Guideline Value

Corporate

Guideline Value for Devaraj Nagar 1st Main Road

₹1980/sq.ft.

The guideline value for Devaraj Nagar 1st Main Road in Anakaputhur 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 I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Anakaputhur

Village

Pammal

SRO

Residential Class I Type - I
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 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 Devaraj Nagar 1st Main Road

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Devaraj Nagar 1st Main Road guideline value

The current guideline value of Devaraj Nagar 1st Main Road is Rs 1,980 per sq.ft, effective from 1 July 2024. This road is located in Anakaputhur village under the Pammal SRO, and it falls under the Residential Class I Type - I land classification.

How the guideline value of Devaraj Nagar 1st Main Road has changed

The guideline value for Devaraj Nagar 1st Main Road has seen several revisions over the years. The oldest recorded revision is from 2017, where the value was Rs 1,206 per sq.ft. By 2023, this value increased to Rs 1,800 per sq.ft, marking a significant rise of 49%. The most recent revision in 2024 brought the guideline value to Rs 1,980 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that there are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, the guideline value has increased by 64% from 2017 to 2024.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median value is Rs 1,980 per sq.ft, which is the same as the guideline value for Devaraj Nagar 1st Main Road.

Stamp duty and registration fee for property in Devaraj Nagar 1st Main Road

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 essential to note that 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 Devaraj Nagar 1st Main Road?

The Sub Registrar Office that covers Devaraj Nagar 1st Main Road is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when buying or selling property in Anakaputhur. It is used to determine the stamp duty and registration fees that need to be paid during the registration process. Buyers should be aware that the guideline value may differ from the actual sale price of the property.

When registering a property, the authorities will charge the applicable fees based on the guideline value or the sale price, whichever is higher. Therefore, understanding the guideline value is essential for both buyers and sellers to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Devaraj Nagar 1st Main Road?

The current guideline value of Devaraj Nagar 1st Main Road is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,206 per sq.ft in 2017 to Rs 1,980 per sq.ft in 2024, marking a 64% increase overall. The most recent revision in 2024 saw a 10% increase from the previous year.

What is the land classification of Devaraj Nagar 1st Main Road?

Devaraj Nagar 1st Main Road falls under the Residential Class I Type - I land classification.

Where can I find the registration office for Devaraj Nagar 1st Main Road?

The registration office for Devaraj Nagar 1st Main Road is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How is the stamp duty calculated for properties in Anakaputhur?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 19,80,000 would incur a stamp duty of Rs 1,38,600 at 7%.