Guideline Value

Corporate

Guideline Value for Durga Nagar Kamaraj Street

₹2420/sq.ft.

The guideline value for Durga Nagar Kamaraj Street in Thiruneermalai village (Pammal SRO, Chengalpattu zone) is Rs 2420 per sq.ft, effective 1 July 2024. It was Rs 2200 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

Thiruneermalai

Village

Pammal

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2420 /sq.ft.
From 1-4-2023 ₹2200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1474 /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 Durga Nagar Kamaraj Street

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Durga Nagar Kamaraj Street guideline value

The current guideline value of Durga Nagar Kamaraj Street is Rs 2,420 per sq.ft, effective from 1 July 2024. This street is located in Thiruneermalai village and falls under the Pammal SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Durga Nagar Kamaraj Street has changed

The guideline value for Durga Nagar Kamaraj Street has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 2,420 per sq.ft, which is an increase of 10% from the 2023 revision of Rs 2,200 per sq.ft. Looking back further, the value was Rs 1,474 per sq.ft in the 2017 revision, marking a significant increase of 49% to the 2023 figure. Overall, from 2017 to 2024, the guideline value has increased by 64%.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thiruneermalai

In Thiruneermalai, there are 316 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 6,240 per sq.ft. The median value for these streets is Rs 2,420 per sq.ft, which is the same as the current value for Durga Nagar Kamaraj Street.

Stamp duty and registration fee for property in Durga Nagar Kamaraj Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,420 per sq.ft, the total guideline value would be Rs 24,20,000. The stamp duty at 7% would amount to Rs 1,69,400, and the registration fee at 2% would be Rs 48,400, bringing the total to Rs 2,17,800. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Durga Nagar Kamaraj Street?

The Sub Registrar Office that covers Durga Nagar Kamaraj Street 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 Thiruneermalai

The guideline value is a crucial factor in determining the official value of a property during registration. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

When buying or selling property in Thiruneermalai, the guideline value helps both buyers and sellers understand the minimum value at which the property can be registered. This value is essential for legal documentation and financial transactions related to property ownership.

Frequently asked questions

What is the current guideline value of Durga Nagar Kamaraj Street?

The current guideline value of Durga Nagar Kamaraj Street is Rs 2,420 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed from 2017 to 2024?

From 2017 to 2024, the guideline value has increased by 64%, rising from Rs 1,474 per sq.ft to Rs 2,420 per sq.ft.

What is the registration office for properties in Durga Nagar Kamaraj Street?

The registration office for properties in Durga Nagar Kamaraj Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the stamp duty rate for properties in this area?

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

Are there other streets with the same guideline value in Thiruneermalai?

Yes, several other streets in Thiruneermalai have the same guideline value of Rs 2,420 per sq.ft for 2024, including Durga Nagar Kabilar Street, Durga Nagar Kambar Street, and others.