Guideline Value for POYYAMOZHI PULAN STREET (PER)

Poyyamozhi Pulan Street (Per) guideline value

The current guideline value of Poyyamozhi Pulan Street (Per) is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Peramanoor village and falls under the Chengleput Joint II SRO, with a land classification of Residential Special Type - V.

How the guideline value of Poyyamozhi Pulan Street (Per) has changed

The guideline value for Poyyamozhi Pulan Street (Per) has undergone several revisions over the years. The 2012 revision set the value at Rs 1,200 per sq.ft, which then decreased to Rs 804 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 1,200 per sq.ft in 2023, and the latest revision in 2024 shows a further increase to Rs 1,320 per sq.ft. The register has no figures for the years 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%. However, the value rose by 49% from 2017 to 2023. The overall change from 2012 to 2024 reflects an increase of 10%.

Guideline values in Peramanoor

In Peramanoor, there are 430 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 550 to Rs 2,200 per sq.ft, with a median value of Rs 1,100 per sq.ft. The guideline value of Poyyamozhi Pulan Street (Per) is above this median.

• Poultry Farm Quarters (Ward -19): Rs 550 per sq.ft (2024)
• Post Office Street (Ward -15): Rs 550 per sq.ft (2024)
• Popayar Street (Ward -7): Rs 1,320 per sq.ft (2024)
• Poongundranar Street (Ward -7): Rs 1,320 per sq.ft (2024)
• Poombavaiyar Street (Ward -7): Rs 1,320 per sq.ft (2024)
• Ponniamman Koil Street Peramanur (Ward -15): Rs 661 per sq.ft (2024)

Stamp duty and registration fee for property in Poyyamozhi Pulan Street (Per)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value would be Rs 13,20,000. The stamp duty at 7% would amount to Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total charges to Rs 1,18,800. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Poyyamozhi Pulan Street (Per)?

The Sub Registrar Office that covers Poyyamozhi Pulan Street (Per) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor in the registration process when buying or selling property in Peramanoor. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is considered to ensure that the correct fees are applied based on the property's value. This helps maintain transparency in property transactions and ensures compliance with local regulations.

Frequently asked questions

What is the current guideline value of Poyyamozhi Pulan Street (Per)?

The current guideline value of Poyyamozhi Pulan Street (Per) is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then increased to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,320 per sq.ft in 2024.

What is the land classification for Poyyamozhi Pulan Street (Per)?

The land classification for Poyyamozhi Pulan Street (Per) is Residential Special Type - V.

Which office handles registrations for properties in this area?

The Chengleput Joint II Sub Registrar Office handles registrations for properties in Poyyamozhi Pulan Street (Per). It is located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

How is stamp duty calculated for properties in Peramanoor?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. This amount is then used to determine the total fees payable during the registration process.