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Guideline Value

Corporate

Guideline Value for Eswaran Koil Street

₹1980/sq.ft.

The guideline value for Eswaran Koil Street in Kerugambakkam 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

Kerugambakkam

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 Eswaran Koil Street

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Eswaran Koil Street guideline value

The current guideline value of Eswaran Koil Street is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Kerugambakkam village under the Pammal SRO, classified as Residential Class II Type - II.

How the guideline value of Eswaran Koil Street has changed

The guideline value for Eswaran Koil Street has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 1,980 per sq.ft, a 10% increase from Rs 1,800 per sq.ft in the 2023 revision. Looking back further, the value increased significantly from Rs 1,206 per sq.ft in 2017 to Rs 1,800 per sq.ft in 2023, marking a 49% rise. Notably, there are no figures available for this street in the revisions from 2002, 2003, 2007, and 2012.

Overall, from 2017 to 2024, the guideline value has increased by 64%. This consistent rise reflects changes in the valuation of property in the area, culminating in the current figure of Rs 1,980 per sq.ft.

Guideline values in Kerugambakkam

Kerugambakkam village has a total of 144 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 4,800 per sq.ft. The median guideline value in the village is Rs 2,200 per sq.ft, placing Eswaran Koil Street's 2024 figure below this median.

Stamp duty and registration fee for property in Eswaran Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value would be Rs 19,80,000. The stamp duty at 7% would amount to Rs 1,38,600, while the registration fee at 2% would be Rs 39,600. Therefore, the total cost for stamp duty and registration would be Rs 1,78,200. 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 Eswaran Koil Street?

The Sub Registrar Office that covers Eswaran Koil 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 further assistance.

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

The guideline value is a crucial factor in property transactions in Kerugambakkam. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the buying or selling process. This ensures that the government receives the appropriate revenue based on the property's assessed value.

When registering a property, the guideline value helps in establishing the minimum price at which the property can be sold. Buyers and sellers must consider this value to ensure compliance with local regulations and to avoid potential legal issues during the transaction.

Frequently asked questions

What is the current guideline value of Eswaran Koil Street?

The current guideline value of Eswaran Koil Street 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 changed from Rs 1,206 per sq.ft in 2017 to Rs 1,980 per sq.ft in 2024, reflecting an overall increase of 64% over this period.

What is the median guideline value in Kerugambakkam?

The median guideline value in Kerugambakkam is Rs 2,200 per sq.ft, which is above the current value of Eswaran Koil Street.

What are the stamp duty and registration fees for properties in Eswaran Koil Street?

For a property valued at Rs 19,80,000, the stamp duty would be Rs 1,38,600 and the registration fee would be Rs 39,600, totaling Rs 1,78,200.

Which office handles property registrations for Eswaran Koil Street?

The Pammal Sub Registrar Office handles property registrations for Eswaran Koil Street, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.