Guideline Value for Avaram Poo Street

Avaram Poo Street guideline value

The current guideline value of Avaram Poo Street is Rs 300 per sq.ft, effective from 1 July 2024. This street is located in Ponthoor village under the Sriperumpudur SRO, classified as Residential Class III Type - I.

How the guideline value of Avaram Poo Street has changed

Over the years, the guideline value of Avaram Poo Street has seen various revisions. The 2012 revision set the value at Rs 300 per sq.ft, which remained unchanged in the subsequent 2017 revision. However, the 2017 revision marked a significant increase from the previous figure of Rs 201 per sq.ft in 2017, reflecting a 49% rise. The 2023 revision also maintained the value at Rs 300 per sq.ft, and the 2024 revision continues this trend with no change, keeping the guideline value at Rs 300 per sq.ft.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for Avaram Poo Street. Overall, from 2012 to 2024, the guideline value has remained stable, showing no percentage change.

Guideline values in Ponthoor

Ponthoor village has a total of 79 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 2,239 per sq.ft. The median guideline value for these streets is Rs 300 per sq.ft, which is equal to the current guideline value of Avaram Poo Street.

• Arket Poo Street: Rs 300 per sq.ft (2024)
• Bangalore National Highway: Rs 600 per sq.ft (2024)
• Anna nagar: Rs 402 per sq.ft (2024)
• Anichampoo Street: Rs 300 per sq.ft (2024)
• Ambal Poo Street: Rs 300 per sq.ft (2024)
• Chandra Avenue: Rs 1,206 per sq.ft (2024)

Stamp duty and registration fee for property in Avaram Poo Street

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, making the total fees Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Avaram Poo Street?

The Sub Registrar Office that covers Avaram Poo Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ponthoor

The guideline value is a crucial factor in the registration process when buying or selling property in Ponthoor. It serves as the minimum value for transactions and is used to calculate the stamp duty and registration fees applicable to the property.

Frequently asked questions

What is the current guideline value of Avaram Poo Street?

The current guideline value of Avaram Poo Street is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 300 per sq.ft from 2012 to 2024, with a significant increase of 49% from Rs 201 per sq.ft in 2017. The 2023 revision also maintained the value at Rs 300 per sq.ft.

What is the land classification of Avaram Poo Street?

Avaram Poo Street is classified as Residential Class III Type - I.

Which office handles the registration for Avaram Poo Street?

The Sriperumpudur Sub Registrar Office handles the registration for Avaram Poo Street, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 300 per sq.ft incurs a total of Rs 27,000 in fees.