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Guideline Value

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Guideline Value for GOVT GROUP HOUSE 1 TO 4 STREETS

₹1940/sq.ft.

The guideline value for Govt Group House 1 To 4 Streets in Thirusulam village (Pallavaram SRO, Chengalpattu zone) is Rs 1940 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Thirusulam

Village

Pallavaram

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1940 /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 ₹1800 /sq.ft.
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)

7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044
044-22413425
[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 Govt Group House 1 To 4 Streets

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Govt Group House 1 To 4 Streets guideline value

The current guideline value for Govt Group House 1 To 4 Streets in Thirusulam village is Rs 1,940 per sq.ft, effective from 1 July 2024. This area falls under the Pallavaram SRO and is classified as Residential Class II Type - I.

How the guideline value of Govt Group House 1 To 4 Streets has changed

The guideline value for Govt Group House 1 To 4 Streets has undergone several revisions over the years. The 2012 revision set the value at Rs 1,800 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 1,206 per sq.ft. The value then increased significantly to Rs 1,800 per sq.ft in the 2023 revision, and finally rose to Rs 1,940 per sq.ft in the 2024 revision.

From the 2017 revision to the 2023 revision, the guideline value increased by 49%. The change from 2023 to 2024 represents an 8% increase. Overall, comparing the 2012 revision to the 2024 revision, the guideline value has increased by 8%.

Guideline values in Thirusulam

In Thirusulam, there are 74 streets under the Pallavaram SRO with a 2024 guideline value ranging from Rs 1,080 to Rs 2,750 per sq.ft. The median value is Rs 1,940 per sq.ft, which is the same as the current guideline value for Govt Group House 1 To 4 Streets.

Stamp duty and registration fee for property in Govt Group House 1 To 4 Streets

For a 1,000 sq.ft plot at the current guideline value of Rs 1,940 per sq.ft, the total guideline value would be Rs 19,40,000. The stamp duty at 7% would be Rs 1,35,800, and the registration fee at 2% would be Rs 38,800, totaling Rs 1,74,600. 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 detailed calculations.

Which Sub Registrar Office covers Govt Group House 1 To 4 Streets?

The Govt Group House 1 To 4 Streets falls under the Pallavaram Sub Registrar Office located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor during the registration of property transactions in Thirusulam. It serves as a benchmark for determining the stamp duty and registration fees that must be paid, ensuring that these costs are calculated based on the current values set by the government.

When buying or selling property, it is essential to be aware of the guideline value, as it can influence the overall cost of the transaction. Buyers should ensure that they are informed about the latest guideline values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Govt Group House 1 To 4 Streets?

The current guideline value for Govt Group House 1 To 4 Streets is Rs 1,940 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then back to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,940 per sq.ft in 2024.

What is the land classification for Govt Group House 1 To 4 Streets?

The land classification for Govt Group House 1 To 4 Streets is Residential Class II Type - I.

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

Other streets in Thirusulam with the same guideline value of Rs 1,940 per sq.ft include Govt Group House Highway Salai 1,2,3, Harbour Main Road, Indira Nagar, and several others.

Where is the Pallavaram Sub Registrar Office located?

The Pallavaram Sub Registrar Office is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.