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Guideline Value

Corporate

Guideline Value for Pooncheri Padasalai Street

₹935/sq.ft.

The guideline value for Pooncheri Padasalai Street in Mamallapuram village (Thirukazhukundram SRO, Chengalpattu zone) is Rs 935 per sq.ft, effective 1 July 2024. It was Rs 850 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Mamallapuram

Village

Thirukazhukundram

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹935 /sq.ft.
From 1-4-2023 ₹850 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /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 Padasalai Street

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Pooncheri Padasalai Street guideline value

The current guideline value of Pooncheri Padasalai Street is Rs 935 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 IV Type - I.

How the guideline value of Pooncheri Padasalai Street has changed

The guideline value for Pooncheri Padasalai Street has undergone several revisions over the years. The 2012 revision set the value at Rs 600 per sq.ft, which was then decreased to Rs 402 per sq.ft in the 2017 revision. Following this, the value saw a significant increase to Rs 850 per sq.ft in 2023, and finally, it rose to Rs 935 per sq.ft in the 2024 revision, marking a change of +10% from the previous year. The register has no figures for the years 2002, 2003, and 2007.

From the 2012 revision to the 2017 revision, the value decreased by 33%. However, from 2017 to 2023, there was a substantial increase of 111%. Overall, comparing the 2012 revision to the 2024 revision, the guideline value has increased by 56%.

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. The median value is Rs 935 per sq.ft, which is equal to the 2024 figure for Pooncheri Padasalai Street.

Stamp duty and registration fee for property in Pooncheri Padasalai Street

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 9,35,000. The stamp duty at 7% would amount to Rs 65,450, and the registration fee at 2% would be Rs 18,700, making a total of Rs 84,150. Please 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 Padasalai Street?

The Pooncheri Padasalai Street falls under the jurisdiction of 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 plays a crucial role during the registration of property transactions in Mamallapuram. It serves as a benchmark for determining the minimum price at which properties can be registered, ensuring transparency in the property market.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. Buyers must ensure that the sale price is higher than the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Pooncheri Padasalai Street?

The current guideline value of Pooncheri Padasalai Street is Rs 935 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 935 per sq.ft in 2024, showing an overall increase of 56% over the years.

What are the other streets in Mamallapuram with their guideline values?

Other streets in Mamallapuram include Pooncheri Mettu Colon B.G.Road, Pooncheri Village B.G.Road, and others, all currently valued at Rs 550 per sq.ft in 2024.

Where is the Thirukazhukundram Sub Registrar Office located?

The Thirukazhukundram Sub Registrar Office is located at Thiruchengode - 637 211, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Pooncheri Padasalai Street?

The stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 9,35,000, the stamp duty would be Rs 65,450 at 7%.