Guideline Value for Pulikoradu Street

Pulikoradu Street guideline value

The current guideline value of Pulikoradu Street in Kadaperi village is Rs 1,320 per sq.ft, effective from 1 July 2024. This street falls under the Tambaram Joint 1 SRO and is classified as Residential Class I Type - III.

How the guideline value of Pulikoradu Street has changed

The guideline value for Pulikoradu Street has seen several revisions over the years. In 2007, the value was Rs 400 per sq.ft, which increased significantly to Rs 1,200 per sq.ft in 2012, marking a 200% rise. However, it decreased to Rs 804 per sq.ft in 2017, a drop of 33%. The value then rose to Rs 1,200 per sq.ft in 2023, and currently stands at Rs 1,320 per sq.ft from the 2024 revision, reflecting a 10% increase from the previous year.

There are no figures available for the revisions in 2002 and 2003 for Pulikoradu Street. Overall, from 2007 to 2024, the guideline value has increased by 230%.

Guideline values in Kadaperi

In Kadaperi, there are 142 streets under the Tambaram Joint 1 SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 7,700 per sq.ft. The median guideline value in the village is Rs 1,650 per sq.ft, positioning Pulikoradu Street's 2024 figure below this median.

• Rail 1st Cross Street: Rs 1,320 per sq.ft (2024)
• Rail 2nd Cross Street: Rs 1,320 per sq.ft (2024)
• Rail 3rd Cross Street: Rs 1,320 per sq.ft (2024)
• Rail 4th Cross Street: Rs 1,320 per sq.ft (2024)
• Rail Nagar: Rs 1,320 per sq.ft (2024)
• Power Station Road: Rs 1,650 per sq.ft (2024)

Stamp duty and registration fee for property in Pulikoradu Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, resulting in a total cost of Rs 1,18,800. 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 Pulikoradu Street?

The Sub Registrar Office covering Pulikoradu Street is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a critical factor in the registration process when buying or selling property in Kadaperi. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

Frequently asked questions

What is the current guideline value of Pulikoradu Street?

The current guideline value of Pulikoradu Street is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2007 to Rs 1,320 per sq.ft in 2024, marking an overall increase of 230% over the years.

What are the other guideline values in Kadaperi?

In Kadaperi, the guideline values range from Rs 880 to Rs 7,700 per sq.ft, with a median value of Rs 1,650 per sq.ft. Pulikoradu Street's value is below this median.

What is the registration fee for property in Pulikoradu Street?

The registration fee for property in Pulikoradu Street is calculated based on the guideline value. For a property valued at Rs 13,20,000, the registration fee would be Rs 26,400 at 2%.

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

The Sub Registrar Office for Pulikoradu Street is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.