Guideline Value for Samanthi Poo Street

Samanthi Poo Street guideline value

The current guideline value of Samanthi Poo Street in Ponthoor village is Rs 300 per sq.ft, effective from 1 July 2024. This street falls under the Sriperumpudur SRO and is classified as Residential Class III Type - I.

How the guideline value of Samanthi Poo Street has changed

The guideline value for Samanthi Poo Street has seen several revisions over the years. The 2012 revision set the value at Rs 300 per sq.ft, which remained unchanged until the 2023 revision, also at Rs 300 per sq.ft. The 2017 revision recorded a lower value of Rs 201 per sq.ft, reflecting a decrease of 33% from the 2012 figure. The overall change from 2012 to 2024 shows no increase, maintaining the Rs 300 per sq.ft value since 2023.

There are no recorded figures for the years 2002, 2003, and 2007 for Samanthi Poo Street. The 2024 revision indicates a 0% change from the previous year, 2023, which also had a value of Rs 300 per sq.ft. The most significant change occurred between 2017 and 2023, with a 49% increase from Rs 201 to Rs 300 per sq.ft.

Guideline values in Ponthoor

Ponthoor village has 79 streets under the Sriperumpudur SRO with a 2024 guideline value ranging from Rs 200 to Rs 2,239 per sq.ft. The median value is Rs 300 per sq.ft, which is equal to the current guideline value of Samanthi Poo Street.

• Sampangi Poo Street: Rs 300 per sq.ft (2024)
• Rosappoo Street: Rs 300 per sq.ft (2024)
• Rkp Residency: Rs 2,239 per sq.ft (2024)
• Semparuthi Poo Street: Rs 300 per sq.ft (2024)
• Ramesh Nagar Part II: Rs 709 per sq.ft (2024)
• Ramesh Nagar Part - I: Rs 310 per sq.ft (2024)

Stamp duty and registration fee for property in Samanthi Poo Street

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000. The stamp duty at 7% would amount to Rs 21,000, and the registration fee at 2% would be Rs 6,000, making the total cost Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Samanthi Poo Street?

The Sub Registrar Office that covers Samanthi Poo Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor during property registration in Ponthoor. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When you register a property, the guideline value is used to calculate the applicable fees, ensuring that the transaction is documented accurately according to the prevailing rates set by the Registration Department.

Frequently asked questions

What is the current guideline value of Samanthi Poo Street?

The current guideline value of Samanthi Poo Street is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 300 per sq.ft since 2012, with a notable increase from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023. There have been no changes between 2023 and 2024.

What is the stamp duty rate for properties on Samanthi Poo Street?

The stamp duty rate for properties in Samanthi Poo Street is 7% of the guideline value or sale price, whichever is higher.

Which Sub Registrar Office handles registrations for Samanthi Poo Street?

The Sriperumpudur Sub Registrar Office handles registrations for Samanthi Poo Street, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

Are there other streets with the same guideline value in Ponthoor?

Yes, there are several other streets in Ponthoor that share the same guideline value of Rs 300 per sq.ft, including Sampangi Poo Street, Rosappoo Street, and Semparuthi Poo Street.