Guideline Value for PUDHU VANNARAPETTAI

Pudhu Vannarapettai guideline value

The current guideline value of Pudhu Vannarapettai is Rs 550 per sq.ft, effective from 1 July 2024. This street is located in Tiruttani village under the Thiruttani Sub Registrar Office (SRO). The land classification for this area is Residential Class V Type - I.

How the guideline value of Pudhu Vannarapettai has changed

The guideline value for Pudhu Vannarapettai has seen several revisions over the years. The earliest recorded revision is from 2017, where the guideline value was Rs 335 per sq.ft. This figure increased significantly to Rs 500 per sq.ft in 2023, marking a 49% rise. The most recent revision in 2024 set the guideline value at Rs 550 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that there are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%.

Guideline values in Tiruttani

In Tiruttani, there are 160 streets under the Thiruttani SRO that carry a 2024 guideline value, ranging from Rs 548 to Rs 1,540 per sq.ft. The median guideline value for these streets is Rs 825 per sq.ft, placing Pudhu Vannarapettai's 2024 figure below this median.

• Pudur: Rs 548 per sq.ft (2024)
• Pudur Medu: Rs 550 per sq.ft (2024)
• Poonga Nagar: Rs 550 per sq.ft (2024)
• Railway Quarters: Rs 1,099 per sq.ft (2024)
• P.M.S.Nagar: Rs 550 per sq.ft (2024)
• Rajaji Street ( T V Malai): Rs 825 per sq.ft (2024)

Stamp duty and registration fee for property in Pudhu Vannarapettai

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value amounts to Rs 5,50,000. The stamp duty at 7% would be Rs 38,500, while the registration fee at 2% would be Rs 11,000, making the total charges together Rs 49,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more accurate calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Pudhu Vannarapettai?

The Sub Registrar Office that covers Pudhu Vannarapettai is the Thiruttani Sub Registrar Office, located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role when buying or selling property in Tiruttani. It is used to determine the stamp duty and registration fees that must be paid during the registration process. This value ensures that the property is assessed fairly for taxation purposes.

When a buyer or seller approaches the Thiruttani SRO for registration, the guideline value is referenced to calculate the applicable fees. It is essential for both parties to be aware of the current guideline value to avoid any discrepancies during the transaction.

Frequently asked questions

What is the current guideline value of Pudhu Vannarapettai?

The current guideline value of Pudhu Vannarapettai is Rs 550 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 335 per sq.ft in 2017 to Rs 500 per sq.ft in 2023, and then to Rs 550 per sq.ft in 2024. This represents a total increase of 64% from 2017 to 2024.

What are the stamp duty and registration fees for property in Pudhu Vannarapettai?

For a property valued at Rs 5,50,000, the stamp duty would be Rs 38,500, and the registration fee would be Rs 11,000, totaling Rs 49,500. The duty is charged on the higher of the guideline value or the sale price.

Which Sub Registrar Office covers Pudhu Vannarapettai?

Pudhu Vannarapettai is covered by the Thiruttani Sub Registrar Office, located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone.

Where can I find more information about guideline values in Tiruttani?

For more information about guideline values in Tiruttani, you can refer to the Registration Department's guideline value register (TNReginet) or visit the Thiruttani SRO for specific details.