Guideline Value

Corporate

Guideline Value for Pudhu Nagar 8th Street

₹770/sq.ft.

The guideline value for Pudhu Nagar 8th 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 8th Street

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Pudhu Nagar 8th Street guideline value

The current guideline value of Pudhu Nagar 8th Street is Rs 770 per sq.ft, effective from 1 July 2024. This street is located in Pullilyon village, under the jurisdiction of the Redhills SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Pudhu Nagar 8th Street has changed

The guideline value for Pudhu Nagar 8th Street has undergone several revisions over the years. The earliest recorded figure is from 2007, where the guideline value was Rs 400 per sq.ft. This increased to Rs 700 per sq.ft in 2012, marking a significant rise of 75%. However, in 2017, the value decreased to Rs 469 per sq.ft, reflecting a drop of 33%. The value then increased to Rs 700 per sq.ft in 2023, followed by a further increase to Rs 770 per sq.ft in 2024, which is a rise of 10% from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 93%. There are no figures available for the revisions in 2002 and 2003 for this street.

Guideline values in Pullilyon

In Pullilyon, there are 77 streets under the Redhills SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 2,200 per sq.ft. The median guideline value for the village is Rs 700 per sq.ft, and Pudhu Nagar 8th Street's 2024 figure of Rs 770 per sq.ft is above this median.

Stamp duty and registration fee for property in Pudhu Nagar 8th 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, while the registration fee at 2% would be Rs 15,400, totaling 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 details.

Which Sub Registrar Office covers Pudhu Nagar 8th Street?

The Sub Registrar Office that covers Pudhu Nagar 8th 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 critical factor during the registration of property transactions in Pullilyon. It serves as a reference point for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a property is registered, the guideline value is used to calculate the applicable duties and fees. Buyers should be aware that the duty is charged based on the higher of the guideline value or the sale price, ensuring that the registration process is aligned with the current market standards.

Frequently asked questions

What is the current guideline value of Pudhu Nagar 8th Street?

The current guideline value of Pudhu Nagar 8th 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 seen various changes, starting from Rs 400 per sq.ft in 2007 to Rs 770 per sq.ft in 2024, marking an overall increase of 93%.

What are the other streets in Pullilyon with the same guideline value?

Other streets in Pullilyon that share the same guideline value of Rs 770 per sq.ft in 2024 include Pudhu Nagar 7th Street, Pudhu Nagar 9th Street, Pudhu Nagar 6th Street, Pudhu Nagar 5th Street, Pudhu Nagar 4th Street, and Pudhu Nagar 3rd Street.

Where can I find the Sub Registrar Office for Pudhu Nagar 8th Street?

The Sub Registrar Office for Pudhu Nagar 8th Street is located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is the stamp duty calculated for properties in Pudhu Nagar 8th Street?

Stamp duty for properties in Pudhu Nagar 8th Street is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is also applicable.