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 issued by the Government of Tamil Nadu Public Works Department provides standard building valuation rates for two purposes:

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

Proceedings No. HDO (B) / 65325 / 2001 dated 7 August 2024 approves the rates for use from 16 August 2024 to 15 August 2025. The schedule concerns building value, with rates stated per square metre for the construction categories shown.

Who may be affected

The Common Schedule of Plinth Area Rates may be relevant to property buyers, owners and professionals when the Registration Department values a building for stamp duty collection. It is also relevant to government engineers calculating building rent through the Public Works Department.

The proceeding directs Chief Engineers, Superintending Engineers, Executive Engineers and Executive Engineers (Electrical) of the Public Works Department to adopt the rates for rental calculations. Copies were also communicated to the Inspector General of Registration and registration officials.

Construction categories covered

The schedule 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, garages, thatched or tiled roofs and miscellaneous items.
• External services, internal services and electrical items.
• Older forms of construction using mud mortar, random rubble masonry, lime concrete and country wood.

Examples from the supplied rate tables

For Class A load-bearing buildings made with brickwork in lime or cement mortar and teak wood throughout:

• A ground-floor building with a reinforced cement concrete slab roof is rated at Rs. 11,210 per square metre.
• A first-floor building with a Madras Terrace roof is rated at Rs. 9,610 per square metre.
• A ground-floor building with a plain Mangalore tile roof is rated at Rs. 7,670 per square metre.
• The Class A table states a depreciation rate of 1 per cent.

For Class A1 load-bearing buildings using country wood throughout, a ground-floor building with a reinforced cement concrete slab roof is rated at Rs. 10,080 per square metre. The applicable entry depends on the building’s construction, roof type and floor.