Guideline Value for White Pearls City

White Pearls City guideline value

The current guideline value of White Pearls City is Rs 2,709 per sq.ft. This area is located in Kanakapattu village, under the Thiruporur SRO, and falls under the Residential Class V Type - I land classification.

How the guideline value of White Pearls City has changed

The guideline value for White Pearls City has seen several revisions over the years. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 2,463 per sq.ft, which was an increase from the previous figure. The latest revision in 2024 increased the guideline value to Rs 2,709 per sq.ft, reflecting a change of +10% from the 2023 figure.

Looking at the changes, the 2023 revision marked a significant increase from the earlier years, culminating in the current guideline value of Rs 2,709 per sq.ft in 2024. This value is now above the median guideline value of Rs 2,205 per sq.ft for other streets in Kanakapattu under the Thiruporur SRO.

Guideline values in Kanakapattu

In Kanakapattu, there are 15 streets under the Thiruporur SRO that have a 2024 guideline value ranging from Rs 665 to Rs 3,225 per sq.ft. White Pearls City's guideline value is higher than the median of Rs 2,205 per sq.ft. The following are the guideline values for other streets in Kanakapattu:

• Sri Vinayaga Nagar: Rs 665 per sq.ft (2024)
• Serene Hub: Rs 1,815 per sq.ft (2024)
• Ram Nagar: Rs 2,200 per sq.ft (2024)
• Harini City: Rs 1,320 per sq.ft (2024)
• Dugar Properties: Rs 2,205 per sq.ft (2024)
• A.D. Viswanath Avenue: Rs 1,980 per sq.ft (2024)

Stamp duty and registration fee for property in White Pearls City

For a 1,000 sq.ft plot at the current guideline value of Rs 2,709 per sq.ft, the total guideline value would amount to Rs 27,09,000. The stamp duty at 7% would be Rs 1,89,630, and the registration fee at 2% would be Rs 54,180, resulting in a total of Rs 2,43,810. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers White Pearls City?

The Sub Registrar Office that covers White Pearls City is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering a property in Kanakapattu. It serves as a benchmark for determining the stamp duty and registration fees applicable during the transaction. Buyers and sellers must be aware of the guideline value to ensure compliance with the registration requirements.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for the legal transfer of ownership. This ensures that all transactions are conducted transparently and in accordance with the regulations set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of White Pearls City?

The current guideline value of White Pearls City is Rs 2,709 per sq.ft as of the 2024 revision, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,463 per sq.ft in 2023 to Rs 2,709 per sq.ft in 2024, reflecting a +10% increase. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value for other streets in Kanakapattu?

The median guideline value for other streets in Kanakapattu is Rs 2,205 per sq.ft. White Pearls City's guideline value is above this median, indicating its relative position among the streets.

What are the stamp duty and registration fees for a property in White Pearls City?

For a 1,000 sq.ft plot at the current guideline value, the total guideline value amounts to Rs 27,09,000. The stamp duty would be Rs 1,89,630, and the registration fee would be Rs 54,180, totaling Rs 2,43,810.

Where is the Sub Registrar Office for White Pearls City located?

The Sub Registrar Office covering White Pearls City is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. This office handles all registration activities for the area.