Guideline Value for Then Pushkarani Street

Then Pushkarani Street guideline value

The current guideline value of Then Pushkarani Street is Rs 700 per sq.ft, effective from 1 July 2024. This street is located in Sriperumbudur A village, under the Sriperumpudur SRO, and is classified as Residential Class III Type - I.

How the guideline value of Then Pushkarani Street has changed

As per the register, Then Pushkarani Street has seen its guideline value remain stable at Rs 700 per sq.ft for both the 2023 and 2024 revisions. The last recorded change before this was in 2017, where the value was Rs 469 per sq.ft.

From 2017 to 2023, there was a significant increase of 49%, bringing the value from Rs 469 per sq.ft to Rs 700 per sq.ft. Overall, from 2017 to 2024, the guideline value has increased by 49% as well, maintaining the same rate in the most recent revisions. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Sriperumbudur A

In Sriperumbudur A, there are 238 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 400 to Rs 3,000 per sq.ft. The median value for these streets is Rs 700 per sq.ft, which is equal to the guideline value of Then Pushkarani Street.

• Theradi Street: Rs 1,200 per sq.ft (2024)
• Thanthondri Amman Koil Street: Rs 700 per sq.ft (2024)
• Telephone Lane: Rs 800 per sq.ft (2024)
• Teachers Green Meadow Ph.I: Rs 1,000 per sq.ft (2024)
• Thirumangai Alwar Kulakarai Street: Rs 1,200 per sq.ft (2024)
• Suvisesapuram: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Then Pushkarani Street

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value would be Rs 7,00,000. The stamp duty at 7% would amount to Rs 49,000, and the registration fee at 2% would be Rs 14,000, bringing the total fees to Rs 63,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Then Pushkarani Street?

The Sub Registrar Office that covers Then Pushkarani 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 Sriperumbudur A

The guideline value plays a crucial role during the registration of property transactions in Sriperumbudur A. It is used to determine the stamp duty and registration fees that must be paid at the time of property transfer.

When buying or selling property, the guideline value ensures that the transaction is recorded accurately and fairly. It serves as a benchmark for assessing the value of properties in the area, helping both buyers and sellers understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of Then Pushkarani Street?

The current guideline value of Then Pushkarani Street is Rs 700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Then Pushkarani Street has remained at Rs 700 per sq.ft from 2023 to 2024, with a significant increase of 49% from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in 2023.

What are the other streets in Sriperumbudur A with their guideline values?

Other streets in Sriperumbudur A include Theradi Street at Rs 1,200 per sq.ft, Thanthondri Amman Koil Street at Rs 700 per sq.ft, and Telephone Lane at Rs 800 per sq.ft, among others.

What is the stamp duty for property in Then Pushkarani Street?

The stamp duty for property in Then Pushkarani Street is calculated at 7% of the guideline value. For a 1,000 sq.ft plot, the stamp duty would amount to Rs 49,000 based on the current guideline value.

Where is the Sub Registrar Office for Then Pushkarani Street located?

The Sub Registrar Office for Then Pushkarani Street is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.