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 (2022)

What the schedule covers

The Government of Tamil Nadu Public Works Department issued Proceedings No. HDO (B) / 65325 / 2001, dated 11 August 2022, approving a common schedule for valuing buildings by plinth area. It applies to Public Works Department rental calculations and building valuation for stamp duty collection by the Registration Department.

The valuation covers construction only and excludes the cost of land. The approved rates are generally applicable across Tamil Nadu, subject to location-based additions.

Who may be affected

The Common Schedule of Plinth Area Rates may be relevant to:

• Property owners whose private buildings are rented or proposed to be rented for government offices.
• Buyers, sellers and professionals dealing with building valuation for stamp duty collection.
• Public Works Department field officers calculating new rent or renewed rent.
• Registration Department officials using building construction values for stamp duty purposes.

Building categories and rates

The schedule classifies buildings by construction type, materials, roof type and floor. Its index includes:

• Several classes of load bearing structures.
• RCC framed structures.
• Godowns, garages, thatched or tiled buildings.
• Older construction using mud mortar, RR masonry, lime concrete and country wood.
• Miscellaneous items, external and internal services, and electrical items.

For example, Class A covers load bearing buildings constructed with brickwork in lime mortar or cement mortar, with teak wood used throughout. Separate square metre rates are provided for RCC slabs, Madras Terrace, different tiled roofs, AC sheets and GI sheets. Different figures apply to the ground, first, second and other upper floors. A depreciation rate of 1% is stated for Class A.

Location-based additions

For rates listed under items I to XV, the schedule requires these additions:

• 20% within Chennai Corporation limits and the 32 km belt around those limits.
• 15% within Coimbatore, Erode and Tiruppur Corporation limits.
• 10% within the listed 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.

Period of operation

Proceedings No. HDO (B) / 65325 / 2001 approved the rates for one year, from 16 August 2022 through 15 August 2023. Public Works Department field officers were also directed to follow the cited Finance Department instructions when fixing or renewing rent for private buildings occupied by government offices.