Guideline Value for PUDUR

Pudur guideline value

The current guideline value of Pudur, located in Tiruttani village under the Thiruttani SRO, is Rs 548 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class V Type - III.

How the guideline value of Pudur has changed

The guideline value for Pudur has seen significant changes over the years. In the 2017 revision, the value was Rs 201 per sq.ft. This increased to Rs 500 per sq.ft in the 2023 revision, marking a substantial rise of 149%. The latest revision in 2024 set the value at Rs 548 per sq.ft, reflecting a further increase of 10% from the previous year.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 173%.

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, with a median value of Rs 825 per sq.ft. The guideline value for Pudur is below this median.

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

Stamp duty and registration fee for property in Pudur

For a 1,000 sq.ft plot at the current guideline value of Rs 548 per sq.ft, the total guideline value amounts to Rs 5,48,000. The stamp duty at 7% would be Rs 38,360, and the registration fee at 2% would be Rs 10,960, totaling Rs 49,320. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Pudur?

Pudur falls under 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 additional details.

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

The guideline value is a crucial factor when buying or selling property in Tiruttani. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is registered, the guideline value is assessed to calculate the necessary fees. This ensures that the transaction is recorded accurately and that the appropriate taxes are levied based on the established guideline value.

Frequently asked questions

What is the current guideline value of Pudur?

The current guideline value of Pudur is Rs 548 per sq.ft, effective from 1 July 2024.

How has the guideline value of Pudur changed over the years?

The guideline value has increased from Rs 201 per sq.ft in 2017 to Rs 500 per sq.ft in 2023, and then to Rs 548 per sq.ft in 2024. This represents an overall increase of 173% from 2017 to 2024.

What are the guideline values of other streets in Tiruttani?

Other streets in Tiruttani have varying guideline values. For instance, Pudur Medu, Pudhu Vannarapettai, and Poonga Nagar each have a guideline value of Rs 550 per sq.ft in 2024. In contrast, Railway Quarters is valued at Rs 1,099 per sq.ft.

What are the stamp duty and registration fees in Pudur?

The stamp duty in Pudur is charged at 7%, while the registration fee is 2%. For a plot of 1,000 sq.ft at the current guideline value, the total stamp duty and registration fees would amount to Rs 49,320.

Where is the Thiruttani Sub Registrar Office located?

The Thiruttani Sub Registrar Office is located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone. This office handles all registrations for properties in Pudur.