Guideline Value for TRUSTPURAM 10TH CROSS STREET

Trustpuram 10th Cross Street guideline value

The current guideline value of Trustpuram 10th Cross Street is Rs 7,100 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village, under the Kodambakkam SRO, and is classified as Residential Special Type - II.

How the guideline value of Trustpuram 10th Cross Street has changed

The guideline value for Trustpuram 10th Cross Street has undergone several revisions since 2007. In the 2007 revision, the guideline value was Rs 1,400 per sq.ft. This figure saw a significant increase to Rs 6,500 per sq.ft in the 2012 revision, marking a change of +364%. The most recent revision in 2024 set the value at Rs 7,100 per sq.ft, representing a +9% increase from the 2012 figure.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by +407%. It is important to note that the register has no figures for the years 2002, 2003, 2017, and 2023 for this street.

Guideline values in Puliyur

In Puliyur village, there are 648 streets under the Kodambakkam SRO that carry a 2024 guideline value ranging from Rs 3,300 to Rs 14,300 per sq.ft, with a median value of Rs 5,800 per sq.ft. Trustpuram 10th Cross Street's 2024 figure is above this median.

• Trustpuram 1st Cross Street: Rs 7,100 per sq.ft (2024)
• Trustpuram 2nd Cross Street: Rs 7,100 per sq.ft (2024)
• Trustpuram 3rd Cross Street: Rs 7,100 per sq.ft (2024)
• Trustpuram 4th Cross Street: Rs 7,100 per sq.ft (2024)
• Trustpuram 5th Cross Street: Rs 7,100 per sq.ft (2024)
• Trustpuram 6th Cross Street (Tnhb Sites): Rs 8,200 per sq.ft (2024)

Stamp duty and registration fee for property in Trustpuram 10th Cross Street

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

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

Which Sub Registrar Office covers Trustpuram 10th Cross Street?

The Sub Registrar Office covering Trustpuram 10th Cross Street is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for further assistance.

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

The guideline value is a crucial factor during the registration of property transactions in Puliyur. It serves as the minimum value on which stamp duty and registration fees are calculated, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, it is essential to be aware of the guideline value, as it impacts the overall cost of the transaction. Buyers should ensure that they are informed about the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Trustpuram 10th Cross Street?

The current guideline value of Trustpuram 10th Cross Street is Rs 7,100 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2007, the guideline value has increased from Rs 1,400 per sq.ft to Rs 7,100 per sq.ft in 2024, showing an overall increase of +407%.

What is the land classification for Trustpuram 10th Cross Street?

Trustpuram 10th Cross Street is classified as Residential Special Type - II.

What are the stamp duty and registration fees for property transactions?

For a property valued at the current guideline value of Rs 71,00,000, the stamp duty would be Rs 4,97,000 and the registration fee would be Rs 1,42,000, totaling Rs 6,39,000.

Where can I find the Kodambakkam Sub Registrar Office?

The Kodambakkam Sub Registrar Office is located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.