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 2024-2025

What the schedule governs

The Common Schedule of Plinth Area Rates sets rates per square metre for valuing buildings. The Government of Tamil Nadu Public Works Department uses the valuation for calculating building rent, while the Registration Department uses it when collecting stamp duty.

The approved rates operate for one year, from 16 August 2024 to 15 August 2025. Public Works Department Chief Engineers, Superintending Engineers, Executive Engineers and Executive Engineers (Electrical) were asked to adopt them for rental calculations. The schedule was also communicated to the Inspector General of Registration and registration offices.

Buildings and work covered

The Common Schedule of Plinth Area Rates classifies buildings by structure, materials, roofing and floor. Its index covers:

• Class A, A1, B, B1, C, D and D1 load-bearing structures.
• Class E, E1, E2 and E3 reinforced cement concrete framed structures.
• Godowns, garage buildings, and buildings with thatched or tiled roofs.
• Miscellaneous items, external and internal services, and electrical items.
• Buildings using brickwork or random rubble masonry in mud mortar, ordinary flooring, and reinforced cement concrete or Madras Terrace roofing with country wood.

Rates shown in the supplied schedule

Class A covers load-bearing buildings constructed with brickwork in lime mortar or cement mortar and using teak wood throughout. Examples include:

• Reinforced cement concrete slab roof, Rs. 11,210 per square metre for the ground floor, Rs. 10,390 for the first floor and Rs. 10,580 for the second floor.
• Madras Terrace roof, Rs. 10,250 per square metre for the ground floor.
• Plain Mangalore tile roof, Rs. 7,670 per square metre for the ground floor.
• Asbestos cement sheet roof, Rs. 6,330 per square metre for the ground floor.
• Galvanised iron sheet roof, Rs. 6,500 per square metre for the ground floor.

The Class A table states a depreciation rate of 1 percent. Class A1 covers similar load-bearing buildings using country wood throughout. Its reinforced cement concrete slab roof rate is Rs. 10,080 per square metre for the ground floor, Rs. 9,115 for the first floor and Rs. 9,300 for the second floor.

Who may be affected

The Common Schedule of Plinth Area Rates may affect owners, buyers and professionals where a building must be valued for Registration Department stamp duty collection. It also affects Public Works Department officers calculating rent for buildings.