Guideline Value

Corporate

Guideline Value for Commissioner Colony Main Road (2)

₹2200/sq.ft.

The guideline value for Commissioner Colony Main Road (2) in Pozhichalur village (Pammal SRO, Chengalpattu zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Pozhichalur

Village

Pammal

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /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 Commissioner Colony Main Road (2)

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Commissioner Colony Main Road (2) guideline value

The current guideline value for Commissioner Colony Main Road (2) is Rs 2,200 per sq.ft. This street is located in Pozhichalur village and falls under the Pammal SRO. The land classification for this area is Commercial Class I Type - I.

How the guideline value of Commissioner Colony Main Road (2) has changed

The guideline value for Commissioner Colony Main Road (2) has undergone several revisions over the years. The 2017 revision set the value at Rs 1,340 per sq.ft, which was then increased to Rs 2,000 per sq.ft in the 2023 revision. The most recent revision in 2024 raised the guideline value to Rs 2,200 per sq.ft, marking a 10% increase from the previous year.

Between the 2017 and 2023 revisions, there was a significant increase of 49%. Overall, from 2017 to 2024, the guideline value has risen by 64%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Pozhichalur

In Pozhichalur, there are 299 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 4,500 per sq.ft. The median guideline value for the village is Rs 1,320 per sq.ft, making the 2024 figure for Commissioner Colony Main Road (2) above this median.

Stamp duty and registration fee for property in Commissioner Colony Main Road (2)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total fees together to Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Commissioner Colony Main Road (2)?

The Sub Registrar Office that covers Commissioner Colony Main Road (2) 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 Pozhichalur

The guideline value is a crucial factor in property transactions in Pozhichalur, as it determines the minimum value at which a property can be registered. This value is used to calculate stamp duty and registration fees, ensuring that both buyers and sellers are aware of the financial implications of their transactions.

When purchasing or selling property, it is essential to refer to the guideline value to understand the associated costs. This helps in preparing for the necessary fees and ensures compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value for Commissioner Colony Main Road (2)?

The current guideline value for Commissioner Colony Main Road (2) is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,340 per sq.ft in 2017 to Rs 2,200 per sq.ft in 2024, marking an overall increase of 64% over this period.

What is the median guideline value in Pozhichalur?

The median guideline value for the 299 streets in Pozhichalur is Rs 1,320 per sq.ft, with Commissioner Colony Main Road (2) exceeding this median.

What are the stamp duty and registration fees for property transactions?

Stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, while the registration fee is 2% of the guideline value. For example, a 1,000 sq.ft plot would incur a total fee of Rs 1,98,000.

Which office handles registrations for Commissioner Colony Main Road (2)?

The Pammal Sub Registrar Office handles registrations for Commissioner Colony Main Road (2), located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.