Guideline Value

Corporate

Guideline Value for Adam Nagar Main Road

₹2750/sq.ft.

The guideline value for Adam Nagar Main Road 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 Main Road guideline value

The current guideline value of Adam Nagar Main Road is Rs 2,750 per sq.ft, effective from 1 July 2024. This road is located in Pammal village, under the Pammal SRO, and is classified as Commercial Class I Type - II.

How the guideline value of Adam Nagar Main Road has changed

The guideline value for Adam Nagar Main Road has seen significant changes over the years. In 2002, the value was Rs 138 per sq.ft, which increased to Rs 156 per sq.ft in 2003, marking a change of +13%. The value further rose to Rs 570 per sq.ft in 2007, reflecting a substantial increase of +265%. By 2017, the guideline value reached Rs 1,675 per sq.ft, showing an increase of +194%. The 2023 revision set the value at Rs 2,500 per sq.ft, which was a +49% increase from 2017. The latest revision in 2024 has raised the value to Rs 2,750 per sq.ft, a change of +10% from the previous year.

The register has no figure for this street in 2012. Overall, from 2002 to 2024, the guideline value has increased by +1893%.

Guideline values in Pammal

Pammal village has a total of 926 streets under the Pammal SRO, with guideline values in 2024 ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value is Rs 2,090 per sq.ft, placing Adam Nagar Main Road's 2024 figure above that median.

Stamp duty and registration fee for property in Adam Nagar Main Road

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 amount to Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, making the total cost for these fees 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 accurate calculations.

Which Sub Registrar Office covers Adam Nagar Main Road?

The Sub Registrar Office that covers Adam Nagar Main Road is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Pammal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When registering a property, the guideline value is used to assess the applicable charges, ensuring that both the buyer and seller comply with the legal requirements of the transaction.

Frequently asked questions

What is the current guideline value of Adam Nagar Main Road?

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

How has the guideline value changed over the years?

The guideline value has increased significantly from Rs 138 per sq.ft in 2002 to Rs 2,750 per sq.ft in 2024, showing an overall increase of +1893% over this period.

What is the land classification for Adam Nagar Main Road?

Adam Nagar Main Road is classified as Commercial Class I Type - II, indicating its suitability for commercial activities.

Where can I find the Pammal Sub Registrar Office?

The Pammal Sub Registrar Office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone.

How is the stamp duty calculated for properties on Adam Nagar Main Road?

The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value incurs a stamp duty of Rs 1,92,500.