Guideline Value for Pavodum Santhu

Pavodum Santhu guideline value

The current guideline value of Pavodum Santhu is Rs 800 per sq.ft, effective from 1 July 2024. This street is located in Thirukalukundrem A village, under the Thirukazhukundram SRO, classified as Residential Class I Type - II.

How the guideline value of Pavodum Santhu has changed

In the 2017 revision, the guideline value was set at Rs 536 per sq.ft. This figure remained unchanged in the 2023 revision, where it was still Rs 800 per sq.ft. The 2024 revision also maintains the guideline value at Rs 800 per sq.ft, indicating no change from the previous year. The register has no figure for this street for the revisions in 2002, 2003, 2007, and 2012.

From 2017 to 2023, there was a significant increase of 49%. Overall, from 2017 to 2024, the guideline value has increased by 49% as well, reflecting the same value across the last two revisions.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO, with guideline values ranging from Rs 300 to Rs 1,344 per sq.ft. The median guideline value for these streets is Rs 600 per sq.ft, placing the 2024 figure for Pavodum Santhu above this median.

• Paventhar Bharathidasan Street: Rs 600 per sq.ft (2024)
• Pattai Street: Rs 800 per sq.ft (2024)
• Periya Street Mangalam: Rs 600 per sq.ft (2024)
• Periy Street: Rs 600 per sq.ft (2024)
• Pidari koil street: Rs 600 per sq.ft (2024)
• Pillayar Koil St: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Pavodum Santhu

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value would be Rs 8,00,000. The stamp duty, charged at 7%, would amount to Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total fees to Rs 72,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Pavodum Santhu?

The Sub Registrar Office covering Pavodum Santhu is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Thirukalukundrem A. It is used to determine the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a buyer or seller registers a property, the guideline value is assessed to ensure that the correct fees are applied, which can affect the overall cost of the transaction. Buyers should be aware of the guideline value to understand the financial implications when engaging in property dealings.

Frequently asked questions

What is the current guideline value of Pavodum Santhu?

The current guideline value of Pavodum Santhu is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased by 49%, remaining at Rs 800 per sq.ft for the 2023 and 2024 revisions. There are no figures available for the revisions in 2002, 2003, 2007, and 2012.

What is the median guideline value in Thirukalukundrem A?

The median guideline value for streets in Thirukalukundrem A is Rs 600 per sq.ft, with Pavodum Santhu's 2024 figure being above this median.

What are the stamp duty and registration fees for property in Pavodum Santhu?

For a 1,000 sq.ft plot at the guideline value of Rs 800 per sq.ft, the total guideline value would be Rs 8,00,000. The stamp duty would be Rs 56,000, and the registration fee would be Rs 16,000, totaling Rs 72,000.

Which office handles registrations for Pavodum Santhu?

The Thirukazhukundram Sub Registrar Office handles registrations for Pavodum Santhu, located at Thiruchengode - 637 211, Chengalpattu registration zone.