Guideline Value

Corporate

Guideline Value for Dr.ABDUL KALAM STREET

₹3850/sq.ft.

The guideline value for Dr.abdul Kalam Street in Zaminpallavaram village (Pallavaram SRO, Chengalpattu zone) is Rs 3850 per sq.ft, effective 1 July 2024. It was Rs 3750 per sq.ft from 1 April 2023, a 3% change. The land classification is Mixed Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Zaminpallavaram

Village

Pallavaram

SRO

Mixed Type - I
History
Period Guideline Value
From 1-7-2024 ₹3850 /sq.ft.
From 1-4-2023 ₹3750 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹3500 /sq.ft.
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)

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 Dr.abdul Kalam Street

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Dr.ABDUL KALAM STREET guideline value

The current guideline value of Dr.ABDUL KALAM STREET in Zaminpallavaram village is Rs 3,850 per sq.ft, effective from 1 July 2024. This street falls under the Pallavaram SRO and is classified as Mixed Type - I land.

How the guideline value of Dr.ABDUL KALAM STREET has changed

The guideline value for Dr.ABDUL KALAM STREET has seen several revisions over the years. The 2012 revision set the value at Rs 3,500 per sq.ft. This increased to Rs 3,750 per sq.ft in the 2023 revision, marking a 7% rise. The most recent 2024 revision has further raised the value to Rs 3,850 per sq.ft, reflecting a 3% increase from the previous year. Notably, there are no figures available for the revisions in 2002, 2003, 2007, and 2017.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. This consistent rise indicates a gradual adjustment in property values over the years, with the current rate being higher than the previous revisions.

Guideline values in Zaminpallavaram

Zaminpallavaram village has a total of 638 streets under the Pallavaram SRO, with guideline values ranging from Rs 2,100 to Rs 11,000 per sq.ft. The median value for these streets is Rs 3,300 per sq.ft, placing Dr.ABDUL KALAM STREET above the median at Rs 3,850 per sq.ft.

Stamp duty and registration fee for property in Dr.ABDUL KALAM STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 3,850 per sq.ft, the total guideline value amounts to Rs 38,50,000. The stamp duty at 7% would be Rs 2,69,500, and the registration fee at 2% would be Rs 77,000, bringing the total cost for these fees to Rs 3,46,500. 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 more assistance.

Which Sub Registrar Office covers Dr.ABDUL KALAM STREET?

The Sub Registrar Office that covers Dr.ABDUL KALAM STREET 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 in property transactions in Zaminpallavaram. It serves as a benchmark for determining the stamp duty and registration fees when buying or selling property. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is registered, the guideline value is used to calculate the applicable fees, which are based on the higher of the guideline value or the actual sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Dr.ABDUL KALAM STREET?

The current guideline value of Dr.ABDUL KALAM STREET is Rs 3,850 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 3,500 per sq.ft in 2012 to Rs 3,750 per sq.ft in 2023, and now to Rs 3,850 per sq.ft in 2024. This represents a total increase of 10% from 2012 to 2024.

What are the other streets in Zaminpallavaram?

Other streets in Zaminpallavaram include Dr.Ambedkar Street, Doctor Colony, Dhidir Nagar, Dr.Solaman Street, Duraikannu Road, and Duraipakkam Pallavaram Link Road, each with their respective guideline values for 2024.

What is the stamp duty for property in Dr.ABDUL KALAM STREET?

The stamp duty for property in Dr.ABDUL KALAM STREET is calculated at 7% of the guideline value. For a plot valued at Rs 38,50,000, the stamp duty would be Rs 2,69,500.

Where is the Sub Registrar Office for Dr.ABDUL KALAM STREET?

The Sub Registrar Office for Dr.ABDUL KALAM STREET is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, within the Chengalpattu registration zone.