Guideline Value

Corporate

Guideline Value for Pudhu Nagar 6th Street

₹770/sq.ft.

The guideline value for Pudhu Nagar 6th Street in Pullilyon village (Redhills SRO, Chennai zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pullilyon

Village

Redhills

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹770 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹700 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /sq.ft.
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)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Pudhu Nagar 6th Street

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Pudhu Nagar 6th Street guideline value

The current guideline value of Pudhu Nagar 6th Street is Rs 770 per sq.ft, effective from 1 July 2024. This street is located in Pullilyon village and falls under the Redhills SRO, classified as Residential Class I Type - I.

How the guideline value of Pudhu Nagar 6th Street has changed

Over the years, the guideline value of Pudhu Nagar 6th Street has seen several revisions. The 2007 revision set the value at Rs 400 per sq.ft. This increased to Rs 700 per sq.ft in 2012, marking a significant rise of 75%. However, the value decreased by 33% to Rs 469 per sq.ft in 2017. The subsequent 2023 revision brought it back up to Rs 700 per sq.ft, followed by a 10% increase in the 2024 revision, resulting in the current guideline value of Rs 770 per sq.ft.

The register has no figure for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 93%.

Guideline values in Pullilyon

In Pullilyon, there are 77 streets under the Redhills SRO, with guideline values ranging from Rs 440 to Rs 2,200 per sq.ft. The median guideline value in this village is Rs 700 per sq.ft, indicating that Pudhu Nagar 6th Street's 2024 value of Rs 770 per sq.ft is above this median.

Stamp duty and registration fee for property in Pudhu Nagar 6th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value would be Rs 7,70,000. The stamp duty at 7% would amount to Rs 53,900, and the registration fee at 2% would be Rs 15,400, making the total cost for these fees Rs 69,300. 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 detailed calculations.

Which Sub Registrar Office covers Pudhu Nagar 6th Street?

The Sub Registrar Office that covers Pudhu Nagar 6th Street 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 Pullilyon

The guideline value is a crucial factor during the registration of property transactions in Pullilyon. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these charges are based on a standardized value set by the government.

When buying or selling property, it is essential to be aware of the guideline value, as it directly impacts the overall cost of the transaction. Buyers and sellers should consult the latest guideline values to understand the financial implications of their property dealings.

Frequently asked questions

What is the current guideline value of Pudhu Nagar 6th Street?

The current guideline value of Pudhu Nagar 6th Street is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, with the most recent revision in 2024 increasing it from Rs 700 per sq.ft in 2023. The value has increased from Rs 400 per sq.ft in 2007 to Rs 770 per sq.ft in 2024, marking an overall increase of 93%.

What is the registration office for Pudhu Nagar 6th Street?

The Redhills Sub Registrar Office covers Pudhu Nagar 6th Street, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

What are the stamp duty and registration fees for property in Pudhu Nagar 6th Street?

For a 1,000 sq.ft plot, the total guideline value is Rs 7,70,000. The stamp duty at 7% would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, totaling Rs 69,300 for these fees.

How does the guideline value affect property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It ensures that these charges are based on a standardized value set by the government, impacting the overall cost of buying or selling property.