Guideline Value for SENTHURA POO STREET

Senthura Poo Street guideline value

The current guideline value of Senthura Poo Street is Rs 626 per sq.ft, effective from 1 July 2024. This street is located in Kakkalur village, under the Tiruvallur Joint 1 SRO, and is classified as Residential Class II Type - III.

How the guideline value of Senthura Poo Street has changed

In the 2007 revision, the guideline value was set at Rs 100 per sq.ft. This figure saw a significant increase by the 2012 revision, rising to Rs 625 per sq.ft, which marked a 525% increase. However, in the 2017 revision, the value decreased to Rs 419 per sq.ft, reflecting a 33% drop. The value then increased to Rs 626 per sq.ft in both the 2023 and 2024 revisions, showing a 49% increase from 2017 to 2023, but no change from 2023 to 2024.

The register has no figures for Senthura Poo Street in the 2002 and 2003 revisions. Overall, from 2007 to 2024, the guideline value has increased by 526%.

Guideline values in Kakkalur

In Kakkalur, there are 133 streets under the Tiruvallur Joint 1 SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 3,000 per sq.ft, with the median being Rs 626 per sq.ft. The guideline value for Senthura Poo Street aligns with this median.

• Sevanthi Poo Street: Rs 626 per sq.ft (2024)
• Semparuthi Street: Rs 626 per sq.ft (2024)
• Sha Shang Avenu: Rs 400 per sq.ft (2024)
• Shenbaga Poo Street: Rs 626 per sq.ft (2024)
• Shivananda Puram Lay Out: Rs 626 per sq.ft (2024)
• Shree Golden Avenue& Extn: Rs 626 per sq.ft (2024)

Stamp duty and registration fee for property in Senthura Poo Street

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 6,26,000. The stamp duty at 7% would be Rs 43,820, and the registration fee at 2% would be Rs 12,520, bringing the total to Rs 56,340. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Senthura Poo Street?

The Sub Registrar Office that covers Senthura Poo Street is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Kakkalur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Senthura Poo Street?

The current guideline value of Senthura Poo Street is Rs 626 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, starting from Rs 100 per sq.ft in 2007 to Rs 626 per sq.ft in 2024. The most notable change was an increase of 525% from 2007 to 2012, followed by a decrease in 2017.

What is the land classification for Senthura Poo Street?

Senthura Poo Street is classified as Residential Class II Type - III. This classification affects the guideline value and the types of properties that can be developed in the area.

Where can I find the Sub Registrar Office for Senthura Poo Street?

The Sub Registrar Office for Senthura Poo Street is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.

How is the stamp duty calculated for properties on Senthura Poo Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the current guideline value would incur a total duty and registration fee of Rs 56,340.