Guideline Value for Punitha Thomaiyar Street

Punitha Thomaiyar Street guideline value

The current guideline value of Punitha Thomaiyar Street is Rs 600 per sq.ft, effective from 1 July 2024. This street is located in Molachoor village, under the Sunguvarchattram SRO, and is classified as Residential Special Type - III.

How the guideline value of Punitha Thomaiyar Street has changed

The guideline value for Punitha Thomaiyar Street has undergone several revisions over the years. The 2012 revision set the value at Rs 600 per sq.ft, which remained unchanged in the 2017 revision. However, it saw a significant increase to Rs 600 per sq.ft in the 2023 revision, maintaining the same value in the 2024 revision, resulting in a 49% increase from the 2017 revision.

From 2012 to 2017, the value decreased by 33%, but overall from 2012 to 2024, there has been no change, with the value remaining at Rs 600 per sq.ft. There are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Molachoor

In Molachoor village, there are 112 streets under the Sunguvarchattram SRO that carry a 2024 guideline value, ranging from Rs 300 to Rs 2,000 per sq.ft. The median guideline value is Rs 600 per sq.ft, which is equal to the current value of Punitha Thomaiyar Street.

• Punitha Therasa Street: Rs 600 per sq.ft (2024)
• Punitha Susaiappar Street: Rs 600 per sq.ft (2024)
• Punitha Saveriyar Street: Rs 600 per sq.ft (2024)
• Punitha SagayaMatha Street: Rs 800 per sq.ft (2024)
• Punitha Royappar Street: Rs 600 per sq.ft (2024)
• Punitha Mikkal Street: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Punitha Thomaiyar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, totaling Rs 54,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Punitha Thomaiyar Street?

The Sub Registrar Office that covers Punitha Thomaiyar Street is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road, Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.

You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration of property transactions in Molachoor. It is used to determine the stamp duty and registration fees applicable when buying or selling property in the area.

Frequently asked questions

What is the current guideline value of Punitha Thomaiyar Street?

The current guideline value of Punitha Thomaiyar Street is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 600 per sq.ft from 2012 to 2024, with a significant increase of 49% from 2017 to 2023. There were no figures available for the revisions in 2002, 2003, and 2007.

What is the median guideline value in Molachoor?

The median guideline value in Molachoor is Rs 600 per sq.ft, which is the same as the current value for Punitha Thomaiyar Street.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 6,00,000, the total stamp duty would be Rs 42,000, and the registration fee would be Rs 12,000, totaling Rs 54,000. These fees are based on the guideline value or the sale price, whichever is higher.

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

The Sub Registrar Office for Punitha Thomaiyar Street is located at Vadivamal Nagar Kandigai Road, Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find more information about your SRO online.