Guideline Value for Pillayar Koil Street

Pillayar Koil Street guideline value

The current guideline value of Pillayar Koil Street is Rs 1,500 per sq.ft, as per the 2023 revision. This street is located in Vandalur village and falls under the Gooduvancheri SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Pillayar Koil Street has changed

The guideline value for Pillayar Koil Street has undergone several revisions over the years. In the 2012 revision, the guideline value was set at Rs 1,500 per sq.ft. However, in the 2017 revision, it decreased to Rs 1,005 per sq.ft, marking a drop of 33%. The most recent revision in 2023 saw the value increase to Rs 1,500 per sq.ft, reflecting a rise of 49% from the 2017 figure.

Overall, comparing the figures from 2012 to 2023, there has been no change in the guideline value, remaining at Rs 1,500 per sq.ft. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2024 for this street.

Guideline values in Vandalur

Currently, there are no specific village figures available for Vandalur. Pillayar Koil Street has a guideline value of Rs 1,500 per sq.ft as per the 2023 revision. There are no other streets in Vandalur listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Pillayar Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,500 per sq.ft, the total guideline value would be Rs 15,00,000. The stamp duty at 7% would amount to Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, bringing the total to Rs 1,35,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Pillayar Koil Street?

The Sub Registrar Office that covers Pillayar Koil Street is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery - 603202, Chengalpattu registration zone. You can find your SRO for more details.

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

When buying or selling property in Vandalur, the guideline value plays a crucial role in determining the stamp duty and registration fees. Buyers must ensure that the property is registered at the guideline value or the sale price, whichever is higher, to comply with the regulations set by the Registration Department.

This guideline value is essential for calculating the financial obligations associated with property transactions, ensuring that all parties are aware of the costs involved in the registration process.

Frequently asked questions

What is the current guideline value of Pillayar Koil Street?

The current guideline value of Pillayar Koil Street is Rs 1,500 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Pillayar Koil Street was Rs 1,500 per sq.ft in 2012, decreased to Rs 1,005 per sq.ft in 2017, and returned to Rs 1,500 per sq.ft in 2023.

Is there any guideline value for the years 2002, 2003, and 2007?

The register has no figures for Pillayar Koil Street for the years 2002, 2003, and 2007.

What are the stamp duty and registration fees for a property on Pillayar Koil Street?

For a property of 1,000 sq.ft at the current guideline value, the total stamp duty would be Rs 1,05,000 and the registration fee would be Rs 30,000, totaling Rs 1,35,000.

Where is the Sub Registrar Office for Pillayar Koil Street located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery - 603202, Chengalpattu registration zone.