Guideline Value for THERIDISTREET SANTHU

Theridistreet Santhu guideline value

The current guideline value of Theridistreet Santhu is Rs 300 per sq.ft, effective from 1 July 2024. This street is located in Pudupet village, under the Pallipattu SRO, and is classified as Residential Class I Type - II.

How the guideline value of Theridistreet Santhu has changed

The guideline value for Theridistreet Santhu has undergone several revisions over the years. The earliest recorded revision is from 2017, where the value was Rs 201 per sq.ft. This figure increased to Rs 300 per sq.ft in the 2023 revision and has remained the same in the 2024 revision, reflecting a 49% increase overall from 2017 to 2024.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The guideline value has not changed between the 2023 and 2024 revisions, indicating stability at the current rate of Rs 300 per sq.ft.

Guideline values in Pudupet

Pudupet village has a total of 42 streets under the Pallipattu SRO, with the 2024 guideline values ranging from Rs 102 to Rs 600 per sq.ft. The median guideline value for these streets is Rs 350 per sq.ft, placing Theridistreet Santhu's 2024 figure below this median.

• Thalapathi Sivaraj Street: Rs 102 per sq.ft (2024)
• Subramaniya Nagar: Rs 600 per sq.ft (2024)
• Sri Sakthi Nagar: Rs 350 per sq.ft (2024)
• Vaniyar Street: Rs 500 per sq.ft (2024)
• Sholighur Road: Rs 500 per sq.ft (2024)
• West Street: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Theridistreet Santhu

For a 1,000 sq.ft plot at the current rate of Rs 300 per sq.ft, the guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total to Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Theridistreet Santhu?

The Sub Registrar Office that covers Theridistreet Santhu is the Pallipattu Sub Registrar Office, located at Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207. You can find your SRO for more information.

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

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

When a property is registered, the guideline value is compared to the sale price, and the duty is charged on the higher of the two. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Theridistreet Santhu?

The current guideline value of Theridistreet Santhu is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023 and 2024, marking a 49% increase overall from 2017 to 2024.

What are the guideline values for other streets in Pudupet?

The guideline values for other streets in Pudupet range from Rs 102 to Rs 600 per sq.ft, with the median being Rs 350 per sq.ft, which is higher than Theridistreet Santhu's current value.

What is the stamp duty rate for properties in Theridistreet Santhu?

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

Where is the Sub Registrar Office for Theridistreet Santhu located?

The Pallipattu Sub Registrar Office is located at Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207.