Guideline Value

Corporate

Guideline Value for E.V.R. Street

₹4400/sq.ft.

The guideline value for E.v.r. Street in Meenambakkam village (Pammal 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 - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Meenambakkam

Village

Pammal

SRO

Commercial Class I Type - II
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 N/A
From 1-8-2007 To 31-3-2012 ₹935 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹222 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹190 /sq.ft.
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]

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

E.V.R. Street guideline value

The current guideline value of E.V.R. Street in Meenambakkam village is Rs 4,400 per sq.ft, effective from 1 July 2024. This street falls under the Pammal SRO and is classified as Commercial Class I Type - II.

How the guideline value of E.V.R. Street has changed

The guideline value for E.V.R. Street has seen significant changes over the years. In 2002, the value was Rs 190 per sq.ft, which increased to Rs 222 per sq.ft in 2003, marking a rise of 17%. The value then jumped to Rs 935 per sq.ft in 2007, reflecting a substantial increase of 321%. By 2017, the guideline value reached Rs 2,680 per sq.ft, a remarkable rise of 187%. The 2023 revision saw the value increase to Rs 4,000 per sq.ft, which was a 49% increase from the previous figure. The latest revision in 2024 has set the guideline value at Rs 4,400 per sq.ft, an increase of 10% from 2023.

It is important to note that there is no figure available for E.V.R. Street in the 2012 revision. Overall, from 2002 to 2024, the guideline value has increased by 2,216%.

Guideline values in Meenambakkam

In Meenambakkam, there are 17 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 1,650 to Rs 8,800 per sq.ft. The median value for these streets is Rs 3,850 per sq.ft, placing E.V.R. Street's 2024 figure above this median.

Stamp duty and registration fee for property in E.V.R. Street

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 amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000. Together, the total cost for stamp duty and registration would be 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 our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers E.V.R. Street?

The Sub Registrar Office that covers E.V.R. Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Meenambakkam. It serves as a benchmark for determining the minimum value of a property for registration purposes. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is registered, the guideline value is used to calculate the stamp duty and registration fees. This ensures that the transaction is officially documented and that the appropriate taxes are paid based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of E.V.R. Street?

The current guideline value of E.V.R. Street is Rs 4,400 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased significantly from Rs 190 per sq.ft in 2002 to Rs 4,400 per sq.ft in 2024, representing an overall increase of 2,216% over this period.

What is the registration office for E.V.R. Street?

The registration office for E.V.R. Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How is stamp duty calculated for properties in E.V.R. Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 44,00,000, the stamp duty would be Rs 3,08,000 at a rate of 7%.

What are the other streets in Meenambakkam with guideline values?

Other streets in Meenambakkam include Dr. Ambedkar Street, Dr. Ambedkar 3rd Cross Street, Dr. Ambedkar 2nd Cross Street, Dr. Ambedkar 1st Cross Street, G.S.T. Road, and Bharathi Street, with values ranging from Rs 1,650 to Rs 8,800 per sq.ft in 2024.