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Guideline Value

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Guideline Value for Gurusamy Nagar 4th Street 2nd Cross Street

₹2350/sq.ft.

The guideline value for Gurusamy Nagar 4th Street 2nd Cross Street in Anakaputhur village (Pammal SRO, Chengalpattu zone) is Rs 2350 per sq.ft, effective 1 July 2024. It was Rs 2099 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Anakaputhur

Village

Pammal

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹2350 /sq.ft.
From 1-4-2023 ₹2099 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1407 /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 Gurusamy Nagar 4th Street 2nd Cross Street

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Gurusamy Nagar 4th Street 2nd Cross Street guideline value

The current guideline value of Gurusamy Nagar 4th Street 2nd Cross Street is Rs 2,350 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village, under the Pammal SRO, and is classified as Residential Class III Type - I.

How the guideline value of Gurusamy Nagar 4th Street 2nd Cross Street has changed

Over the years, the guideline value of Gurusamy Nagar 4th Street 2nd Cross Street has experienced several revisions. The 2017 revision set the value at Rs 1,407 per sq.ft, which was then increased to Rs 2,099 per sq.ft in 2023. The most recent revision in 2024 raised the guideline value further to Rs 2,350 per sq.ft, marking a 12% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 67%.

It is important to note that there are no recorded figures for this street in the revisions of 2002, 2003, 2007, and 2012. The significant changes between the revisions highlight the evolving nature of property values in this area.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that have a 2024 guideline value ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median value for these streets is Rs 1,980 per sq.ft, placing Gurusamy Nagar 4th Street 2nd Cross Street's 2024 figure above this median.

Stamp duty and registration fee for property in Gurusamy Nagar 4th Street 2nd Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,350 per sq.ft, the total guideline value amounts to Rs 23,50,000. The stamp duty at 7% would be Rs 1,64,500, while the registration fee at 2% would be Rs 47,000, bringing the total fees together to Rs 2,11,500. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Gurusamy Nagar 4th Street 2nd Cross Street?

The Gurusamy Nagar 4th Street 2nd Cross Street falls under the jurisdiction of the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Anakaputhur, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are necessary for the legal transfer of ownership.

It is essential for buyers and sellers to be aware of the current guideline value, as it impacts the overall costs associated with property transactions. Understanding these values can help in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Gurusamy Nagar 4th Street 2nd Cross Street?

The current guideline value of Gurusamy Nagar 4th Street 2nd Cross Street is Rs 2,350 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,407 per sq.ft in 2017 to Rs 2,099 per sq.ft in 2023, and then to Rs 2,350 per sq.ft in 2024, marking an overall increase of 67% from 2017 to 2024.

What is the land classification for Gurusamy Nagar 4th Street 2nd Cross Street?

The land classification for Gurusamy Nagar 4th Street 2nd Cross Street is Residential Class III Type - I.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 23,50,000, the stamp duty would be Rs 1,64,500 and the registration fee would be Rs 47,000, totaling Rs 2,11,500.

Which office handles registrations for this street?

The Pammal Sub Registrar Office handles registrations for Gurusamy Nagar 4th Street 2nd Cross Street, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.