Common Schedule of Plinth Area Rates for the Valuation of Buildings for Rental Calculation Purpose by PWD and for the Purpose of Collection of Stamp Duty by Registration Department During the Year 2022-2023 (16 Aug 2022)

What the schedule covers

Proceedings No. HDO (B) / 65325 / 2001 of the Government of Tamil Nadu Public Works Department approves a common schedule for valuing buildings by plinth area. The valuation excludes the cost of land and is used for two purposes:

• Rental calculations by the Public Works Department.
• Collection of stamp duty by the Registration Department.

The schedule applies throughout Tamil Nadu, subject to location based additions. It contains categories for load bearing structures, reinforced cement concrete framed structures, godowns, older mud mortar construction, thatched or tiled roofs, garages, miscellaneous items, external and internal services, and electrical items.

Who may be affected

The Common Schedule of Plinth Area Rates may affect owners whose private buildings are occupied or proposed to be occupied by government offices, because Public Works Department officers use it for new rent or rent renewal calculations. It may also affect property transactions where the Registration Department uses building valuation for stamp duty collection.

Chief Engineers, Superintending Engineers and Executive Engineers of the Public Works Department were requested to adopt the approved rates when working out building rent.

Key provisions

The Common Schedule of Plinth Area Rates provides the following valuation rules:

• Rates are based on the building's plinth area, construction type, roof type and floor.
• An additional 20% applies within Chennai Corporation limits and the 32 km belt around those limits.
• An additional 15% applies within Coimbatore, Erode and Tiruppur Corporation limits.
• An additional 10% applies within the Corporation limits of Trichy, Madurai, Salem, Tirunelveli, Thoothukudi, Vellore, Thanjavur, Dindigul, Hosur, Nagercoil and Avadi.
• An additional 5% applies within all Municipal limits.
• An additional 10% applies to buildings in the Nilgiris, Kodaikanal and Yercaud Hills.

A load bearing structure is defined as a building where stone or brick masonry walls carry slab loads without reinforced cement concrete or steel columns. A framed structure uses reinforced cement concrete or steel columns and beams to carry slab loads.

For Class A load bearing buildings with brickwork in lime or cement mortar and teak wood throughout, the listed ground floor rate for an RCC slab roof is Rs. 10,465 per square metre. The schedule states a depreciation rate of 1% for the displayed Class A table.