Guideline Value for PANEER POO STREET

Paneer Poo Street guideline value

The current guideline value of Paneer Poo Street is Rs 626 per sq.ft, effective from 1 July 2024. This street is located in Kakkalur village and falls under the Tiruvallur Joint 1 SRO. The land classification for this area is Residential Class II Type - III.

How the guideline value of Paneer Poo Street has changed

Looking at the historical revisions, the guideline value for Paneer Poo Street was Rs 100 per sq.ft in 2007. It saw a significant increase to Rs 625 per sq.ft in 2012, marking a rise of 525%. However, from 2012 to 2017, the value decreased to Rs 419 per sq.ft, which is a decline of 33%. The value then increased again to Rs 626 per sq.ft in 2023, and it has remained the same in the 2024 revision, showing no change from the previous year.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 526%.

Guideline values in Kakkalur

Kakkalur village has a total of 133 streets under the Tiruvallur Joint 1 SRO carrying a guideline value for 2024, ranging from Rs 400 to Rs 3,000 per sq.ft. The median guideline value is Rs 626 per sq.ft, which matches the current value for Paneer Poo Street.

• Pavala Malli Street: Rs 626 per sq.ft (2024)
• Paarijatha Poo Street: Rs 626 per sq.ft (2024)
• Pichai Mani Mohan Nagar: Rs 626 per sq.ft (2024)
• New Maruthi Nagar: Rs 626 per sq.ft (2024)
• Pilliyar Koil Street: Rs 626 per sq.ft (2024)
• Poonga Nagar & Extn: Rs 626 per sq.ft (2024)

Stamp duty and registration fee for property in Paneer Poo Street

For a 1,000 sq.ft plot at the current guideline value of Rs 626 per sq.ft, the total guideline value amounts to Rs 6,26,000. The stamp duty at 7% would be Rs 43,820, and the registration fee at 2% would be Rs 12,520, making the total cost for these fees Rs 56,340. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Paneer Poo Street?

The Paneer Poo Street is covered by the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property transactions in Kakkalur. It is used to determine the stamp duty and registration fees applicable to the property, ensuring that these costs are calculated based on a standardized value set by the government.

When buying or selling property, it is essential to be aware of the guideline value, as it can impact the overall costs involved in the transaction. Buyers should ensure they are informed about the current guideline values to avoid any surprises during the registration process.

Frequently asked questions

What is the current guideline value of Paneer Poo Street?

The current guideline value of Paneer Poo Street is Rs 626 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, starting from Rs 100 per sq.ft in 2007 to Rs 626 per sq.ft in 2024, marking an overall increase of 526% since then.

What is the registration office for Paneer Poo Street?

The registration office for Paneer Poo Street is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.

What are the stamp duty and registration fees for property in Paneer Poo Street?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty is Rs 43,820 and the registration fee is Rs 12,520, totaling Rs 56,340.

What is the land classification for Paneer Poo Street?

Paneer Poo Street is classified as Residential Class II Type - III, which is important for understanding its usage and development potential.