Guideline Value for TRUSTPURAM 6TH CROSS STREET (TNSCB SITES)

Trustpuram 6th Cross Street (Tnscb Sites) guideline value

The current guideline value for Trustpuram 6th Cross Street (Tnscb Sites) is Rs 7,100 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village and falls under the Kodambakkam SRO, classified as Residential Special Type - II.

How the guideline value of Trustpuram 6th Cross Street (Tnscb Sites) has changed

The guideline value for Trustpuram 6th Cross Street has seen several revisions over the years. The earliest recorded figure is from 2007, where the value was Rs 1,500 per sq.ft. This increased significantly to Rs 6,500 per sq.ft in 2012, marking a rise of 333%. However, between 2012 and 2017, the value decreased to Rs 4,355 per sq.ft, a drop of 33%. The value then rose sharply to Rs 6,500 per sq.ft in 2023, followed by a further increase to Rs 7,100 per sq.ft in 2024, reflecting a 9% increase from the previous year.

From 2017 to 2023, the value increased by 49%. Overall, from 2007 to 2024, the guideline value has increased by 373%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Puliyur

In Puliyur, there are 648 streets under the Kodambakkam SRO, with guideline values ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median guideline value in this village is Rs 5,800 per sq.ft, placing Trustpuram 6th Cross Street's 2024 figure above this median.

• Trustpuram 6th Cross Street (Tnhb Sites): Rs 8,200 per sq.ft (2024)
• Trustpuram 7th Cross Street: Rs 7,100 per sq.ft (2024)
• Trustpuram 5th Cross Street: Rs 7,100 per sq.ft (2024)
• Trustpuram 8th Cross Street: Rs 7,100 per sq.ft (2024)
• Trustpuram 4th Cross Street: Rs 7,100 per sq.ft (2024)
• Trustpuram 9th Cross Street: Rs 7,100 per sq.ft (2024)

Stamp duty and registration fee for property in Trustpuram 6th Cross Street (Tnscb Sites)

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, totaling Rs 6,39,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Trustpuram 6th Cross Street (Tnscb Sites)?

The Sub Registrar Office that covers Trustpuram 6th 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 more information.

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

The guideline value is a crucial factor when registering property transactions in Puliyur. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value serves as a reference point for both buyers and sellers. It is essential to understand that the final sale price may exceed the guideline value, but the stamp duty will be calculated based on the higher of the two figures.

Frequently asked questions

What is the current guideline value for Trustpuram 6th Cross Street (Tnscb Sites)?

The current guideline value for Trustpuram 6th Cross Street (Tnscb Sites) 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 changed from Rs 1,500 per sq.ft in 2007 to Rs 7,100 per sq.ft in 2024, reflecting a total increase of 373% over the years.

What are the stamp duty and registration fees for property in Trustpuram 6th Cross Street?

The stamp duty is 7% and the registration fee is 2% of the guideline value. For a 1,000 sq.ft plot at the current rate, the total fees would amount to Rs 6,39,000.

Which Sub Registrar Office covers Trustpuram 6th Cross Street?

The Kodambakkam Sub Registrar Office covers Trustpuram 6th Cross Street, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.

What is the median guideline value in Puliyur?

The median guideline value in Puliyur is Rs 5,800 per sq.ft, and Trustpuram 6th Cross Street's 2024 figure of Rs 7,100 per sq.ft is above this median.