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Guideline Value

Corporate

Guideline Value for Kennadi Street, Dr.Ambedhar Nagar

₹1980/sq.ft.

The guideline value for Kennadi Street, Dr.ambedhar Nagar in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Pammal

Village

Pammal

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1980 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /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 Kennadi Street, Dr.ambedhar Nagar

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Kennadi Street, Dr.Ambedhar Nagar guideline value

The current guideline value of Kennadi Street, Dr.Ambedhar Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Pammal village under the Pammal SRO, and it falls under the Residential Class II Type - II land classification.

How the guideline value of Kennadi Street, Dr.Ambedhar Nagar has changed

The guideline value for Kennadi Street has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 1,980 per sq.ft, a 10% increase from the 2023 revision, which was Rs 1,800 per sq.ft. Looking back further, the 2017 revision recorded a value of Rs 1,206 per sq.ft, marking a significant increase of 49% to the 2023 figure. There are no figures available for the revisions in 2012, 2007, 2003, and 2002 for this street.

Overall, from 2017 to 2024, the guideline value has increased by 64%, reflecting the changes in property valuation over this period.

Guideline values in Pammal

Pammal village has a total of 926 streets under the Pammal SRO, with 2024 guideline values ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value in Pammal is Rs 2,090 per sq.ft, which indicates that Kennadi Street's 2024 figure is below this median.

Stamp duty and registration fee for property in Kennadi Street, Dr.Ambedhar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value would be Rs 19,80,000. The stamp duty at 7% would amount to Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, bringing the total fees together to Rs 1,78,200. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher.

You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Kennadi Street, Dr.Ambedhar Nagar?

The Sub Registrar Office covering Kennadi Street, Dr.Ambedhar Nagar is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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, as it determines the minimum value at which a property can be registered. When a buyer and seller agree on a sale price, the registration office will assess the guideline value to ensure that the transaction is in line with current property valuations.

During the registration process, the buyer must pay stamp duty and registration fees based on the higher of the guideline value or the sale price. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Kennadi Street, Dr.Ambedhar Nagar?

The current guideline value of Kennadi Street, Dr.Ambedhar Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 1,206 per sq.ft in 2017 to Rs 1,980 per sq.ft in 2024, reflecting a total increase of 64% over this period.

What is the stamp duty rate for properties in Kennadi Street?

The stamp duty rate for properties in Kennadi Street is 7% of the guideline value or the 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, Chengalpattu registration zone.

What are the other streets with guideline values in Pammal?

Other streets in Pammal include Kenndy Street / Mungil Lake at Rs 1,980 per sq.ft, Kesavan Street / Muthamzhi Nagar at Rs 2,475 per sq.ft, Kiruba Street / Anna Nagar at Rs 2,750 per sq.ft, Kaveri Street / Thiruvallur Nagar at Rs 2,475 per sq.ft, Kaveri Street / Anna Nagar at Rs 2,750 per sq.ft, and Kattabooman Street (V.O.C. Nagar) at Rs 2,750 per sq.ft.