Guideline Value for Pilliyar Koil Street (8)

Pilliyar Koil Street (8) guideline value

The current guideline value of Pilliyar Koil Street (8) is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Pozhichalur village under the Pammal SRO, classified as Commercial Class I Type - I.

How the guideline value of Pilliyar Koil Street (8) has changed

The guideline value for Pilliyar Koil Street (8) has seen significant changes over the years. The 2017 revision recorded a guideline value of Rs 1,340 per sq.ft, which increased to Rs 2,000 per sq.ft in the 2023 revision, marking a 49% rise. The latest revision in 2024 set the value at Rs 2,200 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Pozhichalur

In Pozhichalur, there are 299 streets under the Pammal SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 4,500 per sq.ft. The median guideline value in the village is Rs 1,320 per sq.ft, placing Pilliyar Koil Street (8) above this median.

• Pilliyar Koil Street (15): Rs 2,200 per sq.ft (2024)
• Pilliyar Koil Cross Street: Rs 2,200 per sq.ft (2024)
• Police Commisioner Colony: Rs 2,200 per sq.ft (2024)
• Pillaiyar Koil Street: Rs 2,200 per sq.ft (2024)
• Perumal Street: Rs 1,100 per sq.ft (2024)
• Poonurangam Nagar: Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in Pilliyar Koil Street (8)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, while the registration fee at 2% would be Rs 44,000, bringing the total fees to Rs 1,98,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Pilliyar Koil Street (8)?

The Sub Registrar Office that covers Pilliyar Koil Street (8) is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Pozhichalur. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair price as per the government regulations. Buyers and sellers should 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 Pilliyar Koil Street (8)?

The current guideline value of Pilliyar Koil Street (8) is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,340 per sq.ft in 2017 to Rs 2,200 per sq.ft in 2024, an overall increase of 64%. The value was Rs 2,000 per sq.ft in 2023, showing a 10% increase in the latest revision.

What is the land classification of Pilliyar Koil Street (8)?

Pilliyar Koil Street (8) is classified as Commercial Class I Type - I. This classification can influence the types of developments permitted in the area.

What is the median guideline value in Pozhichalur?

The median guideline value in Pozhichalur is Rs 1,320 per sq.ft. Pilliyar Koil Street (8) is above this median with its current value of Rs 2,200 per sq.ft.

Where can I find the Sub Registrar Office for Pilliyar Koil Street (8)?

The Sub Registrar Office for Pilliyar Koil Street (8) is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.