Guideline Value for Sadhkkam Pudhu Street

Sadhkkam Pudhu Street guideline value

The current guideline value of Sadhkkam Pudhu Street is Rs 900 per sq.ft, effective from 1 July 2024. This street is located in Uthiramerur village, under the Uthiramerur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Sadhkkam Pudhu Street has changed

Over the years, the guideline value of Sadhkkam Pudhu Street has seen several revisions. The most recent revision in 2024 maintains the guideline value at Rs 900 per sq.ft, which was also the same in 2023. Prior to that, the 2017 revision recorded a value of Rs 603 per sq.ft, marking a significant increase of 49% from 2017 to 2023. In 2012, the value was again Rs 900 per sq.ft, which was a decrease of 33% from the 2017 figure. The 2007 revision set the value at Rs 100 per sq.ft, reflecting a substantial increase of 800% to the 2012 figure. Notably, there are no figures available for the years 2002 and 2003 in the register for this street.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 800%. The fluctuations in the values demonstrate the changes that have occurred over the years, with the most recent figures indicating stability at Rs 900 per sq.ft since 2023.

Guideline values in Uthiramerur

In Uthiramerur, there are 180 streets under the Uthiramerur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 1,800 per sq.ft, with a median value of Rs 800 per sq.ft. Sadhkkam Pudhu Street's 2024 guideline value of Rs 900 per sq.ft is above this median.

• Sakkaram Godhandarama Iyyangar Street: Rs 1,000 per sq.ft (2024)
• Risarve Kulam Street: Rs 1,000 per sq.ft (2024)
• Sandilya Nagar: Rs 402 per sq.ft (2024)
• Rayar Street: Rs 1,500 per sq.ft (2024)
• Sappani Goundar street: Rs 1,000 per sq.ft (2024)
• Ramji Ragar: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Sadhkkam Pudhu Street

For a 1,000 sq.ft plot at the current rate of Rs 900 per sq.ft, the guideline value amounts to Rs 9,00,000. The stamp duty at 7% would be Rs 63,000, and the registration fee at 2% would be Rs 18,000, totaling Rs 81,000. It is important to note that the 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 Sadhkkam Pudhu Street?

The Sadhkkam Pudhu Street is covered by the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a critical factor in the registration process for property transactions in Uthiramerur. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring transparency and fairness in property dealings.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees that are payable. This ensures that both buyers and sellers are aware of the financial implications of their transactions, based on the officially recognized value of the property.

Frequently asked questions

What is the current guideline value of Sadhkkam Pudhu Street?

The current guideline value of Sadhkkam Pudhu Street is Rs 900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 900 per sq.ft since 2023. Before that, it was Rs 603 per sq.ft in 2017 and Rs 900 per sq.ft in 2012, with significant changes occurring in the years prior.

What are the other guideline values in Uthiramerur?

In Uthiramerur, the guideline values for other streets range from Rs 200 to Rs 1,800 per sq.ft, with a median value of Rs 800 per sq.ft. Sadhkkam Pudhu Street's value is above this median.

What are the stamp duty and registration fees for properties?

Stamp duty is calculated at 7% of the guideline value, and registration fees are charged at 2%. For example, for a plot valued at Rs 9,00,000, the total fees would amount to Rs 81,000.

Where is the Sub Registrar Office for Sadhkkam Pudhu Street?

The Uthiramerur Sub Registrar Office covers Sadhkkam Pudhu Street and is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.