Guideline Value for Kayalar Lane
₹3300/sq.ft.
The guideline value for Kayalar Lane in Cantonment Pallavaram village (Pallavaram SRO, Chengalpattu zone) is Rs 3300 per sq.ft, effective 1 July 2024. It was Rs 3000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Cantonment Pallavaram
Village
Pallavaram
SRO
Residential Class I Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹3300 /sq.ft. |
| From 1-4-2023 | ₹3000 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹2010 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹3000 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹800 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | ₹629 /sq.ft. |
| From 1-4-2002 To 31-3-2003 | N/A |
Guideline Value Timeline
Guideline Value Comparison
SRO (Sub Registrar Office)
7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044
044-22413425
[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]
Records for a plot on Kayalar Lane
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Pallavaram sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
Need Complete Property Verification?
Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place
Kayalar Lane guideline value
The current guideline value of Kayalar Lane in Cantonment Pallavaram village is Rs 3,300 per sq.ft, effective from 1 July 2024. This area falls under the Pallavaram SRO and is classified as Residential Class I Type - II.
How the guideline value of Kayalar Lane has changed
The guideline value for Kayalar Lane has seen several revisions over the years. In 2003, the value was Rs 629 per sq.ft, which increased to Rs 800 per sq.ft in 2007. Following this, there was a significant jump to Rs 3,000 per sq.ft in 2012, but it then decreased to Rs 2,010 per sq.ft in 2017. The value rose again to Rs 3,000 per sq.ft in 2023, and the most recent revision in 2024 set it at Rs 3,300 per sq.ft. Notably, there is no figure available for the year 2002 in the register for this street.
Between the revisions, the changes are as follows: from 2003 to 2007, there was a +27% increase; from 2007 to 2012, it increased by +275%; however, from 2012 to 2017, the value decreased by -33%. The value then rose by +49% from 2017 to 2023, and finally, there was a +10% increase from 2023 to 2024. Overall, from 2003 to 2024, the guideline value has increased by +425%.
Guideline values in Cantonment Pallavaram
- Kayalar Street: Rs 2,200 per sq.ft (2024)
- King Street: Rs 2,200 per sq.ft (2024)
- Kasim Sahib Street: Rs 2,200 per sq.ft (2024)
- Kulathu Medu: Rs 2,200 per sq.ft (2024)
- Kumaran Lane (STREET): Rs 2,700 per sq.ft (2024)
- Kumaran Street: Rs 2,700 per sq.ft (2024)
Stamp duty and registration fee for property in Kayalar Lane
For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value would be Rs 33,00,000. The stamp duty at 7% would amount to Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total to Rs 2,97,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for further assistance.
Which Sub Registrar Office covers Kayalar Lane?
The Sub Registrar Office that covers Kayalar Lane is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Cantonment Pallavaram
The guideline value plays a crucial role in property transactions in Cantonment Pallavaram. When buying or selling property, the guideline value is utilized to determine the stamp duty and registration fees applicable for the transaction. This ensures that both parties are aware of the financial obligations involved in the property transfer process.
Additionally, the guideline value serves as a reference point for property valuation during registration. It helps maintain transparency in the property market by providing a standardized value that reflects the prevailing rates in the area.
Frequently asked questions
What is the current guideline value of Kayalar Lane?
The current guideline value of Kayalar Lane is Rs 3,300 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 629 per sq.ft in 2003 to Rs 3,300 per sq.ft in 2024, marking an overall increase of +425% over this period.
What is the land classification for Kayalar Lane?
Kayalar Lane is classified as Residential Class I Type - II, indicating its suitability for residential purposes.
Where can I find the Sub Registrar Office for Kayalar Lane?
The Sub Registrar Office for Kayalar Lane is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.
How is stamp duty calculated for properties in Kayalar Lane?
Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 33,00,000, the stamp duty would be Rs 2,31,000 at a rate of 7%.
Ask the records, or walk the map.
LandLens One answers from Tamil Nadu land law itself, cited to the page, then acts on the registers. One Map lights them up on the parcel. Your history stays in one place across both.
YOU APPROVE ANY SPEND
A customer has just used our Building Plan Approval Services
1 hour ago
