Guideline Value

Corporate

Guideline Value for Pullapuram 11thlane

₹3400/sq.ft.

The guideline value for Pullapuram 11thlane in Egmore village (Periamet SRO, Chennai zone) is Rs 3400 per sq.ft, effective 1 July 2024. It was Rs 3100 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Egmore

Village

Periamet

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹3400 /sq.ft.
From 1-4-2023 ₹3100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2077 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3100 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹616 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹558 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

1103, Poonamallee High Road, Chennai-600 003.
044-25612486
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Pullapuram 11thlane

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Pullapuram 11thlane guideline value

The current guideline value of Pullapuram 11thlane is Rs 3,400 per sq.ft, effective from 1 July 2024. This street is located in Egmore village, under the Periamet SRO, and is classified as Residential Class III Type - II.

How the guideline value of Pullapuram 11thlane has changed

The guideline value for Pullapuram 11thlane has seen several revisions over the years. The earliest recorded figure is from 2002, where the guideline value was Rs 558 per sq.ft. This value increased to Rs 616 per sq.ft in 2003, marking a 10% rise. Following that, in 2007, the value jumped significantly to Rs 1,000 per sq.ft, reflecting a 62% increase. In 2012, the value was Rs 3,100 per sq.ft, showing a substantial increase of 210% from the previous revision. However, this value decreased by 33% to Rs 2,077 per sq.ft in 2017.

In 2023, the guideline value rose to Rs 3,100 per sq.ft, and the latest revision in 2024 has set it at Rs 3,400 per sq.ft, which is a 10% increase. Overall, from 2002 to 2024, the guideline value has increased by 509%.

Guideline values in Egmore

In Egmore, there are 465 streets under the Periamet SRO that carry a 2024 guideline value ranging from Rs 2,800 to Rs 22,000 per sq.ft, with a median value of Rs 7,100 per sq.ft. The guideline value of Pullapuram 11thlane is below this median.

Stamp duty and registration fee for property in Pullapuram 11thlane

For a 1,000 sq.ft plot at the current guideline value of Rs 3,400 per sq.ft, the total guideline value would be Rs 34,00,000. The stamp duty at 7% would amount to Rs 2,38,000, and the registration fee at 2% would be Rs 68,000, bringing the total fees to Rs 3,06,000. It is important to note that 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 Pullapuram 11thlane?

The Sub Registrar Office that covers Pullapuram 11thlane is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003. You can find your SRO for more information.

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

The guideline value is essential during the registration of property transactions in Egmore. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. This value is critical for both buyers and sellers to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Pullapuram 11thlane?

The current guideline value of Pullapuram 11thlane is Rs 3,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 558 per sq.ft in 2002 to Rs 3,400 per sq.ft in 2024, reflecting an overall increase of 509% over the years.

What is the registration office for Pullapuram 11thlane?

The registration office for Pullapuram 11thlane is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003.

How is the stamp duty calculated for properties in Pullapuram 11thlane?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applicable.

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

Other streets in Egmore, such as Pullapuram 10th lane, Pullapuram 12th lane, Pullapuram 13thlane, Pullapuram 14th lane, Pullapuram 15th lane, and Pullapuram 16th lane, all have a guideline value of Rs 3,400 per sq.ft in 2024.