Guideline Value for Pillayar Koil St

Pillayar Koil St guideline value

The current guideline value of Pillayar Koil St is Rs 600 per sq.ft. 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 has changed

The guideline value for Pillayar Koil St has seen several revisions over the years. The oldest available figure is from the 2017 revision, which was Rs 402 per sq.ft. In the 2023 revision, the value remained unchanged at Rs 600 per sq.ft. The most recent revision in 2024 also maintains the guideline value at Rs 600 per sq.ft, indicating no change from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 49%. The 2023 to 2024 revision shows no percentage change, as both years have the same 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 2024 guideline value ranging from Rs 300 to Rs 1,344 per sq.ft. The median value for these streets is Rs 600 per sq.ft, which is the same as the guideline value for Pillayar Koil St.

• Pillayar Koil St D.M.Pet: 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

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, bringing the total fees to 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?

The Sub Registrar Office that covers Pillayar Koil St 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 plays a crucial role in the registration process of properties in Thirukalukundrem A. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that these costs are calculated based on the established rates.

It is essential for buyers and sellers to be aware of the guideline value, as it affects the overall transaction costs. Accurate knowledge of the guideline value helps in planning the financial aspects of property transactions in the region.

Frequently asked questions

What is the current guideline value of Pillayar Koil St?

The current guideline value of Pillayar Koil St 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 has remained at Rs 600 per sq.ft since the 2023 revision. It increased from Rs 402 per sq.ft in the 2017 revision, showing a 49% increase overall from 2017 to 2024.

What are the guideline values for other streets in Thirukalukundrem A?

Other streets in Thirukalukundrem A also have a guideline value of Rs 600 per sq.ft, including Pillayar Koil St D.M.Pet, Pidari koil street, Periy Street, Periya Street Mangalam, and Prathatchanapattai. Pudumettu Street has a lower value of Rs 400 per sq.ft.

What are the stamp duty and registration fees for a property in Pillayar Koil St?

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 calculated based on the guideline value of Rs 600 per sq.ft.

Where can I find the Sub Registrar Office for Pillayar Koil St?

The Sub Registrar Office for Pillayar Koil St is located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find more information about your SRO through the provided link.