Guideline Value for Pudumettu Street

Pudumettu Street guideline value

The current guideline value of Pudumettu Street is Rs 400 per sq.ft, effective from 1 July 2024. This street is located in Thirukalukundrem A village, under the Thirukazhukundram SRO. The land classification for this area is Residential Class IV Type - I.

How the guideline value of Pudumettu Street has changed

The guideline value for Pudumettu Street has remained the same at Rs 400 per sq.ft from the 2023 revision to the 2024 revision. In the 2017 revision, the guideline value was Rs 268 per sq.ft, indicating a 49% increase to the current value from 2017 to 2024.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for Pudumettu Street. The consistent guideline value from 2017 to 2024 reflects a significant change of 49% overall.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO that have a 2024 guideline value ranging from Rs 300 to Rs 1,344 per sq.ft, with a median value of Rs 600 per sq.ft. Pudumettu Street's 2024 figure is below this median.

• Pudutheru Mangalam: Rs 600 per sq.ft (2024)
• Puduvattaram: Rs 300 per sq.ft (2024)
• Pudu Vellazhar Street: Rs 600 per sq.ft (2024)
• Prathatchanapattai: Rs 600 per sq.ft (2024)
• Pillayar Koil St D.M.Pet: Rs 600 per sq.ft (2024)
• Pillayar Koil St: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Pudumettu Street

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value amounts to Rs 4,00,000. The stamp duty at 7% would be Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total fees to Rs 36,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Pudumettu Street?

The Sub Registrar Office that covers Pudumettu Street is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role during the registration process of property transactions. It is used to determine the stamp duty and registration fees that must be paid by the buyer when acquiring property in Thirukalukundrem A.

When buying or selling property, it is essential to consider the guideline value as it affects the overall cost of the transaction. Buyers should be aware of the current guideline value to ensure they are prepared for the associated fees during registration.

Frequently asked questions

What is the current guideline value of Pudumettu Street?

The current guideline value of Pudumettu Street is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained the same at Rs 400 per sq.ft from 2023 to 2024. It increased from Rs 268 per sq.ft in 2017, reflecting a 49% increase overall from 2017 to 2024.

What are the other streets in Thirukalukundrem A with their guideline values?

Other streets in Thirukalukundrem A have varying guideline values, with rates ranging from Rs 300 to Rs 600 per sq.ft. Some streets include Pudutheru Mangalam at Rs 600 per sq.ft and Puduvattaram at Rs 300 per sq.ft.

What fees are associated with buying property in Pudumettu Street?

When buying property in Pudumettu Street, buyers should consider the stamp duty at 7% and the registration fee at 2% based on the guideline value. For example, a 1,000 sq.ft plot would incur a total fee of Rs 36,000.

Where can I find the Sub Registrar Office for Pudumettu Street?

The Sub Registrar Office for Pudumettu Street is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find more details through the provided link.