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Guideline Value

Corporate

Guideline Value for Pooncheri Lalbagathur Sasthiri Street

₹550/sq.ft.

The guideline value for Pooncheri Lalbagathur Sasthiri Street in Mamallapuram village (Thirukazhukundram SRO, Chengalpattu zone) is Rs 550 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class V Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Mamallapuram

Village

Thirukazhukundram

SRO

Residential Class V Type - I
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No. 8/45, Kammala Street, Thirukazhukundram - 603 109
044-27447200
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Pooncheri Lalbagathur Sasthiri Street

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Pooncheri Lalbagathur Sasthiri Street guideline value

The current guideline value of Pooncheri Lalbagathur Sasthiri Street is Rs 550 per sq.ft, effective from 1 July 2024. This street is located in Mamallapuram village, under the Thirukazhukundram SRO, and is classified as Residential Class V Type - I.

How the guideline value of Pooncheri Lalbagathur Sasthiri Street has changed

The guideline value for Pooncheri Lalbagathur Sasthiri Street has seen several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which was then reduced to Rs 335 per sq.ft in the 2017 revision. Following this, the value increased to Rs 500 per sq.ft in the 2023 revision, and finally to Rs 550 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

From the 2017 revision to the 2023 revision, there was a significant increase of 49%. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. The register does not provide figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Mamallapuram

In Mamallapuram, there are 133 streets under the Thirukazhukundram SRO that carry a 2024 guideline value ranging from Rs 550 to Rs 1,650 per sq.ft, with a median value of Rs 935 per sq.ft. The guideline value for Pooncheri Lalbagathur Sasthiri Street is below this median.

Stamp duty and registration fee for property in Pooncheri Lalbagathur Sasthiri Street

For a 1,000 sq.ft plot at the current guideline value of Rs 5,50,000, the stamp duty at 7% would be Rs 38,500 and the registration fee at 2% would be Rs 11,000, totaling Rs 49,500. It is important to note that the 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 more details.

Which Sub Registrar Office covers Pooncheri Lalbagathur Sasthiri Street?

The Sub Registrar Office that covers Pooncheri Lalbagathur Sasthiri Street 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 Mamallapuram

The guideline value is a crucial factor during the registration of property transactions in Mamallapuram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value ensures that the transaction is documented at a standard value, which helps in maintaining transparency in property dealings. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Pooncheri Lalbagathur Sasthiri Street?

The current guideline value of Pooncheri Lalbagathur Sasthiri Street is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then to Rs 500 per sq.ft in 2023, and finally to Rs 550 per sq.ft in 2024.

What is the median guideline value in Mamallapuram?

The median guideline value in Mamallapuram is Rs 935 per sq.ft for the year 2024.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 5,50,000, the stamp duty would be Rs 38,500 and the registration fee would be Rs 11,000, totaling Rs 49,500.

Which office handles registrations for Pooncheri Lalbagathur Sasthiri Street?

The Thirukazhukundram Sub Registrar Office handles registrations for Pooncheri Lalbagathur Sasthiri Street, located at Thiruchengode - 637 211, Chengalpattu registration zone.