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Guideline Value

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Guideline Value for RAJANKUPPAM PERUMAL KOIL TO PONNIAMMAN NAGAR

₹1650/sq.ft.

The guideline value for Rajankuppam Perumal Koil To Ponniamman Nagar in Perumalagaram village (Chennai South Joint Ii SRO, Chennai zone) is Rs 1650 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Perumalagaram

Village

Chennai South Joint II

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1650 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510538
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Rajankuppam Perumal Koil To Ponniamman Nagar

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Rajankuppam Perumal Koil To Ponniamman Nagar guideline value

The current guideline value for Rajankuppam Perumal Koil To Ponniamman Nagar is Rs 1,650 per sq.ft, effective from 1 July 2024. This property is located in Perumalagaram village, under the Chennai South Joint II SRO, and falls under the Residential Class III Type - I land classification.

How the guideline value of Rajankuppam Perumal Koil To Ponniamman Nagar has changed

The guideline value for Rajankuppam Perumal Koil To Ponniamman Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 1,500 per sq.ft, which was then reduced to Rs 1,005 per sq.ft in the 2017 revision. In 2023, the value increased to Rs 1,500 per sq.ft, and the latest revision in 2024 brings it to Rs 1,650 per sq.ft, marking a 10% increase from the previous year.

From 2017 to 2023, there was a significant increase of 49%. However, the value decreased by 33% from 2012 to 2017. Overall, from the 2012 revision to the 2024 revision, there has been a 10% increase in the guideline value. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Perumalagaram

In Perumalagaram, there are 74 streets under the Chennai South Joint II SRO that carry a 2024 guideline value, ranging from Rs 825 to Rs 7,920 per sq.ft. The median guideline value for these streets is Rs 3,190 per sq.ft, placing the 2024 figure for Rajankuppam Perumal Koil To Ponniamman Nagar below this median.

Stamp duty and registration fee for property in Rajankuppam Perumal Koil To Ponniamman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value would be Rs 16,50,000. The stamp duty at 7% would amount to Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, making the total charges Rs 1,48,500. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Rajankuppam Perumal Koil To Ponniamman Nagar?

The Rajankuppam Perumal Koil To Ponniamman Nagar area is covered by the Chennai South Joint II Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Perumalagaram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the registration process is standardized and transparent for all property transactions.

Frequently asked questions

What is the current guideline value for Rajankuppam Perumal Koil To Ponniamman Nagar?

The current guideline value for Rajankuppam Perumal Koil To Ponniamman Nagar is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017, then increased to Rs 1,500 per sq.ft in 2023, and finally to Rs 1,650 per sq.ft in 2024.

What is the land classification for this area?

The land classification for Rajankuppam Perumal Koil To Ponniamman Nagar is Residential Class III Type - I.

What is the median guideline value for streets in Perumalagaram?

The median guideline value for streets in Perumalagaram is Rs 3,190 per sq.ft, which is higher than the current guideline value for Rajankuppam Perumal Koil To Ponniamman Nagar.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office covering Rajankuppam Perumal Koil To Ponniamman Nagar is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.