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 2023-2024 [With Effect from 16.08.2023]

What the schedule governs

The Common Schedule of Plinth Area Rates values buildings by plinth area and type of construction. It is used by the Government of Tamil Nadu Public Works Department for rental calculations and by the Registration Department for collection of stamp duty. The valuation excludes the cost of land.

The schedule covers load-bearing buildings, reinforced cement concrete framed buildings, godowns, older forms of masonry 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 of private buildings occupied by government offices, because Public Works Department engineers use the rates when working out rent. It may also affect parties to property registration where the Registration Department needs to value a building for stamp duty collection.

Chief Engineers, Superintending Engineers and Executive Engineers of the Public Works Department were directed to adopt the rates for building rental calculations. Field officers were also directed to follow G.O.Ms.No.51, Finance (Salaries) Department, dated 1 March 2017, when fixing new rent or renewing rent for private buildings occupied by government offices.

Location adjustments

For building categories listed from I to XV, the schedule requires the following additions:

• 20% within Chennai Corporation limits and the belt extending 32 km around those limits.
• 15% within Coimbatore, Erode and Tiruppur Corporation limits.
• 10% within the Corporation limits of Trichy, Madurai, Salem, Tirunelveli, Thoothukudi, Vellore, Thanjavur, Dindigul, Hosur, Nagercoil and Avadi.
• 5% within all Municipal limits.
• 10% for buildings in Nilgiris, Kodaikanal and Yercaud Hills.

How construction is classified

The Common Schedule of Plinth Area Rates defines a load-bearing structure as a building where stone or brick masonry walls carry slab loads without reinforced cement concrete or steel columns. A framed structure has reinforced cement concrete or steel columns and beams carrying the slab loads.

Rates vary by construction class, roof type and floor. For example, Class A load-bearing buildings use brickwork in lime or cement mortar with teak wood throughout, with separate square metre rates for reinforced cement concrete slabs, Madras Terrace, tile roofs, asbestos cement sheets and galvanised iron sheets.