Guideline Value for Pillayar Koil St D.M.Pet

Pillayar Koil St D.M.Pet guideline value

The current guideline value of Pillayar Koil St D.M.Pet is Rs 600 per sq.ft, effective from 1 July 2024. This street is located in Thirukalukundrem A village, under the Thirukazhukundram SRO, and is classified as Residential Class I Type - III.

How the guideline value of Pillayar Koil St D.M.Pet has changed

The guideline value for Pillayar Koil St D.M.Pet has remained consistent at Rs 600 per sq.ft for both the 2023 and 2024 revisions. Prior to this, the 2017 revision recorded a guideline value of Rs 402 per sq.ft, indicating a significant increase of 49% from 2017 to 2023, and an overall increase of 49% from 2017 to 2024.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Therefore, the most recent revisions are the 2017, 2023, and 2024 figures, all of which reflect the current guideline value of Rs 600 per sq.ft.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO that carry a guideline value for 2024, ranging from Rs 300 to Rs 1,344 per sq.ft, with a median value of Rs 600 per sq.ft. The guideline value for Pillayar Koil St D.M.Pet aligns with this median.

• Pillayar Koil St: Rs 600 per sq.ft (2024)
• Pidari koil street: Rs 600 per sq.ft (2024)
• Periy Street: Rs 600 per sq.ft (2024)
• Periya Street Mangalam: Rs 600 per sq.ft (2024)
• Prathatchanapattai: Rs 600 per sq.ft (2024)
• Pudumettu Street: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Pillayar Koil St D.M.Pet

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value would be Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, resulting in a total of Rs 54,000. 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 Pillayar Koil St D.M.Pet?

The Sub Registrar Office that covers Pillayar Koil St D.M.Pet is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration of property transactions in Thirukalukundrem A. It serves as the basis for calculating the stamp duty and registration fees, which are mandatory when transferring property ownership.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, helping to maintain transparency and compliance with local regulations. It is advisable for buyers and sellers 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 Pillayar Koil St D.M.Pet?

The current guideline value of Pillayar Koil St D.M.Pet is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Pillayar Koil St D.M.Pet has remained at Rs 600 per sq.ft since the 2023 revision. Prior to that, it was Rs 402 per sq.ft in 2017, marking a 49% increase from 2017 to 2023.

What are the stamp duty and registration fees for property in Pillayar Koil St D.M.Pet?

For a property valued at Rs 6,00,000, the stamp duty would be Rs 42,000, and the registration fee would be Rs 12,000, totaling Rs 54,000. This is based on a 1,000 sq.ft plot at the current guideline value.

Which Sub Registrar Office covers Pillayar Koil St D.M.Pet?

Pillayar Koil St D.M.Pet falls under the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone.

How is the guideline value used in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It ensures that the transaction is recorded at a fair value and helps maintain transparency in the process.