Guideline Value

Corporate

Guideline Value for Punitha Anthoniar 3rd Street

₹2420/sq.ft.

The guideline value for Punitha Anthoniar 3rd Street in Puzhal village (Redhills SRO, Chennai zone) is Rs 2420 per sq.ft, effective 1 July 2024. It was Rs 2200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puzhal

Village

Redhills

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹2420 /sq.ft.
From 1-4-2023 ₹2200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1474 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Punitha Anthoniar 3rd Street

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Punitha Anthoniar 3rd Street guideline value

The current guideline value of Punitha Anthoniar 3rd Street is Rs 2,420 per sq.ft, effective from 1 July 2024. This street is located in Puzhal village under the Redhills SRO, and the land classification is Residential Special Type - I.

How the guideline value of Punitha Anthoniar 3rd Street has changed

Over the years, the guideline value of Punitha Anthoniar 3rd Street has seen significant changes. In 2007, the guideline value was Rs 400 per sq.ft, which increased dramatically to Rs 2,200 per sq.ft in 2012, marking a rise of 450%. However, from 2012 to 2017, it decreased to Rs 1,474 per sq.ft, a drop of 33%. The value then rose to Rs 2,200 per sq.ft in 2023, reflecting a 49% increase. The most recent revision in 2024 set the guideline value at Rs 2,420 per sq.ft, which is a 10% increase from the previous year.

There are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 505%.

Guideline values in Puzhal

Puzhal village has a total of 270 streets under the Redhills SRO with a 2024 guideline value range from Rs 1,100 to Rs 6,000 per sq.ft. The median guideline value is Rs 1,102 per sq.ft, placing Punitha Anthoniar 3rd Street's 2024 figure above this median.

Stamp duty and registration fee for property in Punitha Anthoniar 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,420 per sq.ft, the total guideline value amounts to Rs 24,20,000. The stamp duty at 7% would be Rs 1,69,400, and the registration fee at 2% would be Rs 48,400, bringing the total fees together to Rs 2,17,800. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Punitha Anthoniar 3rd Street?

The Sub Registrar Office that covers Punitha Anthoniar 3rd Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value is a crucial reference for property transactions in Puzhal. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the fair value of the property. It is essential for buyers to be aware of the guideline value to avoid overpaying and for sellers to set realistic expectations regarding their property's worth.

Frequently asked questions

What is the current guideline value of Punitha Anthoniar 3rd Street?

The current guideline value of Punitha Anthoniar 3rd Street is Rs 2,420 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 400 per sq.ft in 2007 to Rs 2,420 per sq.ft in 2024, marking a significant rise of 505% overall.

What is the land classification for Punitha Anthoniar 3rd Street?

The land classification for Punitha Anthoniar 3rd Street is Residential Special Type - I.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Punitha Anthoniar 3rd Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 24,20,000, the stamp duty would be Rs 1,69,400.