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Guideline Value

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Guideline Value for Everest Garden - VI

₹1100/sq.ft.

The guideline value for Everest Garden - Vi in Erandankattalai village (Pammal SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 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

Erandankattalai

Village

Pammal

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /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 Everest Garden - Vi

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Everest Garden - VI guideline value

The current guideline value of Everest Garden - VI is Rs 1,100 per sq.ft, effective from 1 July 2024. This property is located in Erandankattalai village under the Pammal SRO, classified as Residential Class I Type - I.

How the guideline value of Everest Garden - VI has changed

The guideline value for Everest Garden - VI has undergone several revisions over the years. In 2017, the guideline value was Rs 670 per sq.ft. This value increased significantly to Rs 1,000 per sq.ft in 2023, marking a 49% rise. The latest revision in 2024 has set the guideline value at Rs 1,100 per sq.ft, reflecting a 10% increase from the previous year.

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 the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Erandankattalai

In Erandankattalai, there are 60 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 770 to Rs 4,270 per sq.ft. The median guideline value for these streets is Rs 1,100 per sq.ft, which is the same as the 2024 figure for Everest Garden - VI.

Stamp duty and registration fee for property in Everest Garden - VI

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, while the registration fee at 2% would be Rs 22,000, making the total cost for these fees Rs 99,000. Please note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Everest Garden - VI?

The Sub Registrar Office that covers Everest Garden - VI 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 details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Erandankattalai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring that the transaction is recorded at a fair value.

When a property is sold, the guideline value is compared with the sale price. The higher of the two is used to calculate the applicable charges, ensuring compliance with local regulations and maintaining transparency in property transactions.

Frequently asked questions

What is the current guideline value of Everest Garden - VI?

The current guideline value of Everest Garden - VI is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 670 per sq.ft in 2017 to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024. This represents an overall increase of 64% from 2017 to 2024.

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

Other streets in Erandankattalai with the same guideline value of Rs 1,100 per sq.ft include Everest Garden - I, Everest Garden - II, Everest Garden - III, Everest Garden - IV, Everest Garden - V, and Everest Garden Extn.

How is the stamp duty calculated for properties in Everest Garden - VI?

Stamp duty for properties in Everest Garden - VI is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 1,100 per sq.ft would incur a stamp duty of Rs 77,000.

Where can I find the Sub Registrar Office for Everest Garden - VI?

The Sub Registrar Office for Everest Garden - VI is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075. You can find more information by visiting the relevant links.