Guideline Value

Corporate

Guideline Value for Gurusamy Nagar

₹2350/sq.ft.

The guideline value for Gurusamy Nagar 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

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Gurusamy Nagar guideline value

The current guideline value of Gurusamy Nagar, located in Anakaputhur village under the Pammal SRO, is Rs 2,350 per sq.ft. This value is effective from 1 July 2024 and falls under the Residential Class III Type - I land classification.

How the guideline value of Gurusamy Nagar has changed

Over the years, the guideline value for Gurusamy Nagar has seen several revisions. The 2017 revision set the value at Rs 1,407 per sq.ft, which increased to Rs 2,099 per sq.ft in the 2023 revision. The latest revision in 2024 has raised the guideline value to Rs 2,350 per sq.ft, marking a 12% increase from the previous year. Overall, from 2017 to 2024, there has been a significant increase of 67% in the guideline value.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street. The increments between the revisions highlight the changes in property valuation over time, with a notable 49% rise from 2017 to 2023.

Guideline values in Anakaputhur

Anakaputhur village has a total of 501 streets under the Pammal SRO, with guideline values ranging from Rs 1,320 to Rs 4,640 per sq.ft as of 2024. The median guideline value for these streets is Rs 1,980 per sq.ft, positioning Gurusamy Nagar's 2024 figure above this median.

Stamp duty and registration fee for property in Gurusamy Nagar

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, and the registration fee at 2% would be Rs 47,000, bringing the total charges to Rs 2,11,500. It is important to note that the 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 Gurusamy Nagar?

The Sub Registrar Office that covers Gurusamy Nagar is 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 plays a crucial role in property transactions in Anakaputhur. It is used to determine the minimum value of a property for registration purposes, ensuring that properties are not undervalued during the sale process.

When buying or selling a property, the guideline value is referenced to calculate the applicable stamp duty and registration fees. This ensures a standardized approach to property valuation, which is essential for maintaining transparency in real estate transactions.

Frequently asked questions

What is the current guideline value of Gurusamy Nagar?

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

How much has the guideline value changed recently?

From the 2023 revision to the 2024 revision, the guideline value increased by 12%. Overall, from the 2017 revision to the 2024 revision, there has been a 67% increase.

What is the land classification for Gurusamy Nagar?

Gurusamy Nagar falls under the Residential Class III Type - I land classification, which indicates its suitability for residential development.

Where can I find the registration office for Gurusamy Nagar?

The registration office for Gurusamy Nagar is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How is stamp duty calculated for properties in Gurusamy Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 23,50,000, the stamp duty would be Rs 1,64,500 at a rate of 7%.