Guideline Value for THANISKEYAR (PER)

Thaniskeyar (Per) guideline value

The current guideline value of Thaniskeyar (Per), located in Peramanoor village under the Chengleput Joint II SRO, is Rs 1,320 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Special Type - V.

How the guideline value of Thaniskeyar (Per) has changed

The guideline value of Thaniskeyar (Per) has undergone several revisions over the years. The 2012 revision set the value at Rs 1,200 per sq.ft. This figure was reduced to Rs 804 per sq.ft in the 2017 revision, marking a decline of 33%. However, the value saw a significant increase in the following revisions, reaching Rs 1,200 per sq.ft in 2023 and further rising to Rs 1,320 per sq.ft in 2024, which is a 10% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. The register has no figure for the years 2002, 2003, and 2007 for this street.

Guideline values in Peramanoor

In Peramanoor village, there are 430 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 550 to Rs 2,200 per sq.ft, with a median value of Rs 1,100 per sq.ft. The guideline value of 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 661 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 amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total to Rs 1,18,800. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for further calculations.

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 Peramanoor

The guideline value plays a crucial role during property transactions in Peramanoor. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration. Buyers and sellers must be aware of the current guideline value to ensure accurate financial planning for their property transactions.

When a property is sold, the guideline value is considered to ensure that the transaction is registered at a fair value. This helps in maintaining transparency in property dealings and ensures that the government receives the appropriate revenue through stamp duty and registration fees.

Frequently asked questions

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

The current guideline value of 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 changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,320 per sq.ft in 2024.

What is the land classification for Thaniskeyar (Per)?

The land classification for Thaniskeyar (Per) is Residential Special Type - V.

Where can I find the Sub Registrar Office for Thaniskeyar (Per)?

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

How is stamp duty calculated for properties in Thaniskeyar (Per)?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft would incur a total stamp duty of Rs 92,400.