Guideline Value for THIRUVALLUVAR PURAM 3RD STREET

Thiruvalluvar Puram 3rd Street guideline value

The current guideline value of Thiruvalluvar Puram 3rd Street is Rs 7,100 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village under the Kodambakkam Sub Registrar Office (SRO) and is classified as Residential Special Type - II.

How the guideline value of Thiruvalluvar Puram 3rd Street has changed

The guideline value for Thiruvalluvar Puram 3rd Street has seen significant changes over the years. In 2002, the value was Rs 594 per sq.ft, which increased to Rs 653 per sq.ft in 2003, marking a 10% rise. The value then surged dramatically to Rs 1,500 per sq.ft in 2007, reflecting a 130% increase. Following this, the 2012 revision set the value at Rs 6,500 per sq.ft, a substantial 333% increase from the previous revision. The most recent revision in 2024 has further raised the value to Rs 7,100 per sq.ft, which is a 9% increase from 2012.

It is important to note that there are no figures available for the years 2017 and 2023 for this street in the register.

Guideline values in Puliyur

In Puliyur village, there are 648 streets under the Kodambakkam SRO, with guideline values ranging from Rs 3,300 to Rs 14,300 per sq.ft as of 2024. The median guideline value in this area is Rs 5,800 per sq.ft, placing Thiruvalluvar Puram 3rd Street's 2024 value above this median.

• Thiruvalluvar Puram 2nd Street: Rs 7,100 per sq.ft (2024)
• Thiruvalluvar Puram 1st Street: Rs 7,100 per sq.ft (2024)
• Thiruvalluvar Street: Rs 5,300 per sq.ft (2024)
• Thiruvengadapuram 1st Street: Rs 7,100 per sq.ft (2024)
• Thiruvengadapuram 2nd Street: Rs 7,100 per sq.ft (2024)
• Thiruvengadapuram Main Road: Rs 7,100 per sq.ft (2024)

Stamp duty and registration fee for property in Thiruvalluvar Puram 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 7,100 per sq.ft, the total guideline value would be Rs 71,00,000. The stamp duty at 7% would amount to Rs 4,97,000, while the registration fee at 2% would be Rs 1,42,000, leading to a total cost of Rs 6,39,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Thiruvalluvar Puram 3rd Street?

The Thiruvalluvar Puram 3rd Street is covered by the Kodambakkam Sub Registrar Office located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for additional information.

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

The guideline value is an essential factor in property transactions in Puliyur. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees. It serves as a benchmark for the valuation of the property being transacted.

At the time of registration, 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 Thiruvalluvar Puram 3rd Street?

The current guideline value of Thiruvalluvar Puram 3rd Street is Rs 7,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 594 per sq.ft in 2002 to Rs 7,100 per sq.ft in 2024, reflecting an overall increase of 1095% over this period.

Is there any revision data missing for Thiruvalluvar Puram 3rd Street?

Yes, the register has no figures for the years 2017 and 2023 for Thiruvalluvar Puram 3rd Street.

What is the median guideline value in Puliyur?

The median guideline value in Puliyur is Rs 5,800 per sq.ft, which is below the current value of Thiruvalluvar Puram 3rd Street.

Where can I find the registration office for Thiruvalluvar Puram 3rd Street?

The registration office for Thiruvalluvar Puram 3rd Street is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.