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 2017-2018 (2018)

What the schedule governs

The Common Schedule of Plinth Area Rates for 2017-2018 provides rates per square metre for valuing buildings according to their plinth area and type of construction. It applies to two purposes:

• Calculating rent for buildings through the Public Works Department.
• Valuing buildings for the Registration Department's collection of stamp duty.

The valuation rates exclude the cost of land. The approved rates applied across Tamil Nadu, subject to location-based additions and other valuation instructions.

Who may be affected

The Public Works Department directed Chief Engineers, Superintending Engineers and Executive Engineers in its Building Organisation to use the rates when calculating building rent. The schedule may therefore affect owners of private buildings occupied by government offices.

The schedule may also affect parties to property registrations where the Registration Department uses the building valuation for collecting stamp duty. It is a building valuation schedule, not a schedule for determining land cost.

Location-based additions

The approved rates for listed construction categories I to XII require the following additions:

• 20% for buildings within Chennai Corporation limits and the belt extending 32 kilometres around those limits.
• 15% within Coimbatore, Erode and Tiruppur Corporation limits.
• 10% within the Corporation limits of Trichy, Madurai, Salem, Tirunelveli, Thoothukudi and Vellore.
• 5% within all municipal limits.
• 10% for buildings in the Nilgiris, Kodaikanal and Yercaud hills, where tourist attractions are more.

An additional 10% of the ground-floor cost must be included for foundation cost, regardless of the type of foundation used.

Construction categories and rates

The annexure classifies buildings by materials, roof type and floor. Class A covers brick buildings using lime mortar or cement mortar with teak wood throughout. Class A1 covers comparable brick buildings using country wood throughout.

For example, the statewide base rate for a Class A building with a reinforced cement concrete slab is Rs. 7,055 per square metre for the ground floor. The corresponding Class A1 ground-floor rate is Rs. 6,345 per square metre. Separate rates are provided for first floors, second floors, additional upper floors and several roof types, including Madras terrace, Mangalore tiles, pan tiles, AC sheets and GI sheets.