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Guideline Value

Corporate

Guideline Value for Chembers Colony 1st Cross St.

₹3300/sq.ft.

The guideline value for Chembers Colony 1st Cross St. in Zaminpallavaram village (Pallavaram SRO, Chengalpattu zone) is Rs 3300 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Zaminpallavaram

Village

Pallavaram

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹3300 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹2010 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹690 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044
044-22413425
[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 Chembers Colony 1st Cross St.

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Chembers Colony 1st Cross St. guideline value

The current guideline value of Chembers Colony 1st Cross St. is Rs 3,300 per sq.ft, effective from 1 July 2024. This street is located in Zaminpallavaram village, under the Pallavaram SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of Chembers Colony 1st Cross St. has changed

Over the years, the guideline value for Chembers Colony 1st Cross St. has undergone several revisions. Starting from Rs 690 per sq.ft in 2003, it increased to Rs 1,000 per sq.ft in 2007, marking a 45% rise. The value then surged to Rs 3,000 per sq.ft in 2012, representing a remarkable 200% increase. However, it decreased to Rs 2,010 per sq.ft in 2017, showing a decline of 33% before reaching the current value of Rs 3,300 per sq.ft in the 2024 revision, which is an increase of 64% from 2017.

There are no figures available for the revisions in 2023 and 2002 for this street. Overall, from 2003 to 2024, the guideline value has increased by 378%.

Guideline values in Zaminpallavaram

In Zaminpallavaram, there are 638 streets under the Pallavaram SRO that carry a 2024 guideline value ranging from Rs 2,100 to Rs 11,000 per sq.ft. The median value is Rs 3,300 per sq.ft, which is equal to the 2024 guideline value of Chembers Colony 1st Cross St.

Stamp duty and registration fee for property in Chembers Colony 1st Cross St.

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total to Rs 2,97,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Chembers Colony 1st Cross St.?

The Sub Registrar Office that covers Chembers Colony 1st Cross St. is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Zaminpallavaram. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value helps in establishing a fair price for the transaction. Buyers and sellers must consider this value to ensure compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of Chembers Colony 1st Cross St.?

The current guideline value of Chembers Colony 1st Cross St. is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2003, the guideline value has increased from Rs 690 per sq.ft to Rs 3,300 per sq.ft in 2024, marking an overall increase of 378% over this period.

What is the land classification for Chembers Colony 1st Cross St.?

The land classification for Chembers Colony 1st Cross St. is Residential Class I Type - II.

What is the stamp duty rate for property in Chembers Colony 1st Cross St.?

The stamp duty rate for property in Chembers Colony 1st Cross St. is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Chembers Colony 1st Cross St. located?

The Sub Registrar Office covering Chembers Colony 1st Cross St. is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.