Guideline Value for Theepanjiyamman Koil Stree

Theepanjiyamman Koil Stree guideline value

The current guideline value of Theepanjiyamman Koil Stree is Rs 100 per sq.ft, effective from 1 July 2024. This street is located in Pennaloor village, under the jurisdiction of the Sriperumpudur SRO. The land classification for this area is Residential Class IV Type - I.

How the guideline value of Theepanjiyamman Koil Stree has changed

The guideline value for Theepanjiyamman Koil Stree has remained consistent at Rs 100 per sq.ft for the 2023 and 2024 revisions. Prior to that, the value was Rs 67 per sq.ft in the 2017 revision and Rs 100 per sq.ft in the 2012 revision. The register has no figures for the revisions in 2002, 2003, and 2007.

From the 2012 revision to the 2017 revision, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 49%. Overall, there has been no change in the guideline value from 2012 to 2024.

Guideline values in Pennaloor

In Pennaloor, there are 35 streets under the Sriperumpudur SRO that have a 2024 guideline value ranging from Rs 100 to Rs 1,200 per sq.ft. The median value for these streets is Rs 200 per sq.ft, making Theepanjiyamman Koil Stree's current figure below that median.

• Theruveedhiyamman Koil Street: Rs 100 per sq.ft (2024)
• Subrabath Nagar: Rs 300 per sq.ft (2024)
• Selliyamman Koil Street: Rs 100 per sq.ft (2024)
• Sathya Prabhu Nagar: Rs 200 per sq.ft (2024)
• Sathyamurthy Street: Rs 100 per sq.ft (2024)
• Ramanjuar Nagar: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Theepanjiyamman Koil Stree

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, totaling Rs 9,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Theepanjiyamman Koil Stree?

Theepanjiyamman Koil Stree is covered by the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is an important factor during the registration of property transactions in Pennaloor. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the transaction is recorded accurately in the official register.

When buying or selling property, it is essential to be aware of the guideline value, as it affects the overall cost of the transaction. Buyers and sellers should ensure that the sale price is aligned with the guideline value to avoid discrepancies during registration.

Frequently asked questions

What is the current guideline value of Theepanjiyamman Koil Stree?

The current guideline value of Theepanjiyamman Koil Stree is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 100 per sq.ft for the 2023 and 2024 revisions. It was Rs 67 per sq.ft in 2017 and Rs 100 per sq.ft in 2012, with no figures available for the revisions in 2002, 2003, and 2007.

What is the land classification for Theepanjiyamman Koil Stree?

The land classification for Theepanjiyamman Koil Stree is Residential Class IV Type - I, indicating its suitability for residential purposes.

What are the stamp duty and registration fees for property in Theepanjiyamman Koil Stree?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 9,000, calculated based on the guideline value of Rs 1,00,000.

Where is the Sub Registrar Office for Theepanjiyamman Koil Stree located?

The Sub Registrar Office covering Theepanjiyamman Koil Stree is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.