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Guideline Value

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Guideline Value for Guruswamy Nagar 4th Street

₹2350/sq.ft.

The guideline value for Guruswamy Nagar 4th 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 ₹515 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹188 /sq.ft.
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 Guruswamy Nagar 4th Street

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Guruswamy Nagar 4th Street guideline value

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

How the guideline value of Guruswamy Nagar 4th Street has changed

The guideline value for Guruswamy Nagar 4th Street has seen significant changes over the years. In 2003, the guideline value was Rs 188 per sq.ft, which increased to Rs 515 per sq.ft in 2007, marking a change of +174%. The value then rose substantially to Rs 1,407 per sq.ft in 2017, reflecting a +173% increase. The 2023 revision recorded a guideline value of Rs 2,099 per sq.ft, which was a +49% change from the previous revision. The current value of Rs 2,350 per sq.ft in 2024 represents a +12% increase from 2023.

It is important to note that the register does not contain figures for the years 2002 and 2012 for this street. Overall, the guideline value has increased by +1150% from 2003 to 2024.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO, with guideline values ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median guideline value is Rs 1,980 per sq.ft, placing Guruswamy Nagar 4th Street's 2024 figure above this median.

Stamp duty and registration fee for property in Guruswamy Nagar 4th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,350 per sq.ft, the total guideline value would be Rs 23,50,000. The stamp duty at 7% would amount to Rs 1,64,500, while the registration fee at 2% would be Rs 47,000. Together, these fees would total Rs 2,11,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Guruswamy Nagar 4th Street?

The Guruswamy Nagar 4th Street is covered by 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 when buying or selling property in Anakaputhur, as it determines the minimum value on which stamp duty and registration fees are calculated. Buyers and sellers must be aware of the current guideline value to ensure compliance with legal requirements during property transactions.

When a property is registered, the guideline value is used to assess the applicable fees. If the sale price is higher than the guideline value, the duty is charged based on the sale price instead.

Frequently asked questions

What is the current guideline value of Guruswamy Nagar 4th Street?

The current guideline value of Guruswamy Nagar 4th 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 increased significantly from Rs 188 per sq.ft in 2003 to Rs 2,350 per sq.ft in 2024, marking an overall increase of +1150% over this period.

What are the stamp duty rates for property in Guruswamy Nagar 4th Street?

The stamp duty for property in Guruswamy Nagar 4th Street is charged at 7% of the guideline value or sale price, whichever is higher.

Where is the Pammal Sub Registrar Office located?

The Pammal Sub Registrar Office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone.

What is the median guideline value in Anakaputhur?

The median guideline value in Anakaputhur is Rs 1,980 per sq.ft, with Guruswamy Nagar 4th Street's value being above this median at Rs 2,350 per sq.ft.