Guideline Value

Corporate

Guideline Value for Lake View Club

₹330/sq.ft.

The guideline value for Lake View Club in Pammathukulam village (Redhills SRO, Chennai zone) is Rs 330 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pammathukulam

Village

Redhills

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹330 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹300 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹100 /sq.ft.
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)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Lake View Club

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

Lake View Club guideline value

The current guideline value of Lake View Club in Pammathukulam village is Rs 330 per sq.ft, effective from 1 July 2024. This property falls under the Residential Class III Type - I land classification and is registered with the Redhills SRO.

How the guideline value of Lake View Club has changed

The guideline value for Lake View Club has seen several revisions over the years. In 2007, the value was Rs 100 per sq.ft, which increased significantly to Rs 300 per sq.ft in 2012, marking a 200% rise. However, from 2012 to 2017, the value decreased to Rs 201 per sq.ft, reflecting a decline of 33%. The value then rose to Rs 300 per sq.ft in 2023, a 49% increase, and is set to rise to Rs 330 per sq.ft in 2024, which is a 10% increase.

It is important to note that there are no figures available for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 230%.

Guideline values in Pammathukulam

In Pammathukulam, there are 101 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 825 per sq.ft, with a median value of Rs 550 per sq.ft. The guideline value for Lake View Club is below this median.

Stamp duty and registration fee for property in Lake View Club

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value amounts to Rs 3,30,000. The stamp duty at 7% would be Rs 23,100, and the registration fee at 2% would be Rs 6,600, bringing the total to Rs 29,700. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Lake View Club?

The Lake View Club is covered by the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in property transactions in Pammathukulam. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold. The guideline value is established by the Registration Department and is updated periodically to reflect changes in the market.

When registering a property, buyers must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Lake View Club?

The current guideline value of Lake View Club is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 100 per sq.ft in 2007 to Rs 330 per sq.ft in 2024, reflecting an overall increase of 230% over the years.

What are the other streets in Pammathukulam with their guideline values?

Other streets in Pammathukulam include Lakeview Club Phase-II and Lake View Club Phase III & IV at Rs 330 per sq.ft, Kumaran Nagr Part - II at Rs 550 per sq.ft, and KUMARAN CITY Extn, Krish City Phase - II, and Krish City at Rs 660 per sq.ft.

What fees are associated with purchasing property in Lake View Club?

When purchasing property in Lake View Club, buyers must pay a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

Which office handles registrations for Lake View Club?

The Redhills Sub Registrar Office handles registrations for Lake View Club, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.