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Guideline Value

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Guideline Value for Adhiyamaan Street(Muthamazhi Nagar)

₹2475/sq.ft.

The guideline value for Adhiyamaan Street(muthamazhi Nagar) in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 2475 per sq.ft, effective 1 July 2024. It was Rs 2250 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Pammal

Village

Pammal

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹2475 /sq.ft.
From 1-4-2023 ₹2250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1507 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 ₹530 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹274 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹242 /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]
Records for a plot on Adhiyamaan Street(muthamazhi Nagar)

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Adhiyamaan Street(Muthamazhi Nagar) guideline value

The current guideline value of Adhiyamaan Street (Muthamazhi Nagar) is Rs 2,475 per sq.ft, effective from 1 July 2024. This street is located in Pammal village, under the Pammal SRO, and is classified as Residential Class I Type - II.

How the guideline value of Adhiyamaan Street(Muthamazhi Nagar) has changed

The guideline value for Adhiyamaan Street (Muthamazhi Nagar) has seen significant changes over the years. In 2002, the guideline value was Rs 242 per sq.ft, which increased to Rs 274 per sq.ft in 2003, marking a 13% rise. The value then rose to Rs 530 per sq.ft in 2007, showing a substantial increase of 93%. By 2017, the guideline value reached Rs 1,507 per sq.ft, reflecting a remarkable growth of 184%. The 2023 revision set the value at Rs 2,250 per sq.ft, which was a 49% increase from the previous figure. Finally, the current 2024 revision has further increased the guideline value to Rs 2,475 per sq.ft, a 10% rise from 2023.

It is important to note that the register has no figure for this street in the 2012 revision. Overall, from 2002 to 2024, the guideline value has increased by 923%.

Guideline values in Pammal

Pammal village has a total of 926 streets under the Pammal SRO, with guideline values for 2024 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, positioning Adhiyamaan Street (Muthamazhi Nagar) above this median at Rs 2,475 per sq.ft.

Stamp duty and registration fee for property in Adhiyamaan Street(Muthamazhi Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,475 per sq.ft, the total guideline value amounts to Rs 24,75,000. The stamp duty at 7% would be Rs 1,73,250, and the registration fee at 2% would be Rs 49,500, bringing the total fees together to Rs 2,22,750. 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 information.

Which Sub Registrar Office covers Adhiyamaan Street(Muthamazhi Nagar)?

The Sub Registrar Office that covers Adhiyamaan Street (Muthamazhi Nagar) is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration process when buying or selling property in Pammal. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the transaction is recorded accurately in accordance with government regulations.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to determine the applicable duties. This helps maintain transparency and fairness in property transactions within the region.

Frequently asked questions

What is the current guideline value of Adhiyamaan Street (Muthamazhi Nagar)?

The current guideline value of Adhiyamaan Street (Muthamazhi Nagar) is Rs 2,475 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 242 per sq.ft in 2002 to Rs 2,475 per sq.ft in 2024, reflecting an overall increase of 923%.

What is the land classification for Adhiyamaan Street (Muthamazhi Nagar)?

Adhiyamaan Street (Muthamazhi Nagar) is classified as Residential Class I Type - II.

Where can I find the registration office for Adhiyamaan Street (Muthamazhi Nagar)?

The registration office for Adhiyamaan Street (Muthamazhi Nagar) is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How is the stamp duty calculated for property transactions in Pammal?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For instance, a property with a guideline value of Rs 24,75,000 would incur a stamp duty of Rs 1,73,250 at 7%.