Guideline Value

Corporate

Guideline Value for Ganapathy Colony

₹660/sq.ft.

The guideline value for Ganapathy Colony in Pammathukulam village (Redhills SRO, Chennai zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 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:

Chennai

Zone

Pammathukulam

Village

Redhills

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹660 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹300 /sq.ft.
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)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Ganapathy Colony

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Ganapathy Colony guideline value

The current guideline value of Ganapathy Colony, located in Pammathukulam village under the Redhills SRO, is Rs 660 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class I Type - I land classification.

How the guideline value of Ganapathy Colony has changed

Over the years, the guideline value of Ganapathy Colony has seen several revisions. The earliest recorded figure is from 2007, where the value was Rs 300 per sq.ft. This increased to Rs 600 per sq.ft in 2012, marking a 100% rise. However, the value then decreased to Rs 402 per sq.ft in 2017, reflecting a 33% drop. The value rose significantly to Rs 600 per sq.ft in 2023, and further increased to Rs 660 per sq.ft in 2024, which is a 10% increase from the previous year. The register has no figures for the years 2002 and 2003 for this street.

From 2007 to 2024, the overall increase in guideline value is 120%. The guideline value changed from Rs 300 per sq.ft in 2007 to Rs 660 per sq.ft in 2024, showcasing a significant upward trend over the years.

Guideline values in Pammathukulam

Pammathukulam village has 101 streets under the Redhills SRO, with guideline values ranging from Rs 330 to Rs 825 per sq.ft as of 2024. The median value for these streets is Rs 550 per sq.ft, placing Ganapathy Colony's 2024 figure above this median.

Stamp duty and registration fee for property in Ganapathy Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value amounts to Rs 6,60,000. The stamp duty at 7% would be Rs 46,200, and the registration fee at 2% would be Rs 13,200, bringing the total charges to Rs 59,400. 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 Ganapathy Colony?

The Ganapathy Colony is covered by the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more details.

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

The guideline value plays a crucial role during the registration of property transactions in Pammathukulam. It is used to determine the stamp duty and registration fees applicable to the property being bought or sold.

When a buyer or seller approaches the registration office, the guideline value is referenced to calculate the fees, ensuring that all transactions adhere to the legal framework set by the Registration Department. This helps maintain transparency and standardization in property dealings.

Frequently asked questions

What is the current guideline value of Ganapathy Colony?

The current guideline value of Ganapathy Colony is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2007 to Rs 660 per sq.ft in 2024, with various increases and one decrease along the way.

What are the stamp duty and registration fees for property in Ganapathy Colony?

For a property valued at Rs 6,60,000, the stamp duty is Rs 46,200 and the registration fee is Rs 13,200, totaling Rs 59,400.

Which Sub Registrar Office covers Ganapathy Colony?

The Redhills Sub Registrar Office covers Ganapathy Colony, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is the guideline value determined for properties in Pammathukulam?

The guideline value is determined by the Registration Department and is used to calculate the applicable stamp duty and registration fees during property transactions in Pammathukulam.