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Guideline Value

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Guideline Value for Pillaiyar Koil Street (Pudhu Edapalayam)

₹220/sq.ft.

The guideline value for Pillaiyar Koil Street (pudhu Edapalayam) in Pazhaya Erumai 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

Pazhaya Erumai 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 ₹200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹100 /sq.ft.
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 Pillaiyar Koil Street (pudhu Edapalayam)

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Pillaiyar Koil Street (Pudhu Edapalayam) guideline value

The current guideline value of Pillaiyar Koil Street (Pudhu Edapalayam) is Rs 220 per sq.ft, effective from 1 July 2024. This street is located in Pazhaya Erumai Vettipalayam village, under the Redhills SRO, and is classified as Residential Class I Type - I.

How the guideline value of Pillaiyar Koil Street (Pudhu Edapalayam) has changed

The guideline value for Pillaiyar Koil Street has seen several revisions over the years. In 2007, the value was Rs 100 per sq.ft, which increased to Rs 200 per sq.ft in 2012, marking a 100% rise. However, it dropped to Rs 134 per sq.ft in 2017, a decrease of 33%. The value then rose significantly to Rs 200 per sq.ft in 2023, and further increased to Rs 220 per sq.ft in 2024, reflecting a 10% increase from the previous year.

Notably, the register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 120%.

Guideline values in Pazhaya Erumai Vettipalayam

Pazhaya Erumai Vettipalayam has 14 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 110 to Rs 220 per sq.ft, with the median value being Rs 220 per sq.ft. Pillaiyar Koil Street (Pudhu Edapalayam) matches this median value.

Stamp duty and registration fee for property in Pillaiyar Koil Street (Pudhu Edapalayam)

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 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.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Pillaiyar Koil Street (Pudhu Edapalayam)?

The Sub Registrar Office that covers Pillaiyar Koil Street (Pudhu Edapalayam) is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO here.

How the guideline value is used when you buy or sell in Pazhaya Erumai Vettipalayam

The guideline value is a crucial factor in the registration process when buying or selling property in Pazhaya Erumai Vettipalayam. It determines the minimum value at which the property can be registered, ensuring that the transaction is transparent and fair.

When a property is sold, the guideline value serves as a benchmark for calculating stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value or the sale price, which can impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Pillaiyar Koil Street (Pudhu Edapalayam)?

The current guideline value of Pillaiyar Koil Street (Pudhu Edapalayam) is Rs 220 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 100 per sq.ft in 2007 to Rs 220 per sq.ft in 2024, reflecting an overall increase of 120% over the years.

What is the registration office for Pillaiyar Koil Street (Pudhu Edapalayam)?

The registration office for Pillaiyar Koil Street (Pudhu Edapalayam) is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 2,20,000, the stamp duty would be Rs 15,400 and the registration fee would be Rs 4,400, totaling Rs 19,800.

Are there other streets with similar guideline values in Pazhaya Erumai Vettipalayam?

Yes, there are several other streets in Pazhaya Erumai Vettipalayam with a guideline value of Rs 220 per sq.ft, including Pillaiyar Koil Street (Old Edapalayam) and Perumal Koil Street (Pudhu Edapalayam).