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Guideline Value

Corporate

Guideline Value for Gandhi Nagar Extn ,Cross Street

₹2475/sq.ft.

The guideline value for Gandhi Nagar Extn ,cross Street in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 2475 per sq.ft, effective 1 July 2024. It was Rs 2250 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Pammal

Village

Pammal

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹2475 /sq.ft.
From 1-4-2023 ₹2250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1507 /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 Gandhi Nagar Extn ,cross Street

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Gandhi Nagar Extn ,Cross Street guideline value

The current guideline value for Gandhi Nagar Extn ,Cross Street is Rs 2,475 per sq.ft, effective from 1 July 2024. This property is located in Pammal village, under the Pammal SRO, and is classified as Residential Class I Type - II.

How the guideline value of Gandhi Nagar Extn ,Cross Street has changed

The guideline value for Gandhi Nagar Extn ,Cross Street has seen several revisions over the years. The oldest available figure is from the 2017 revision, which was Rs 1,507 per sq.ft. This value increased to Rs 2,250 per sq.ft in the 2023 revision, marking a significant rise of 49%. The most recent revision in 2024 set the guideline value at Rs 2,475 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Pammal

In Pammal, there are 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 value among these streets is Rs 2,090 per sq.ft, placing Gandhi Nagar Extn ,Cross Street's 2024 figure above that median.

Stamp duty and registration fee for property in Gandhi Nagar Extn ,Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,475 per sq.ft, the total guideline value amounts to Rs 24,75,000. The stamp duty at 7% would be Rs 1,73,250, and the registration fee at 2% would be Rs 49,500. Together, the total cost for stamp duty and registration fee would be Rs 2,22,750. Please note that duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Gandhi Nagar Extn ,Cross Street?

The Sub Registrar Office that covers Gandhi Nagar Extn ,Cross 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 more information.

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

The guideline value plays a crucial role when buying or selling property in Pammal. It serves as a benchmark for the minimum value at which properties can be registered. This ensures that the transactions are transparent and that the government receives the appropriate revenue from stamp duties.

When you register a property, the guideline value is used to calculate the stamp duty and registration fees. This means that buyers should be aware of the current guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value for Gandhi Nagar Extn ,Cross Street?

The current guideline value for Gandhi Nagar Extn ,Cross Street is Rs 2,475 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed from 2017 to 2024?

From the 2017 revision to the 2024 revision, the guideline value has increased by 64%, rising from Rs 1,507 per sq.ft to Rs 2,475 per sq.ft.

What are the stamp duty and registration fees for a property in Gandhi Nagar Extn ,Cross Street?

The stamp duty for a property valued at Rs 24,75,000 would be Rs 1,73,250, and the registration fee would be Rs 49,500, making the total Rs 2,22,750.

Which office should I visit for property registration in Gandhi Nagar Extn ,Cross Street?

The Pammal Sub Registrar Office is the designated office for property registration in Gandhi Nagar Extn ,Cross Street, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

Are there any revisions with no figures available for Gandhi Nagar Extn ,Cross Street?

Yes, the revisions for the years 2002, 2003, 2007, and 2012 have no figures available for Gandhi Nagar Extn ,Cross Street.