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Guideline Value

Corporate

Guideline Value for Fathima Manzal Road, Nehru Nagar

₹1980/sq.ft.

The guideline value for Fathima Manzal Road, Nehru Nagar in Pammal 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

Pammal

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 Fathima Manzal Road, Nehru Nagar

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Fathima Manzal Road, Nehru Nagar guideline value

The current guideline value of Fathima Manzal Road, Nehru Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024. This road is located in Pammal village under the Pammal SRO and is classified as Residential Class II Type - II.

How the guideline value of Fathima Manzal Road, Nehru Nagar has changed

Over the years, the guideline value for Fathima Manzal Road has seen significant changes. The 2017 revision recorded a guideline value of Rs 1,206 per sq.ft. This was followed by an increase to Rs 1,800 per sq.ft in the 2023 revision, marking a 49% rise. The latest revision in 2024 has set the value at Rs 1,980 per sq.ft, which is a further increase of 10% from the previous year.

There are no recorded guideline values for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 64%.

Guideline values in Pammal

In Pammal, there are a total of 926 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value for these streets is Rs 2,090 per sq.ft, placing Fathima Manzal Road's 2024 figure below this median.

Stamp duty and registration fee for property in Fathima Manzal Road, Nehru Nagar

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, and the registration fee at 2% would be Rs 39,600, resulting in a total cost of 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.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Fathima Manzal Road, Nehru Nagar?

The Fathima Manzal Road, Nehru Nagar falls under the jurisdiction of 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 Pammal

The guideline value is a crucial factor when registering property transactions in Pammal. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value helps both buyers and sellers understand the official valuation of the property. It is essential to consider this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Fathima Manzal Road, Nehru Nagar?

The current guideline value of Fathima Manzal Road, Nehru Nagar 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 1,800 per sq.ft in 2023, and then to Rs 1,980 per sq.ft in 2024. This represents a total increase of 64% from 2017 to 2024.

What is the land classification for Fathima Manzal Road?

Fathima Manzal Road is classified as Residential Class II Type - II. This classification indicates the type of development permissible in the area.

Where can I find the registration office for Fathima Manzal Road?

The registration office for Fathima Manzal Road is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How is stamp duty calculated for properties in Pammal?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 19,80,000, the stamp duty at 7% would be Rs 1,38,600.