Guideline Value for THANISKEYAR (PER)

Thaniskeyar (Per) guideline value

The current guideline value of Thaniskeyar (Per) is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Kattankollatur village, under the Chengleput Joint II SRO, and is classified as Residential Special Type - V.

How the guideline value of Thaniskeyar (Per) has changed

The guideline value for Thaniskeyar (Per) has undergone several revisions over the years. The earliest registered figure is from 2012, which was Rs 1,200 per sq.ft. This was followed by a decrease to Rs 804 per sq.ft in 2017. The value then increased to Rs 1,200 per sq.ft in 2023, and finally, it is now Rs 1,320 per sq.ft in 2024.

Examining the changes between these revisions, from 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased significantly by 49%. The latest revision from 2023 to 2024 shows a 10% increase. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Kattankollatur

Kattankollatur has a total of 453 streets under the Chengleput Joint II SRO with guideline values ranging from Rs 440 to Rs 3,612 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, indicating that the guideline value for Thaniskeyar (Per) is above this median.

• Thembavani Street (N): Rs 1,320 per sq.ft (2024)
• Thalamuthu Natarajan Salai (Ward -8): Rs 1,760 per sq.ft (2024)
• Thenral Nagar (Kr): Rs 660 per sq.ft (2024)
• Thaiyumanavar Street (Ward -5): Rs 1,320 per sq.ft (2024)
• Thilagar Street (Ward -8): Rs 1,320 per sq.ft (2024)
• Thirugnanasambanthar Street (Ward -6): Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in Thaniskeyar (Per)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value would be Rs 13,20,000. The stamp duty at 7% would amount to Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total fees to Rs 1,18,800. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thaniskeyar (Per)?

The Sub Registrar Office that covers Thaniskeyar (Per) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor during the registration process of property transactions in Kattankollatur. It serves as a benchmark for determining the stamp duty and registration fees applicable when buying or selling property in the area.

When a property is sold, the guideline value helps ensure that the transaction is registered at a price that reflects the current market conditions. This value is crucial for both buyers and sellers to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value for Thaniskeyar (Per)?

The current guideline value for Thaniskeyar (Per) is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, starting from Rs 1,200 per sq.ft in 2012, decreasing to Rs 804 per sq.ft in 2017, then increasing to Rs 1,200 per sq.ft in 2023, and finally reaching Rs 1,320 per sq.ft in 2024.

What is the land classification for Thaniskeyar (Per)?

Thaniskeyar (Per) is classified as Residential Special Type - V under the current guidelines.

What are the stamp duty and registration fees for property in Thaniskeyar (Per)?

For a 1,000 sq.ft plot, the total guideline value is Rs 13,20,000. The stamp duty at 7% is Rs 92,400, and the registration fee at 2% is Rs 26,400, totaling Rs 1,18,800.

Which office handles registrations for Thaniskeyar (Per)?

The Chengleput Joint II Sub Registrar Office handles registrations for Thaniskeyar (Per), located at 10, Kancheepuram Main Road, Chengalpattu 603 002.