Guideline Value for Pooncheri Mettu Colon B.G.Road

Pooncheri Mettu Colon B.G.Road guideline value

The current guideline value of Pooncheri Mettu Colon B.G.Road is Rs 550 per sq.ft, effective from 1 July 2024. This road is located in Mamallapuram village, under the Thirukazhukundram SRO, and is classified as Residential Class V Type - I.

How the guideline value of Pooncheri Mettu Colon B.G.Road has changed

The guideline value for Pooncheri Mettu Colon B.G.Road has undergone several revisions. The earliest recorded figure is from 2012, which was Rs 500 per sq.ft. In 2017, this value decreased to Rs 335 per sq.ft, marking a decline of 33%. The value then increased significantly to Rs 500 per sq.ft in 2023, and further rose to Rs 550 per sq.ft in the 2024 revision, reflecting a 10% increase.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. The overall change from the 2012 figure to the 2024 figure shows a slight increase of 10%.

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 Mettu Colon B.G.Road is below this median.

• Pooncheri Masimaga Nagar: Rs 550 per sq.ft (2024)
• Pooncheri Padasalai Street: Rs 935 per sq.ft (2024)
• Pooncheri Lalbagathur Sasthiri Street: Rs 550 per sq.ft (2024)
• Pooncheri Village B.G.Road: Rs 550 per sq.ft (2024)
• Pooncheri Colony Barial Ground Road: Rs 550 per sq.ft (2024)
• Poonchreri Mettu Colony: Rs 550 per sq.ft (2024)

Stamp duty and registration fee for property in Pooncheri Mettu Colon B.G.Road

For a 1,000 sq.ft plot at the current rate of Rs 550 per sq.ft, the guideline value amounts to Rs 5,50,000. The stamp duty at 7% is Rs 38,500, and the registration fee at 2% is Rs 11,000, totaling Rs 49,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Pooncheri Mettu Colon B.G.Road?

The Sub Registrar Office that covers Pooncheri Mettu Colon B.G.Road 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 process when buying or selling property in Mamallapuram. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

Frequently asked questions

What is the current guideline value of Pooncheri Mettu Colon B.G.Road?

The current guideline value of Pooncheri Mettu Colon B.G.Road 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 increased to Rs 500 per sq.ft in 2023, and finally to Rs 550 per sq.ft in 2024.

What is the land classification for Pooncheri Mettu Colon B.G.Road?

Pooncheri Mettu Colon B.G.Road is classified as Residential Class V Type - I.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 5,50,000, the stamp duty is Rs 38,500 at 7%, and the registration fee is Rs 11,000 at 2%, totaling Rs 49,500.

Which office handles registrations for Pooncheri Mettu Colon B.G.Road?

The Thirukazhukundram Sub Registrar Office is responsible for handling registrations for Pooncheri Mettu Colon B.G.Road, located at Thiruchengode - 637 211, Chengalpattu registration zone.