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Guideline Value

Corporate

Guideline Value for Chakarapani Street / Pasumpon Nagar

₹1980/sq.ft.

The guideline value for Chakarapani Street / Pasumpon Nagar in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Pammal

Village

Pammal

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1980 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 ₹360 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹226 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹200 /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 Chakarapani Street / Pasumpon Nagar

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Chakarapani Street / Pasumpon Nagar guideline value

The current guideline value of Chakarapani Street / Pasumpon Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024. This area is located in Pammal village and falls under the Pammal SRO. The land classification for this street is Residential Class II Type - II.

How the guideline value of Chakarapani Street / Pasumpon Nagar has changed

The guideline value for Chakarapani Street / Pasumpon Nagar has undergone several revisions since 2002. The 2002 revision set the value at Rs 200 per sq.ft, which increased to Rs 226 per sq.ft in 2003, marking a 13% rise. The value continued to increase significantly, reaching Rs 360 per sq.ft in 2007, a 59% increase from the previous revision. By 2017, the value had risen to Rs 1,206 per sq.ft, reflecting a substantial 235% increase from 2007. The 2023 revision saw the value at Rs 1,800 per sq.ft, a 49% increase from 2017. The current 2024 revision has set the guideline value at Rs 1,980 per sq.ft, which is a 10% increase from 2023. Notably, there is no figure available for this street in the 2012 revision.

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, with a median value of Rs 2,090 per sq.ft. The guideline value of Chakarapani Street / Pasumpon Nagar is below this median.

Stamp duty and registration fee for property in Chakarapani Street / Pasumpon Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value would be Rs 19,80,000. The stamp duty at 7% would amount to Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, bringing the total to Rs 1,78,200. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chakarapani Street / Pasumpon Nagar?

The Sub Registrar Office covering Chakarapani Street / Pasumpon 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 information.

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

The guideline value plays a crucial role in the registration process of property transactions in Pammal. It serves as the basis for calculating stamp duty and registration fees, ensuring that these costs are aligned with the official valuation of the property.

When buying or selling property, the guideline value is essential for both parties to understand the financial obligations involved. It helps in determining the minimum price at which a property can be registered, thus facilitating a transparent transaction process.

Frequently asked questions

What is the current guideline value of Chakarapani Street / Pasumpon Nagar?

The current guideline value of Chakarapani Street / Pasumpon Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly from Rs 200 per sq.ft in 2002 to Rs 1,980 per sq.ft in 2024, reflecting an overall increase of 890% over this period.

What are the other streets with guideline values in Pammal?

Other streets in Pammal include Chakarapani Street / Gandhi Nagar at Rs 2,475 per sq.ft, Buddhar Street / Thiruvalluvar Nagar at Rs 2,475 per sq.ft, and Cheran Street / VOC Nagar at Rs 2,750 per sq.ft, among others.

What is the stamp duty rate for properties in Chakarapani Street / Pasumpon Nagar?

The stamp duty rate for properties in Chakarapani Street / Pasumpon Nagar is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Chakarapani Street / Pasumpon Nagar?

The Sub Registrar Office for Chakarapani Street / Pasumpon Nagar is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.