Guideline Value

Corporate

Guideline Value for KOLAPAKKAM - MANAPAKKAM ROAD PANCHAYATH ROAD

₹2750/sq.ft.

The guideline value for Kolapakkam - Manapakkam Road Panchayath Road in Kolapakkam village (Pammal SRO, Chengalpattu zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kolapakkam

Village

Pammal

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /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 Kolapakkam - Manapakkam Road Panchayath Road

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Kolapakkam - Manapakkam Road Panchayath Road guideline value

The current guideline value for Kolapakkam - Manapakkam Road Panchayath Road is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Kolapakkam village under the Pammal Sub Registrar Office (SRO) and is classified as Residential Class I Type - I.

How the guideline value of Kolapakkam - Manapakkam Road Panchayath Road has changed

The guideline value for Kolapakkam - Manapakkam Road Panchayath Road has undergone several revisions over the years. The 2017 revision set the value at Rs 1,675 per sq.ft, which was then increased to Rs 2,500 per sq.ft in the 2023 revision. The latest revision in 2024 saw another increase to Rs 2,750 per sq.ft, marking a significant change of 10% from the previous year and an overall increase of 64% from the 2017 revision.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The changes from 2017 to 2023 reflect a 49% increase, showcasing the upward trend in the guideline value over the years.

Guideline values in Kolapakkam

In Kolapakkam, there are 111 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 1,650 to Rs 6,850 per sq.ft, with a median value of Rs 2,200 per sq.ft. The guideline value for Kolapakkam - Manapakkam Road Panchayath Road is above this median.

Stamp duty and registration fee for property in Kolapakkam - Manapakkam Road Panchayath Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value comes to Rs 27,50,000. The stamp duty at 7% would be Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, totaling Rs 2,47,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kolapakkam - Manapakkam Road Panchayath Road?

The Kolapakkam - Manapakkam Road Panchayath Road falls under 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 further assistance.

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

The guideline value plays a crucial role during the registration of property transactions in Kolapakkam. It serves as a benchmark for determining the minimum value at which property can be registered, ensuring that the transactions reflect a fair value based on the prevailing rates in the area.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are essential costs associated with the transaction. This ensures that all parties are aware of the financial implications of the property transfer.

Frequently asked questions

What is the current guideline value for Kolapakkam - Manapakkam Road Panchayath Road?

The current guideline value for Kolapakkam - Manapakkam Road Panchayath Road is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 1,675 per sq.ft to Rs 2,750 per sq.ft in 2024, reflecting a total increase of 64% over this period.

What is the land classification for Kolapakkam - Manapakkam Road Panchayath Road?

This street is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the registration office for Kolapakkam?

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

How is the stamp duty calculated for property in Kolapakkam?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 27,50,000, the stamp duty would be Rs 1,92,500 at a rate of 7%.