Guideline Value

Corporate

Guideline Value for Adam Nagar 3rd Street

₹2750/sq.ft.

The guideline value for Adam Nagar 3rd Street in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Pammal

Village

Pammal

SRO

Commercial Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 ₹570 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹156 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹138 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075
044-22480069
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]

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Adam Nagar 3rd Street guideline value

The current guideline value of Adam Nagar 3rd Street is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Pammal village and falls under the Pammal SRO. The land classification for this area is Commercial Class I Type - II.

How the guideline value of Adam Nagar 3rd Street has changed

Over the years, the guideline value of Adam Nagar 3rd Street has seen significant changes. Starting from the 2002 revision, the guideline value was Rs 138 per sq.ft. This increased to Rs 156 per sq.ft in 2003, marking a 13% rise. The value then jumped to Rs 570 per sq.ft in 2007, a remarkable increase of 265%. Following this, in 2017, the guideline value reached Rs 1,675 per sq.ft, which was a 194% increase from the previous revision. The next revision in 2023 set the value at Rs 2,500 per sq.ft, representing a 49% rise from 2017.

The most recent revision in 2024 has set the guideline value at Rs 2,750 per sq.ft, which is a 10% increase from 2023. Overall, from 2002 to 2024, the guideline value has increased by 1,893%.

Guideline values in Pammal

In Pammal, there are 926 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value for these streets is Rs 2,090 per sq.ft, making the 2024 figure for Adam Nagar 3rd Street above the median.

Stamp duty and registration fee for property in Adam Nagar 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be Rs 27,50,000. The stamp duty at 7% would be Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, making the total charges Rs 2,47,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Adam Nagar 3rd Street?

The Sub Registrar Office that covers Adam Nagar 3rd Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in property transactions in Pammal. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property. The higher of the guideline value or the sale price will be considered for calculating these fees.

When registering a property, it is essential to be aware of the current guideline value as it directly impacts the financial obligations associated with the transaction. Buyers and sellers should ensure they are informed about the latest figures to avoid any surprises during the registration process.

Frequently asked questions

What is the current guideline value of Adam Nagar 3rd Street?

The current guideline value of Adam Nagar 3rd Street is Rs 2,750 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2002, the guideline value has increased from Rs 138 per sq.ft to Rs 2,750 per sq.ft in 2024, marking an overall increase of 1,893%.

What is the land classification for Adam Nagar 3rd Street?

The land classification for Adam Nagar 3rd Street is Commercial Class I Type - II.

How does the guideline value affect property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. It is essential to consider the guideline value when determining these costs.

Where can I find the Sub Registrar Office for Adam Nagar 3rd Street?

The Sub Registrar Office for Adam Nagar 3rd Street is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.