Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Chamiers Road / Pasumpon

₹17600/sq.ft.

The guideline value for Chamiers Road / Pasumpon in Mylapore Part 1 village (Chennai Central Joint I SRO, Chennai zone) is Rs 17600 per sq.ft, effective 1 July 2024. It was Rs 16000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Special Type - V. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mylapore Part 1

Village

Chennai Central Joint I

SRO

Commercial Special Type - V
History
Period Guideline Value
From 1-7-2024 ₹17600 /sq.ft.
From 1-4-2023 ₹16000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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)

No.182 Bharati Salai(pycrafts Road) Royapettah, Chennai-600014
044-28613608
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Chamiers Road / Pasumpon

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Chamiers Road / Pasumpon guideline value

The current guideline value of Chamiers Road / Pasumpon is Rs 17,600 per sq.ft, effective from 1 July 2024. This street is located in Mylapore Part 1 village and falls under the Chennai Central Joint I SRO. The land classification for this area is Commercial Special Type - V.

How the guideline value of Chamiers Road / Pasumpon has changed

The guideline value for Chamiers Road / Pasumpon has undergone several revisions over the years. The register has no figure for this street in the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 16,000 per sq.ft. The most recent revision in 2024 increased this value by 10%, bringing it to Rs 17,600 per sq.ft.

In summary, the changes in the guideline value for Chamiers Road / Pasumpon are as follows: from Rs 16,000 per sq.ft in 2023 to Rs 17,600 per sq.ft in 2024. This reflects a significant increase, highlighting the current valuation of this street.

Guideline values in Mylapore Part 1

In Mylapore Part 1, there are 333 streets under the Chennai Central Joint I SRO with a 2024 guideline value ranging from Rs 4,400 to Rs 25,300 per sq.ft. The median value for these streets is Rs 8,800 per sq.ft, placing Chamiers Road / Pasumpon above this median.

Stamp duty and registration fee for property in Chamiers Road / Pasumpon

For a 1,000 sq.ft plot at the current guideline value of Rs 17,600 per sq.ft, the total guideline value would be Rs 1,76,00,000. The stamp duty at 7% would amount to Rs 12,32,000, and the registration fee at 2% would be Rs 3,52,000, making the total fees Rs 15,84,000. 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 information on fees applicable to your property transaction.

Which Sub Registrar Office covers Chamiers Road / Pasumpon?

The Sub Registrar Office that covers Chamiers Road / Pasumpon is the Chennai Central Joint I Sub Registrar Office, located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014. For further details, you can find your SRO.

How the guideline value is used when you buy or sell in Mylapore Part 1

The guideline value is a crucial factor in property transactions in Mylapore Part 1. It serves as the basis for calculating stamp duty and registration fees, which are mandatory when buying or selling property. Buyers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

When engaging in a property transaction, it is essential to consult the guideline value to understand the financial implications. This ensures that buyers and sellers are fully informed of the costs associated with the registration process.

Frequently asked questions

What is the current guideline value of Chamiers Road / Pasumpon?

The current guideline value of Chamiers Road / Pasumpon is Rs 17,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 16,000 per sq.ft in 2023 to Rs 17,600 per sq.ft in 2024, reflecting a 10% increase. The register has no figure for this street in the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Chamiers Road / Pasumpon?

The land classification for Chamiers Road / Pasumpon is Commercial Special Type - V. This classification may influence the types of developments allowed in the area.

Where can I find the Sub Registrar Office for Chamiers Road / Pasumpon?

The Sub Registrar Office for Chamiers Road / Pasumpon is the Chennai Central Joint I Sub Registrar Office, located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For instance, for a 1,000 sq.ft plot at the current rate, the total fees would amount to Rs 15,84,000.