Guideline Value for Pokkisham Nagar Extension

Pokkisham Nagar Extension guideline value

The current guideline value for Pokkisham Nagar Extension is not published; the last notified rate was Rs 1,000 per sq.ft during the 2017 revision. This street is located in Pothur village under the Redhills SRO. The land classification is not specified.

How the guideline value of Pokkisham Nagar Extension has changed

In the 2002, 2003, 2007, 2012, 2023, and 2024 revisions, the register has no figure for Pokkisham Nagar Extension. The last recorded guideline value was Rs 1,000 per sq.ft in the 2017 revision, and there have been no changes in the guideline value between these revisions.

As of now, the guideline value remains at Rs 1,000 per sq.ft from the 2017 revision, with no updates provided in subsequent years. The absence of a current rate indicates that the value has not been reassessed since then.

Guideline values in Pothur

In Pothur, there are 98 streets under the Redhills SRO that carry a 2024 figure, with rates ranging from Rs 330 to Rs 2,000 per sq.ft, and the median is Rs 550 per sq.ft. Pokkisham Nagar Extension currently holds a guideline value of Rs 1,000 per sq.ft as per the last revision.

• Pokkisham Nagar Extension-II: Rs 1,100 per sq.ft (2024)
• Pokkisam Nagar Extention: Rs 1,000 per sq.ft (2024)
• Pokkisam Nagar: Rs 1,640 per sq.ft (2024)
• Pokkisam Boomi Nagar Phase - II: Rs 550 per sq.ft (2024)
• Pokkisam Boomi Nagar: Rs 550 per sq.ft (2024)
• Pothigai Avenue: Rs 550 per sq.ft (2024)

Stamp duty and registration fee for property in Pokkisham Nagar Extension

As there is no current rate for Pokkisham Nagar Extension, a worked example cannot be provided. Stamp 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 further assistance.

Which Sub Registrar Office covers Pokkisham Nagar Extension?

The Sub Registrar Office that covers Pokkisham Nagar Extension is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Pothur. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue from stamp duties.

When buying or selling property, the guideline value helps both buyers and sellers understand the expected value of the property. It is essential to be aware of the guideline value to avoid underreporting the sale price, which could lead to legal complications during registration.

Frequently asked questions

What is the current guideline value for Pokkisham Nagar Extension?

The current guideline value for Pokkisham Nagar Extension is not published. The last notified rate was Rs 1,000 per sq.ft during the 2017 revision.

How has the guideline value changed over the years?

The guideline value for Pokkisham Nagar Extension was last recorded at Rs 1,000 per sq.ft in the 2017 revision. There are no figures available for the revisions in 2024, 2023, 2012, 2007, 2003, and 2002.

What are the guideline values for other streets in Pothur?

In Pothur, other streets have varying guideline values, with rates ranging from Rs 330 to Rs 2,000 per sq.ft. The median value for these streets is Rs 550 per sq.ft.

Where is the Sub Registrar Office for Pokkisham Nagar Extension located?

The Sub Registrar Office for Pokkisham Nagar Extension is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is the guideline value used in property transactions?

The guideline value is used to determine the minimum registration value for properties in Pothur. It is essential for calculating stamp duty and ensures compliance with legal requirements during property transactions.