Guideline Value for PULIYAN THOPPU

Puliyan Thoppu guideline value

The current guideline value of Puliyan Thoppu is Rs 700 per sq.ft, effective from 1 July 2024. This street is located in Ponneri_2 village under the Ponneri SRO, classified as Residential Class II Type - I.

How the guideline value of Puliyan Thoppu has changed

According to the register, there are no figures for Puliyan Thoppu in the years 2002, 2003, 2007, 2012, and 2017. The guideline value was Rs 500 per sq.ft in the 2023 revision. The recent 2024 revision has increased this value to Rs 700 per sq.ft, reflecting a change of +40% from the previous year.

The 2024 guideline value of Rs 700 per sq.ft is equal to the median value of Rs 700 per sq.ft for the 75 streets in Ponneri_2 under the Ponneri SRO, which range from Rs 700 to Rs 1,300 per sq.ft.

Guideline values in Ponneri_2

In Ponneri_2, the guideline values for various streets in 2024 range from Rs 700 to Rs 1,300 per sq.ft. Puliyan Thoppu's 2024 figure aligns with the median value of Rs 700 per sq.ft.

• Pudhiya Theradi St: Rs 1,200 per sq.ft (2024)
• Poonthotham: Rs 700 per sq.ft (2024)
• Railway Station Road: Rs 1,200 per sq.ft (2024)
• Rajam Nagar: Rs 1,300 per sq.ft (2024)
• Police Line Back Side: Rs 700 per sq.ft (2024)
• Raji Appartment: Rs 702 per sq.ft (2024)

Stamp duty and registration fee for property in Puliyan Thoppu

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value would be Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, making the total charges Rs 63,000. Note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Puliyan Thoppu?

The Sub Registrar Office covering Puliyan Thoppu is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. For more details, you can find your SRO.

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

The guideline value is a crucial factor in property transactions in Ponneri_2, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices to ensure compliance with registration regulations.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, which are essential costs that must be factored into the overall transaction. This ensures that both parties are aware of the financial obligations involved in the registration process.

Frequently asked questions

What is the current guideline value of Puliyan Thoppu?

The current guideline value of Puliyan Thoppu is Rs 700 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed from 2023 to 2024?

The guideline value increased from Rs 500 per sq.ft in 2023 to Rs 700 per sq.ft in 2024, representing a change of +40%.

What is the land classification of Puliyan Thoppu?

Puliyan Thoppu is classified as Residential Class II Type - I.

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.

How is the stamp duty calculated for properties in Puliyan Thoppu?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 7,00,000, the stamp duty would be Rs 49,000 at a rate of 7%.