Guideline Value for Patturosa Poo Street

Patturosa Poo Street guideline value

The current guideline value of Patturosa Poo Street is Rs 300 per sq.ft, effective from the 2024 revision. This street is located in Araneri village under the Sriperumpudur SRO and is classified as Residential Special Type - I.

How the guideline value of Patturosa Poo Street has changed

The guideline value for Patturosa Poo Street has seen several revisions over the years. The 2012 revision set the value at Rs 300 per sq.ft, which remained unchanged in the 2017 revision. However, from 2017 to 2023, the value increased by 49% to Rs 300 per sq.ft, and this figure was maintained in the 2024 revision, showing no change from the previous year.

For the years 2002, 2003, and 2007, the register has no figure for this street. Overall, comparing the 2012 revision to the 2024 revision, the guideline value has remained the same, with a total increase of 0% over this period.

Guideline values in Araneri

In Araneri village, there are 9 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 471 per sq.ft. The median value among these streets is Rs 300 per sq.ft, which is equal to the guideline value of Patturosa Poo Street.

• Poovarasam Poo street: Rs 300 per sq.ft (2024)
• Om Sakthi Nagar: Rs 300 per sq.ft (2024)
• Kanagambaram Poo Street: Rs 300 per sq.ft (2024)
• Ishwarya Forms & Resorts: Rs 150 per sq.ft (2024)
• Thazhampoo Street: Rs 300 per sq.ft (2024)
• Vadamalli Poo Street: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Patturosa Poo Street

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000. The stamp duty at 7% would amount to Rs 21,000, and the registration fee at 2% would be Rs 6,000, making the total fees Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can also use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Patturosa Poo Street?

The Sub Registrar Office that covers Patturosa Poo Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor when buying or selling property in Araneri. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction process. Buyers and sellers must be aware of this value to ensure compliance with legal requirements.

When a property is registered, the guideline value is used to calculate the applicable fees. This means that both buyers and sellers should understand the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Patturosa Poo Street?

The current guideline value of Patturosa Poo Street is Rs 300 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has remained at Rs 300 per sq.ft from 2012 to 2024, with a notable increase of 49% from 2017 to 2023.

What is the land classification for Patturosa Poo Street?

Patturosa Poo Street is classified as Residential Special Type - I under the current guideline value register.

Where can I find the Sub Registrar Office for Patturosa Poo Street?

The Sub Registrar Office for Patturosa Poo Street is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

How is stamp duty calculated for properties in Patturosa Poo Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000 at a rate of 7%.