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Guideline Value for Ambedkar Salai (ward 4)

₹1100/sq.ft.

The guideline value for Ambedkar Salai (ward 4) in Erandankattalai village (Pammal SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Erandankattalai

Village

Pammal

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
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 Ambedkar Salai (ward 4)

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Ambedkar Salai (ward 4) guideline value

The current guideline value for Ambedkar Salai (ward 4) is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Erandankattalai village under the Pammal SRO, classified as Residential Class I Type - I.

How the guideline value of Ambedkar Salai (ward 4) has changed

The guideline value for Ambedkar Salai (ward 4) has seen several revisions over the years. The 2017 revision set the rate at Rs 670 per sq.ft, which increased to Rs 1,000 per sq.ft in the 2023 revision. The latest 2024 revision has further increased this value to Rs 1,100 per sq.ft, marking a change of 49% from 2017 to 2023 and a 10% increase from 2023 to 2024. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. This consistent rise reflects changes in the local property market, though specific figures for earlier years are not available.

Guideline values in Erandankattalai

In Erandankattalai, there are 60 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 770 to Rs 4,270 per sq.ft. The median value is Rs 1,100 per sq.ft, which is equal to the current guideline value of Ambedkar Salai (ward 4).

Stamp duty and registration fee for property in Ambedkar Salai (ward 4)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total to Rs 99,000. 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 on fees applicable to your property transaction.

Which Sub Registrar Office covers Ambedkar Salai (ward 4)?

The Sub Registrar Office covering Ambedkar Salai (ward 4) 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 Erandankattalai

The guideline value is a crucial factor in property transactions in Erandankattalai, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations when completing real estate transactions.

When registering a property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs associated with property transfers. It is important to be aware of these values to avoid any legal issues during the registration process.

Frequently asked questions

What is the current guideline value for Ambedkar Salai (ward 4)?

The current guideline value for Ambedkar Salai (ward 4) is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 670 per sq.ft in 2017 to Rs 1,100 per sq.ft in 2024, which is a total increase of 64% over this period. There were no figures available for the years 2002, 2003, 2007, and 2012.

What is the land classification for Ambedkar Salai (ward 4)?

Ambedkar Salai (ward 4) is classified as Residential Class I Type - I, indicating its suitability for residential development.

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 in Ambedkar Salai (ward 4)?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 at a rate of 7%.