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Guideline Value

Corporate

Guideline Value for Dharka Road South Side Salaikal

₹4400/sq.ft.

The guideline value for Dharka Road South Side Salaikal in Zaminpallavaram village (Pallavaram SRO, Chengalpattu zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Zaminpallavaram

Village

Pallavaram

SRO

Commercial Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹600 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹351 /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 Dharka Road South Side Salaikal

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Dharka Road South Side Salaikal guideline value

The current guideline value for Dharka Road South Side Salaikal is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Zaminpallavaram village under the Pallavaram SRO and is classified as Commercial Class I Type - III.

How the guideline value of Dharka Road South Side Salaikal has changed

The guideline value for Dharka Road South Side Salaikal has seen several revisions over the years. In 2003, the guideline value was Rs 351 per sq.ft, which increased to Rs 600 per sq.ft in 2007. Following that, it rose significantly to Rs 4,000 per sq.ft in 2012. However, in 2017, the value dropped to Rs 2,680 per sq.ft. The most recent revisions show an increase to Rs 4,000 per sq.ft in 2023, followed by a further increase to Rs 4,400 per sq.ft in 2024, marking a 10% rise from the previous year.

Overall, from 2003 to 2024, the guideline value has increased by 1154%. The changes between revisions include a 567% increase from 2007 to 2012, a 49% increase from 2017 to 2023, and a 33% decrease from 2012 to 2017. Notably, there is no registered figure for Dharka Road South Side Salaikal for the year 2002.

Guideline values in Zaminpallavaram

Zaminpallavaram has a total of 638 streets under the Pallavaram SRO, with the 2024 guideline values ranging from Rs 2,100 to Rs 11,000 per sq.ft. The median guideline value for the village is Rs 3,300 per sq.ft, placing Dharka Road South Side Salaikal's current value above this median.

Stamp duty and registration fee for property in Dharka Road South Side Salaikal

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, totaling Rs 3,96,000. 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 details.

Which Sub Registrar Office covers Dharka Road South Side Salaikal?

The Sub Registrar Office that covers Dharka Road South Side Salaikal 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 plays a crucial role in property transactions in Zaminpallavaram. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider the guideline value when negotiating sale prices, as it influences the applicable stamp duty and registration fees.

When a property is sold, the buyer must pay stamp duty based on the higher of the guideline value or the agreed sale price. This ensures that the state government receives the appropriate revenue from property transactions, reflecting the value of real estate in the area.

Frequently asked questions

What is the current guideline value of Dharka Road South Side Salaikal?

The current guideline value of Dharka Road South Side Salaikal is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 351 per sq.ft in 2003 to Rs 4,400 per sq.ft in 2024. The most notable changes include a 567% increase from 2007 to 2012 and a 10% increase from 2023 to 2024.

What is the median guideline value in Zaminpallavaram?

The median guideline value in Zaminpallavaram is Rs 3,300 per sq.ft, with Dharka Road South Side Salaikal's current value above this median.

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

The stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, and the registration fee is 2% of the guideline value. For a property valued at Rs 44,00,000, the total fees would amount to Rs 3,96,000.

Where is the Sub Registrar Office for Dharka Road South Side Salaikal located?

The Sub Registrar Office for Dharka Road South Side Salaikal is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.