Guideline Value for PULIYUR 1ST MAIN ROAD

₹7100/sq.ft.

The guideline value for Puliyur 1st Main Road in Puliyur village (Kodambakkam SRO, Chennai zone) is Rs 7100 per sq.ft, effective 1 July 2024. It was Rs 6500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puliyur

Village

Kodambakkam

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹7100 /sq.ft.
From 1-4-2023 ₹6500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4355 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹6500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1650 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1203 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1095 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.
044-24843265
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Puliyur 1st Main Road

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Puliyur 1st Main Road guideline value

The current guideline value of Puliyur 1st Main Road is Rs 7,100 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village under the Kodambakkam SRO, classified as Residential Special Type - II.

How the guideline value of Puliyur 1st Main Road has changed

The guideline value for Puliyur 1st Main Road has seen several revisions over the years. In 2002, the value was Rs 1,095 per sq.ft, which increased to Rs 1,203 per sq.ft in 2003. The value then rose significantly to Rs 1,650 per sq.ft in 2007, followed by a substantial jump to Rs 6,500 per sq.ft in 2012. However, it decreased to Rs 4,355 per sq.ft in 2017. The next revision in 2023 saw the value increase to Rs 6,500 per sq.ft, and finally, it reached Rs 7,100 per sq.ft in 2024.

Overall, the changes between the revisions are notable. From 2017 to 2023, there was a 49% increase, while the jump from 2012 to 2017 was a decrease of 33%. The most significant increase occurred from 2007 to 2012, with a rise of 294%. From 2002 to 2024, the overall increase is 548%.

Guideline values in Puliyur

In Puliyur, there are 648 streets under the Kodambakkam SRO, with guideline values ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median value is Rs 5,800 per sq.ft, making the guideline value of Puliyur 1st Main Road above this median.

Stamp duty and registration fee for property in Puliyur 1st Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 7,100 per sq.ft, the total guideline value would be Rs 71,00,000. The stamp duty at 7% would be Rs 4,97,000, and the registration fee at 2% would be Rs 1,42,000, making the total fees together Rs 6,39,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Puliyur 1st Main Road?

The Sub Registrar Office that covers Puliyur 1st Main Road is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more details.

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

The guideline value is a crucial factor during property transactions in Puliyur. It serves as a benchmark for determining the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate stamp duty and registration fees.

It is important to note that the guideline value may differ from the actual sale price. The authorities will charge duty based on the higher of the two values, ensuring that the transaction is registered at an appropriate value.

Frequently asked questions

What is the current guideline value of Puliyur 1st Main Road?

The current guideline value of Puliyur 1st Main Road is Rs 7,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,095 per sq.ft in 2002 to Rs 7,100 per sq.ft in 2024, showing an overall increase of 548% over the years.

What is the land classification for Puliyur 1st Main Road?

Puliyur 1st Main Road is classified as Residential Special Type - II, which indicates its designated use for residential purposes.

What are the stamp duty and registration fees for property in Puliyur 1st Main Road?

The stamp duty is 7% and the registration fee is 2% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the total fees would amount to Rs 6,39,000.

Where is the Sub Registrar Office for Puliyur 1st Main Road located?

The Kodambakkam Sub Registrar Office is located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. This office handles registrations for properties in Puliyur.