Guideline Value for Pudhu Nagar Anna Street

Pudhu Nagar Anna Street guideline value

The current guideline value of Pudhu Nagar Anna Street is Rs 3,300 per sq.ft, effective from 1 July 2024. This street is located in Perumbakkam village, under the Selaiyur SRO, and is classified as Residential Special Type - II.

How the guideline value of Pudhu Nagar Anna Street has changed

The guideline value for Pudhu Nagar Anna Street has undergone several revisions over the years. In 2012, the guideline value was Rs 3,000 per sq.ft, which decreased to Rs 2,010 per sq.ft in 2017. This was a decline of 33%. However, from 2017 to 2023, the value increased significantly by 49%, reaching Rs 3,000 per sq.ft. The most recent revision in 2024 saw the guideline value rise to Rs 3,300 per sq.ft, marking a 10% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Perumbakkam

In Perumbakkam, there are 225 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 850 to Rs 4,800 per sq.ft, with a median value of Rs 2,725 per sq.ft. Pudhu Nagar Anna Street's 2024 guideline value of Rs 3,300 per sq.ft is above this median.

• Pudhu Nagar Apposthalar Street: Rs 3,300 per sq.ft (2024)
• Pudhu Nagar Bharathidasan Street: Rs 3,300 per sq.ft (2024)
• Pudhu Nagar: Rs 3,300 per sq.ft (2024)
• Pudhu Nagar Erikarai Street: Rs 3,300 per sq.ft (2024)
• Pudhu Nagar Indira Gandhi 1st to 3rd Cross Street: Rs 3,300 per sq.ft (2024)
• Pudhu Nagar Indira Gandhi Street: Rs 3,300 per sq.ft (2024)

Stamp duty and registration fee for property in Pudhu Nagar Anna Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value would be Rs 33,00,000. The stamp duty charged at 7% would amount to Rs 2,31,000, while the registration fee at 2% would be Rs 66,000. Together, the total cost for these fees would be Rs 2,97,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Pudhu Nagar Anna Street?

The Sub Registrar Office that covers Pudhu Nagar Anna Street is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Perumbakkam

The guideline value is a crucial factor during property transactions in Perumbakkam. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate stamp duty and registration fees based on this value.

When buying or selling property, both parties must consider the guideline value as it affects the overall cost of the transaction. It is essential to refer to the latest guideline values to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of Pudhu Nagar Anna Street?

The current guideline value of Pudhu Nagar Anna Street is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,000 per sq.ft in 2012 to Rs 2,010 per sq.ft in 2017, then increased to Rs 3,000 per sq.ft in 2023, and finally to Rs 3,300 per sq.ft in 2024.

What is the land classification of Pudhu Nagar Anna Street?

Pudhu Nagar Anna Street is classified as Residential Special Type - II.

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

The Sub Registrar Office for Pudhu Nagar Anna Street is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.

How is the stamp duty calculated for property in Pudhu Nagar Anna Street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 33,00,000 would incur a stamp duty of Rs 2,31,000.