Guideline Value

Corporate

Guideline Value for Dr. Ambedhkar Nagar

₹1980/sq.ft.

The guideline value for Dr. Ambedhkar Nagar in Pammal 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 Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Pammal

Village

Pammal

SRO

Residential Class II Type - II
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 Dr. Ambedhkar Nagar

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Dr. Ambedhkar Nagar guideline value

The current guideline value of Dr. Ambedhkar Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024. This area is located in Pammal village, under the Pammal SRO, and is classified as Residential Class II Type - II.

How the guideline value of Dr. Ambedhkar Nagar has changed

The guideline value for Dr. Ambedhkar Nagar has undergone several revisions over the years. The 2017 revision recorded a value of Rs 1,206 per sq.ft, which increased to Rs 1,800 per sq.ft in 2023. The latest revision in 2024 has set the value at Rs 1,980 per sq.ft, reflecting a significant increase of 64% from 2017 to 2024. Notably, there are no figures available for this street for the years 2002, 2003, 2007, and 2012.

From 2023 to 2024, the guideline value increased by 10%. The substantial rise from 2017 to 2023 was 49%, indicating a steady upward trend in the guideline value over these years.

Guideline values in Pammal

Pammal village has a total of 926 streets under the Pammal SRO, with the 2024 guideline values ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value for these streets is Rs 2,090 per sq.ft, placing Dr. Ambedhkar Nagar's 2024 figure below the median.

Stamp duty and registration fee for property in Dr. Ambedhkar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value amounts to Rs 19,80,000. The stamp duty at 7% would be Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, bringing the total cost for these fees to Rs 1,78,200. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for precise calculations.

Which Sub Registrar Office covers Dr. Ambedhkar Nagar?

The Sub Registrar Office that covers Dr. Ambedhkar Nagar 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 Pammal

The guideline value is a critical factor in property transactions in Pammal. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees applicable during the sale or purchase of property.

When a property is sold, the buyer must ensure that the sale price is at least equal to the guideline value to avoid any legal complications. This value helps maintain transparency and fairness in property transactions.

Frequently asked questions

What is the current guideline value of Dr. Ambedhkar Nagar?

The current guideline value of Dr. Ambedhkar Nagar 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 an overall increase of 64% over this period.

What is the stamp duty rate for properties in Dr. Ambedhkar Nagar?

The stamp duty rate for properties in Dr. Ambedhkar Nagar is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Pammal Sub Registrar Office?

The Pammal Sub Registrar Office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What are the other streets with the same guideline value in Pammal?

Other streets in Pammal with the same guideline value of Rs 1,980 per sq.ft include Dr.Ambedhar Nagar, Cross Street, Dr. Ambedhkar Nagar, 5th Cross Street, Dr.Ambedhar Nagar, 4th Street, and Dr.Abdulkalam Road, Nagelkeni.