Guideline Value for Pillaiyar Koil Street

Pillaiyar Koil Street guideline value

The current guideline value of Pillaiyar Koil Street is Rs 1,195 per sq.ft, as per the 2023 revision. This street is located in Ayyencheri village under the Gooduvancheri SRO, classified as Residential Class I Type - I.

How the guideline value of Pillaiyar Koil Street has changed

The guideline value for Pillaiyar Koil Street has undergone several revisions over the years. In the 2007 revision, the value was Rs 370 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in 2012. However, there was a decrease to Rs 800 per sq.ft in the 2017 revision. The most recent revision in 2023 saw an increase to Rs 1,195 per sq.ft.

Overall, from 2007 to 2023, the guideline value has increased by 223%. The change from 2017 to 2023 was an increase of 49%. Notably, there are no figures available for the revisions in 2002, 2003, and 2024 for this street.

Guideline values in Ayyencheri

Currently, there are no specific figures available for other streets in Ayyencheri under the Gooduvancheri SRO. Pillaiyar Koil Street stands out with its current guideline value.

Stamp duty and registration fee for property in Pillaiyar Koil Street

For a 1,000 sq.ft plot at the current rate of Rs 1,195 per sq.ft, the guideline value amounts to Rs 11,95,000. The stamp duty at 7% would be Rs 83,650, while the registration fee at 2% would be Rs 23,900, bringing the total to Rs 1,07,550. It's important to note that 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 Pillaiyar Koil Street?

The Sub Registrar Office that covers Pillaiyar Koil Street is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

To find your SRO, visit find your SRO.

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

The guideline value is a crucial factor in property transactions as it determines the minimum value at which a property can be registered. When buying or selling property in Ayyencheri, the guideline value will be used to calculate the stamp duty and registration fees, ensuring that the transaction is compliant with local regulations.

It is essential for buyers and sellers to be aware of the guideline value, as it affects the overall cost of the transaction. This value serves as a benchmark for both parties during negotiations and finalization of the sale.

Frequently asked questions

What is the current guideline value of Pillaiyar Koil Street?

The current guideline value of Pillaiyar Koil Street is Rs 1,195 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

Since 2007, the guideline value has increased from Rs 370 per sq.ft to Rs 1,195 per sq.ft in 2023, marking an overall increase of 223%.

What are the stamp duty and registration fees for property in Pillaiyar Koil Street?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, these fees total Rs 1,07,550.

Which office handles registrations for Pillaiyar Koil Street?

The Gooduvancheri Sub Registrar Office handles registrations for Pillaiyar Koil Street, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202.

Is there a guideline value for 2024 for Pillaiyar Koil Street?

No, the register does not have a guideline value for Pillaiyar Koil Street for the year 2024.