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Guideline Value

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Guideline Value for Kakkan Street / Hindustan Lever Colony

₹2530/sq.ft.

The guideline value for Kakkan Street / Hindustan Lever Colony in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 2530 per sq.ft, effective 1 July 2024. It was Rs 2300 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

Pammal

Village

Pammal

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2530 /sq.ft.
From 1-4-2023 ₹2300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1541 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 ₹575 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹185 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹163 /sq.ft.
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 Kakkan Street / Hindustan Lever Colony

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Kakkan Street / Hindustan Lever Colony guideline value

The current guideline value of Kakkan Street / Hindustan Lever Colony is Rs 2,530 per sq.ft, effective from 1 July 2024. This property is located in Pammal village under the Pammal SRO, classified as Residential Class I Type - I.

How the guideline value of Kakkan Street / Hindustan Lever Colony has changed

The guideline value for Kakkan Street / Hindustan Lever Colony has seen significant changes over the years. In 2002, the guideline value was Rs 163 per sq.ft, which increased to Rs 185 per sq.ft in 2003. The value continued to rise, reaching Rs 575 per sq.ft in 2007, marking an increase of 211% from the previous revision. By 2017, the value had jumped to Rs 1,541 per sq.ft, reflecting a substantial increase of 168%. The 2023 revision set the value at Rs 2,300 per sq.ft, a 49% rise from 2017. The latest revision in 2024 has established the current value at Rs 2,530 per sq.ft, representing a 10% increase from the previous year.

It is important to note that there is no figure available for Kakkan Street / Hindustan Lever Colony in the 2012 revision. Overall, from 2002 to 2024, the guideline value has increased by an impressive 1452%.

Guideline values in Pammal

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

Stamp duty and registration fee for property in Kakkan Street / Hindustan Lever Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 2,530 per sq.ft, the total guideline value would be Rs 25,30,000. The stamp duty at 7% would amount to Rs 1,77,100, and the registration fee at 2% would be Rs 50,600, bringing the total cost for stamp duty and registration to Rs 2,27,700. Please note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Kakkan Street / Hindustan Lever Colony?

The Kakkan Street / Hindustan Lever Colony falls under the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions in Pammal. It is used to determine the stamp duty and registration fees during the registration process. Buyers and sellers must consider this value to ensure they comply with legal requirements.

When a property is sold, the guideline value acts as a benchmark for the transaction. The higher of the guideline value or the sale price will be used to calculate the applicable duties and fees, ensuring that the transaction is recorded accurately in the official register.

Frequently asked questions

What is the current guideline value of Kakkan Street / Hindustan Lever Colony?

The current guideline value of Kakkan Street / Hindustan Lever Colony is Rs 2,530 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 163 per sq.ft in 2002 to Rs 2,530 per sq.ft in 2024, which is an overall increase of 1452%.

What is the median guideline value in Pammal?

The median guideline value in Pammal is Rs 2,090 per sq.ft, with Kakkan Street / Hindustan Lever Colony's value being above this median.

What are the stamp duty and registration fees for property transactions?

The stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, and the registration fee is charged at 2% of the same. For example, for a 1,000 sq.ft plot, the total cost for stamp duty and registration would be Rs 2,27,700.

Where can I find the Sub Registrar Office for Kakkan Street / Hindustan Lever Colony?

The Sub Registrar Office covering Kakkan Street / Hindustan Lever Colony is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.