRO, Chennai zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 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

Padiyanallur

Village

Redhills

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹770 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹700 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹171 /sq.ft.
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]

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Perunchithanar Street guideline value

The current guideline value of Perunchithanar Street in Padiyanallur village, under the Redhills SRO, is Rs 770 per sq.ft as per the 2024 revision. This street falls under the Residential Class I Type - I land classification.

How the guideline value of Perunchithanar Street has changed

The guideline value for Perunchithanar Street has seen several revisions over the years. In 2003, the guideline value was Rs 171 per sq.ft, which increased significantly to Rs 400 per sq.ft in 2007. The value then rose to Rs 700 per sq.ft in 2012, before dropping to Rs 469 per sq.ft in 2017. Following this, the value increased to Rs 700 per sq.ft in 2023 and finally reached Rs 770 per sq.ft in 2024, reflecting a 10% increase from the previous year.

Overall, from 2003 to 2024, the guideline value has increased by 350%. The register has no figure for this street in 2002.

Guideline values in Padiyanallur

Padiyanallur village has 132 streets under the Redhills SRO that carry a 2024 guideline value, ranging from Rs 385 to Rs 2,750 per sq.ft. The median value is Rs 770 per sq.ft, which is equal to the guideline value of Perunchithanar Street.

Stamp duty and registration fee for property in Perunchithanar Street

For a 1,000 sq.ft plot at the current rate of Rs 770 per sq.ft, the guideline value amounts to Rs 7,70,000. The stamp duty at 7% would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, making the total Rs 69,300. 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 details.

Which Sub Registrar Office covers Perunchithanar Street?

The Sub Registrar Office covering Perunchithanar 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 information.

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

The guideline value plays a crucial role during the registration of property transactions in Padiyanallur. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that the government receives the appropriate revenue from property transactions.

When buying or selling property, the guideline value is essential for both parties to understand the financial obligations involved. It serves as a benchmark for the minimum value on which the stamp duty is calculated, thereby influencing the overall transaction costs.

Frequently asked questions

What is the current guideline value of Perunchithanar Street?

The current guideline value of Perunchithanar Street is Rs 770 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 171 per sq.ft in 2003 to Rs 770 per sq.ft in 2024, reflecting an overall increase of 350% over this period.

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

Other streets in Padiyanallur include Pillaiar Koil Cross Street at Rs 1,320 per sq.ft, Perumal Koil Street (PANNEERVAKKAM COLONY) at Rs 385 per sq.ft, and several others listed in the guideline values section.

What is the registration fee for property in Perunchithanar Street?

The registration fee for property in Perunchithanar Street is 2% of the guideline value, which is Rs 15,400 for a 1,000 sq.ft plot at the current rate.

Where can I find the Sub Registrar Office for Perunchithanar Street?

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