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Guideline Value

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Guideline Value for Annai Velangkanai Street (Hindustan Lever Colony)

₹2530/sq.ft.

The guideline value for Annai Velangkanai Street (hindustan Lever Colony) in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 2530 per sq.ft, effective 1 July 2024. It was Rs 2300 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

Pammal

Village

Pammal

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2530 /sq.ft.
From 1-4-2023 ₹2300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1541 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 ₹260 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹185 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹163 /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 Annai Velangkanai Street (hindustan Lever Colony)

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Annai Velangkanai Street (Hindustan Lever Colony) guideline value

The current guideline value of Annai Velangkanai Street (Hindustan Lever Colony) is Rs 2,530 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 - I.

How the guideline value of Annai Velangkanai Street (Hindustan Lever Colony) has changed

The guideline value of Annai Velangkanai Street has experienced significant changes over the years. In 2002, the value was Rs 163 per sq.ft, which increased to Rs 185 per sq.ft in 2003, marking a rise of 13%. The value continued to grow, reaching Rs 260 per sq.ft in 2007, an increase of 41% from the previous revision. The 2012 revision has no figure for this street. Following that, the guideline value surged to Rs 1,541 per sq.ft in 2017, reflecting a remarkable increase of 493% from 2007. By 2023, the value was Rs 2,300 per sq.ft, a 49% rise from 2017. The most recent revision in 2024 set the value at Rs 2,530 per sq.ft, a 10% increase from the previous year.

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 value is Rs 2,090 per sq.ft, placing Annai Velangkanai Street's 2024 figure above that median.

Stamp duty and registration fee for property in Annai Velangkanai Street (Hindustan Lever Colony)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,530 per sq.ft, the total guideline value would be Rs 25,30,000. The stamp duty at 7% would be Rs 1,77,100, and the registration fee at 2% would be Rs 50,600, making the total cost for these fees Rs 2,27,700. Please note that 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 details.

Which Sub Registrar Office covers Annai Velangkanai Street (Hindustan Lever Colony)?

The Sub Registrar Office that covers Annai Velangkanai Street (Hindustan Lever Colony) 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 information.

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

The guideline value is a key factor in the registration of property transactions in Pammal. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue from stamp duties and registration fees.

When buying or selling property, the guideline value helps both parties understand the fair value of the property. It is essential for buyers to be aware of the guideline value to avoid overpaying and for sellers to set realistic expectations regarding their property's worth.

Frequently asked questions

What is the current guideline value of Annai Velangkanai Street?

The current guideline value of Annai Velangkanai Street (Hindustan Lever Colony) is Rs 2,530 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 163 per sq.ft in 2002 to Rs 2,530 per sq.ft in 2024, marking an overall increase of 1452%.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 2,27,700.

Which office handles registrations for Annai Velangkanai Street?

The Pammal Sub Registrar Office handles registrations for Annai Velangkanai Street (Hindustan Lever Colony), located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What other streets have guideline values in Pammal?

Other streets in Pammal include Annai Thersa Street (V.O.C.Nagar) at Rs 2,750 per sq.ft, Annai Thersa Street (LIC colony) at Rs 2,530 per sq.ft, and Annai Sathya Nagar at Rs 1,980 per sq.ft, among others.