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Guideline Value

Corporate

Guideline Value for Gandhi Nagar/Durairaj Street

₹2475/sq.ft.

The guideline value for Gandhi Nagar/durairaj 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/durairaj Street

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Gandhi Nagar/Durairaj Street guideline value

The current guideline value for Gandhi Nagar/Durairaj Street is Rs 2,475 per sq.ft, effective from 1 July 2024. This street is located in Pammal village, under the Pammal SRO, with a land classification of Residential Class I Type - II.

How the guideline value of Gandhi Nagar/Durairaj Street has changed

The guideline value for Gandhi Nagar/Durairaj Street has seen significant changes over the years. In the 2017 revision, the value was set at Rs 1,507 per sq.ft. This increased to Rs 2,250 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 raised the guideline value to Rs 2,475 per sq.ft, which is 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 the register has no figures for this street for the years 2002, 2003, 2007, and 2012.

Guideline values in Pammal

Pammal village has a total of 926 streets under the Pammal SRO, with guideline values ranging from Rs 880 to Rs 3,300 per sq.ft as of 2024. The median guideline value in Pammal is Rs 2,090 per sq.ft, placing the guideline value of Gandhi Nagar/Durairaj Street above this median.

Stamp duty and registration fee for property in Gandhi Nagar/Durairaj Street

For a 1,000 sq.ft plot at the current rate of Rs 2,475 per sq.ft, the 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, totaling Rs 2,22,750. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Gandhi Nagar/Durairaj Street?

The Sub Registrar Office that covers Gandhi Nagar/Durairaj 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 during the registration of property transactions in Pammal. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized value set by the government.

When buying or selling property, the guideline value is referenced to determine the minimum value at which the property can be registered. This helps maintain transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Gandhi Nagar/Durairaj Street?

The current guideline value of Gandhi Nagar/Durairaj Street is Rs 2,475 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,507 per sq.ft in 2017 to Rs 2,475 per sq.ft in 2024, representing a 64% increase overall. The value rose to Rs 2,250 per sq.ft in 2023, followed by a 10% increase in 2024.

What are the other streets with the same guideline value?

Other streets in Pammal with the same guideline value of Rs 2,475 per sq.ft include Gandhi Nagar / All Streets, Gandhi Nagar Extn, Gandhi Nagar Extn, Cross Street, and Gandhi Road, Moovendhar Nagar.

What is the registration fee for property in Gandhi Nagar/Durairaj Street?

The registration fee for property in Gandhi Nagar/Durairaj Street is calculated based on the guideline value. For example, for a property valued at Rs 24,75,000, the registration fee would be Rs 49,500 at a rate of 2%.

Which office handles property registrations in Pammal?

The Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, is responsible for property registrations in Pammal.