Guideline Value for Poonchreri Mettu Colony
₹550/sq.ft.
The guideline value for Poonchreri Mettu Colony 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
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Poonchreri Mettu Colony
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Thirukazhukundram sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Poonchreri Mettu Colony guideline value
The current guideline value of Poonchreri Mettu Colony is Rs 550 per sq.ft, effective from 1 July 2024. This area is located in Mamallapuram village under the Thirukazhukundram SRO, classified as Residential Class V Type - I.
How the guideline value of Poonchreri Mettu Colony has changed
The guideline value for Poonchreri Mettu Colony has undergone several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which then decreased to Rs 335 per sq.ft in 2017. Following this, the value increased to Rs 500 per sq.ft in 2023, and the latest revision in 2024 raised it to Rs 550 per sq.ft. There are no figures available for the revisions in 2002, 2003, and 2007 for this street.
In terms of percentage changes, the value increased by 49% from 2017 to 2023, and by 10% from 2023 to 2024. Overall, from 2012 to 2024, the guideline value has increased by 10% despite the drop in 2017. This reflects the fluctuations in the property valuation over the years.
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 Poonchreri Mettu Colony is below this median.
- Pooncheri Village B.G.Road: Rs 550 per sq.ft (2024)
- Poonchreri Mettu Colony 1st & 2nd Joint Street: Rs 550 per sq.ft (2024)
- Pooncheri Padasalai Street: Rs 935 per sq.ft (2024)
- Poonchreri Mettu Colony 1st Street: Rs 550 per sq.ft (2024)
- Pooncheri Mettu Colon B.G.Road: Rs 550 per sq.ft (2024)
- Poonchreri Mettu Colony 2nd Street: Rs 550 per sq.ft (2024)
Stamp duty and registration fee for property in Poonchreri Mettu Colony
For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value amounts to 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 or the sale price. You can also use our stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Poonchreri Mettu Colony?
The Sub Registrar Office that covers Poonchreri Mettu Colony 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 an essential factor when buying or selling property in Mamallapuram. It serves as a benchmark for determining the minimum value at which property transactions can be registered, ensuring transparency in the real estate market.
When you proceed with a property transaction, the guideline value will be used to calculate the applicable stamp duty and registration fees. This helps in standardizing the costs associated with property registration across different areas.
Frequently asked questions
What is the current guideline value of Poonchreri Mettu Colony?
The current guideline value of Poonchreri Mettu Colony 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 median guideline value in Mamallapuram?
The median guideline value in Mamallapuram is Rs 935 per sq.ft, while Poonchreri Mettu Colony's value is below this median.
What are the stamp duty and registration fees for a property in Poonchreri Mettu Colony?
For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 38,500, and the registration fee would be Rs 11,000, totaling Rs 49,500.
Where can I find the Sub Registrar Office for Poonchreri Mettu Colony?
The Thirukazhukundram Sub Registrar Office covers Poonchreri Mettu Colony, located at Thiruchengode - 637 211, Chengalpattu registration zone.
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