Guideline Value

Corporate

Guideline Value for Pullapuram 6th lane

₹3400/sq.ft.

The guideline value for Pullapuram 6th Lane 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 6th Lane

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Pullapuram 6th lane guideline value

The current guideline value of Pullapuram 6th lane is Rs 3,400 per sq.ft, effective from 1 July 2024. This street is located in Egmore village, under the Periamet Sub Registrar Office (SRO), and is classified as Residential Class III Type - II.

How the guideline value of Pullapuram 6th lane has changed

The guideline value for Pullapuram 6th lane has seen several revisions over the years. In 2002, the value was Rs 558 per sq.ft, which increased to Rs 616 per sq.ft in 2003, marking a 10% rise. The value then rose significantly to Rs 1,000 per sq.ft in 2007, reflecting a 62% increase. Following this, the value surged to Rs 3,100 per sq.ft in 2012, a notable increase of 210%. However, it decreased to Rs 2,077 per sq.ft in 2017, a decline of 33%. The most recent revisions show a rise to Rs 3,100 per sq.ft in 2023 and then to Rs 3,400 per sq.ft in 2024, which is a 10% increase.

Overall, from 2002 to 2024, the guideline value has increased by 509%. There are no records of revisions for this street in years other than those mentioned.

Guideline values in Egmore

In Egmore village, 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 6th lane is below this median.

Stamp duty and registration fee for property in Pullapuram 6th lane

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 to Rs 3,06,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Pullapuram 6th lane?

The Pullapuram 6th lane is covered by the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003. For more information, you can find your SRO.

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

The guideline value is a crucial factor when registering a property in Egmore, as it determines the minimum value at which a property can be sold or purchased. This value is used to calculate the stamp duty and registration fees that are mandatory during the transaction.

When a buyer or seller approaches the registration office, the guideline value will be referenced to ensure that the transaction adheres to legal requirements. It is essential for both parties to be aware of the guideline value to avoid discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Pullapuram 6th lane?

The current guideline value of Pullapuram 6th lane 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 are the stamp duty and registration fees for property in Pullapuram 6th lane?

For a 1,000 sq.ft plot, the total guideline value is Rs 34,00,000. The stamp duty would be Rs 2,38,000, and the registration fee would be Rs 68,000, totaling Rs 3,06,000.

Which Sub Registrar Office covers Pullapuram 6th lane?

The Periamet Sub Registrar Office covers Pullapuram 6th lane, located at 1103, Poonamallee High Road, Chennai-600 003.

What is the purpose of the guideline value?

The guideline value is used to determine the minimum price for property transactions and is essential for calculating stamp duty and registration fees at the time of property registration.