Guideline Value for Puliambedu Kulakarai 3rd Street

Puliambedu Kulakarai 3rd Street guideline value

The current guideline value of Puliambedu Kulakarai 3rd Street is Rs 2,090 per sq.ft, effective from 1 July 2024. This street is located in Noombal village under the Kunrathur SRO, classified as Residential Special Type - I.

How the guideline value of Puliambedu Kulakarai 3rd Street has changed

Since the 2017 revision, the guideline value has seen significant changes. The 2017 revision recorded a value of Rs 1,273 per sq.ft, which increased to Rs 1,900 per sq.ft in the 2023 revision, marking a 49% increase. The latest revision in 2024 shows a further increase to Rs 2,090 per sq.ft, which is a 10% rise from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 64%. It is important to note that for the years 2002, 2003, 2007, and 2012, the register has no figure for this street.

Guideline values in Noombal

Noombal village has a total of 164 streets under the Kunrathur SRO, with guideline values ranging from Rs 1,100 to Rs 6,500 per sq.ft. The median guideline value for these streets is Rs 2,090 per sq.ft, which is the same as the current value for Puliambedu Kulakarai 3rd Street.

• Puliambedu Kulakarai 2nd Street: Rs 2,090 per sq.ft (2024)
• Puliambedu Kulakarai 4th Street: Rs 2,090 per sq.ft (2024)
• Puliambedu Jatjas Colony Main Road: Rs 2,090 per sq.ft (2024)
• Puliambedu Kulakarai Ist Street: Rs 2,090 per sq.ft (2024)
• Puliambedu Chinna Street: Rs 2,090 per sq.ft (2024)
• Puliambedu Kulakarai Masuthi Street: Rs 4,290 per sq.ft (2024)

Stamp duty and registration fee for property in Puliambedu Kulakarai 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,090 per sq.ft, the total guideline value amounts to Rs 20,90,000. The stamp duty at 7% would be Rs 1,46,300, and the registration fee at 2% would be Rs 41,800, leading to a total cost of Rs 1,88,100. It is important to note that duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Puliambedu Kulakarai 3rd Street?

The Puliambedu Kulakarai 3rd Street falls under the Kunrathur Sub Registrar Office, located at No.59. Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value plays a crucial role during property registration in Noombal. It serves as a reference for determining the stamp duty and registration fees that need to be paid, ensuring that these costs are calculated based on a standardized value.

When buying or selling property, the guideline value helps in maintaining transparency in transactions. It ensures that both buyers and sellers are aware of the minimum value at which a property can be registered, thus facilitating a smoother transaction process.

Frequently asked questions

What is the current guideline value of Puliambedu Kulakarai 3rd Street?

The current guideline value of Puliambedu Kulakarai 3rd Street is Rs 2,090 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,273 per sq.ft in 2017 to Rs 2,090 per sq.ft in 2024, marking an overall increase of 64% over this period.

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

Other streets in Noombal with the same guideline value of Rs 2,090 per sq.ft include Puliambedu Kulakarai 2nd Street, Puliambedu Kulakarai 4th Street, Puliambedu Jatjas Colony Main Road, Puliambedu Kulakarai Ist Street, and Puliambedu Chinna Street.

What is the registration fee for properties in Puliambedu Kulakarai 3rd Street?

The registration fee for properties in Puliambedu Kulakarai 3rd Street is calculated based on the guideline value. For a property valued at Rs 20,90,000, the registration fee would be Rs 41,800.

Which office handles registrations for Puliambedu Kulakarai 3rd Street?

The Kunrathur Sub Registrar Office handles registrations for Puliambedu Kulakarai 3rd Street, located at No.59. Road Street, Kundrathur, Chennai -600 069.