Guideline Value for PULIANTHOPE HIGH ROAD(FROM B&C MILL TO PULIANTHOPE T.B HOSPITAL)

Pulianthope High Road(From B&c Mill To Pulianthope T.B Hospital) guideline value

The current guideline value of Pulianthope High Road(From B&c Mill To Pulianthope T.B Hospital) is Rs 4,900 per sq.ft, effective from 1 July 2024. This street is located in Perambur village, under the Purasaivakkam SRO, and is classified as Residential Class I Type - II.

How the guideline value of Pulianthope High Road(From B&c Mill To Pulianthope T.B Hospital) has changed

The guideline value for Pulianthope High Road has seen several revisions over the years. Starting with Rs 669 per sq.ft in 2002, it increased to Rs 734 per sq.ft in 2003, marking a 10% rise. The value then rose significantly to Rs 1,000 per sq.ft in 2007, which was a 36% increase. In 2012, the value reached Rs 4,500 per sq.ft, reflecting a substantial 350% increase from the previous revision. However, it dropped to Rs 3,015 per sq.ft in 2017, a decrease of 33%. The most recent revision in 2024 established the current guideline value at Rs 4,900 per sq.ft, representing a 63% increase from 2017.

It is important to note that there are no figures available for the 2023 revision for this street. Overall, from 2002 to 2024, the guideline value has increased by 632%.

Guideline values in Perambur

In Perambur village, there are 1,114 streets under the Purasaivakkam SRO that carry a 2024 guideline value, ranging from Rs 1,600 to Rs 7,100 per sq.ft. The median guideline value for these streets is Rs 2,700 per sq.ft, placing Pulianthope High Road above this median.

• Pudhu Nagar All Street (New Nagar): Rs 4,300 per sq.ft (2024)
• Puzhal Murugesan Street: Rs 5,400 per sq.ft (2024)
• Puzhal Sivagnanam Street: Rs 5,400 per sq.ft (2024)
• Praksh Colony: Rs 3,200 per sq.ft (2024)
• Ragavan Street: Rs 3,800 per sq.ft (2024)
• Powden Street: Rs 3,800 per sq.ft (2024)

Stamp duty and registration fee for property in Pulianthope High Road(From B&c Mill To Pulianthope T.B Hospital)

For a 1,000 sq.ft plot at the current guideline value of Rs 4,900 per sq.ft, the total guideline value amounts to Rs 49,00,000. The stamp duty at 7% would be Rs 3,43,000, and the registration fee at 2% would be Rs 98,000, resulting in a total of Rs 4,41,000. It is important to note that 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 details.

Which Sub Registrar Office covers Pulianthope High Road(From B&c Mill To Pulianthope T.B Hospital)?

The Sub Registrar Office that covers Pulianthope High Road is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for further assistance.

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

The guideline value is a critical factor in property transactions in Perambur, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees that are payable at the time of registration.

It is essential for both buyers and sellers to be aware of the current guideline value, as it influences the overall cost of the transaction. It ensures that the property is registered at a value that reflects the prevailing market conditions as determined by the government.

Frequently asked questions

What is the current guideline value of Pulianthope High Road?

The current guideline value of Pulianthope High Road(From B&c Mill To Pulianthope T.B Hospital) is Rs 4,900 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2002, the guideline value has increased from Rs 669 per sq.ft to Rs 4,900 per sq.ft in 2024, which is an overall increase of 632%.

What is the land classification for Pulianthope High Road?

Pulianthope High Road is classified as Residential Class I Type - II, indicating its suitability for residential development.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is charged at 7% of the guideline value, while the registration fee is 2%. For a property valued at Rs 49,00,000, the total fees would amount to Rs 4,41,000.

Where can I find the Sub Registrar Office for Pulianthope High Road?

The Sub Registrar Office for Pulianthope High Road is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.