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Guideline Value

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Guideline Value for Lalbagadursasthri 1st Cross 4th Lane

₹3300/sq.ft.

The guideline value for Lalbagadursasthri 1st Cross 4th Lane in Zaminpallavaram 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

Zaminpallavaram

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 ₹1000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹690 /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]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Lalbagadursasthri 1st Cross 4th Lane

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Lalbagadursasthri 1st Cross 4th Lane guideline value

The current guideline value of Lalbagadursasthri 1st Cross 4th Lane is Rs 3,300 per sq.ft, effective from 1 July 2024. This street is located in Zaminpallavaram village, under the Pallavaram SRO, and is classified as Residential Class I Type - II.

How the guideline value of Lalbagadursasthri 1st Cross 4th Lane has changed

The guideline value for Lalbagadursasthri 1st Cross 4th Lane has seen several revisions over the years. In 2003, the guideline value was Rs 690 per sq.ft, which increased to Rs 1,000 per sq.ft in 2007. This marked a significant rise of 45%. Following this, the value jumped to Rs 3,000 per sq.ft in 2012, reflecting a 200% increase. However, there was a decrease to Rs 2,010 per sq.ft in 2017, a decline of 33%. The value then rose sharply to Rs 3,000 per sq.ft in 2023, and most recently, it increased by 10% to Rs 3,300 per sq.ft in 2024.

Overall, from 2003 to 2024, the guideline value has increased by 378%. It is important to note that there is no registered figure for this street in 2002.

Guideline values in Zaminpallavaram

Zaminpallavaram village has a total of 638 streets under the Pallavaram SRO, with guideline values ranging from Rs 2,100 to Rs 11,000 per sq.ft. The median guideline value for these streets is Rs 3,300 per sq.ft, which is equal to the 2024 figure for Lalbagadursasthri 1st Cross 4th Lane. Below are the guideline values for other streets in Zaminpallavaram:

Stamp duty and registration fee for property in Lalbagadursasthri 1st Cross 4th Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be 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 and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Lalbagadursasthri 1st Cross 4th Lane?

The Lalbagadursasthri 1st Cross 4th Lane is covered by 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 Zaminpallavaram

The guideline value is a crucial factor when buying or selling property in Zaminpallavaram. It serves as a benchmark for determining the registration fees and stamp duty payable during the transaction. Buyers and sellers should be aware that the guideline value is used to calculate these fees, ensuring that both parties are informed of the financial obligations involved in the property transaction.

When registering a property, the guideline value helps ensure transparency and compliance with local regulations. It is essential for buyers to check the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Lalbagadursasthri 1st Cross 4th Lane?

The current guideline value of Lalbagadursasthri 1st Cross 4th 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 significantly from Rs 690 per sq.ft in 2003 to Rs 3,300 per sq.ft in 2024, marking an overall increase of 378% over this period.

What is the land classification for this street?

Lalbagadursasthri 1st Cross 4th Lane is classified as Residential Class I Type - II.

Where can I find the registration office for this area?

The registration office covering Lalbagadursasthri 1st Cross 4th Lane is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044.

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

The stamp duty is calculated at 7% of the guideline value, while the registration fee is charged at 2%. For example, for a property valued at Rs 33,00,000, the total stamp duty and registration fees would amount to Rs 2,97,000.