Guideline Value for PUDHIYA THERADI ST

Pudhiya Theradi St guideline value

The current guideline value of Pudhiya Theradi St is Rs 1,200 per sq.ft. This street is located in Ponneri_2 village under the Ponneri SRO, and the land classification is Residential Special Type - I.

How the guideline value of Pudhiya Theradi St has changed

According to the guideline value register, the figures for Pudhiya Theradi St have been revised several times. The most recent revision in 2024 set the guideline value at Rs 1,200 per sq.ft, which is the same as the 2023 revision. The previous revision in 2017 recorded a guideline value of Rs 804 per sq.ft. There are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2017 to 2024, the increase remains at 49%, with no change from 2023 to 2024.

Guideline values in Ponneri_2

Ponneri_2 village has 75 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 700 to Rs 1,300 per sq.ft, with a median of Rs 700 per sq.ft. Pudhiya Theradi St's 2024 figure of Rs 1,200 per sq.ft is above this median.

• Puliyan Thoppu: Rs 700 per sq.ft (2024)
• Poonthotham: Rs 700 per sq.ft (2024)
• Railway Station Road: Rs 1,200 per sq.ft (2024)
• Police Line Back Side: Rs 700 per sq.ft (2024)
• Rajam Nagar: Rs 1,300 per sq.ft (2024)
• Perumal Nagar: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Pudhiya Theradi St

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value would be Rs 12,00,000. The stamp duty at 7% would amount to Rs 84,000, and the registration fee at 2% would be Rs 24,000, making the total cost for these fees Rs 1,08,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Pudhiya Theradi St?

Pudhiya Theradi St falls under the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. To find your SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Ponneri_2

The guideline value plays a crucial role during the registration of property transactions in Ponneri_2. It is used to determine the stamp duty and registration fees that need to be paid at the time of property registration.

When buying or selling property, the guideline value is typically considered to ensure that the transaction is recorded accurately. It is essential for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Pudhiya Theradi St?

The current guideline value of Pudhiya Theradi St is Rs 1,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 804 per sq.ft in 2017 to Rs 1,200 per sq.ft in 2024, reflecting a 49% increase overall during this period.

What is the land classification for Pudhiya Theradi St?

Pudhiya Theradi St is classified as Residential Special Type - I, indicating its suitability for residential development.

Where can I find the Ponneri Sub Registrar Office?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. This office handles the registration of properties in the area.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is charged at 2% of the guideline value. These fees are essential for the legal registration of property transactions.