Guideline Value for PUDUUR VILLAGE

Puduur Village guideline value

The current guideline value of Puduur Village is Rs 202 per sq.ft, effective from 1 July 2024. Puduur Village falls under the Pallipattu SRO and is classified as Residential Class III Type - I.

How the guideline value of Puduur Village has changed

The guideline value for Puduur Village has seen several revisions over the years. The earliest recorded revision in the register is from 2017, where the value was Rs 100 per sq.ft. This figure increased significantly to Rs 200 per sq.ft in the 2023 revision, marking a 100% rise. The most recent revision in 2024 has further increased the guideline value to Rs 202 per sq.ft, reflecting a 1% increase from the previous year.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 102%.

Guideline values in Podaturpet

In Podaturpet, there are 47 streets under the Pallipattu SRO that have a 2024 guideline value ranging from Rs 100 to Rs 300 per sq.ft, with a median value of Rs 250 per sq.ft. Puduur Village's guideline value of Rs 202 per sq.ft is below this median.

• Ponniyamman Koil Street: Rs 250 per sq.ft (2024)
• Pillai Paliyam Street: Rs 250 per sq.ft (2024)
• Ranga Nadhar Street: Rs 250 per sq.ft (2024)
• Ootha Vadai Street: Rs 250 per sq.ft (2024)
• Savatur (Or) Narayanareddykandugai: Rs 126 per sq.ft (2024)
• Nalla Thaneer Kuzham Street: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Puduur Village

For a 1,000 sq.ft plot at the current guideline value of Rs 202 per sq.ft, the total guideline value would be Rs 2,02,000. The stamp duty at 7% would amount to Rs 14,140, and the registration fee at 2% would be Rs 4,040, bringing the total fees to Rs 18,180. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can calculate your fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Puduur Village?

The Sub Registrar Office that covers Puduur Village is the Pallipattu Sub Registrar Office, located at Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Podaturpet. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value ensures that the transaction is recorded at a fair value, reflecting the current market conditions as determined by the authorities. This helps maintain transparency and accountability in property transactions.

Frequently asked questions

What is the current guideline value of Puduur Village?

The current guideline value of Puduur Village is Rs 202 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 100 per sq.ft to Rs 202 per sq.ft in 2024, marking an overall increase of 102% over this period.

What are the stamp duty and registration fees for a property in Puduur Village?

For a property valued at Rs 2,02,000, the stamp duty would be Rs 14,140 and the registration fee would be Rs 4,040, totaling Rs 18,180.

Which office handles property registration for Puduur Village?

The Pallipattu Sub Registrar Office handles property registration for Puduur Village, located at Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207.

What is the significance of the guideline value in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It ensures that properties are registered at a value that reflects current market conditions.