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Guideline Value

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Guideline Value for Maniammai Street / Thiruvalluvar Nagar

₹2475/sq.ft.

The guideline value for Maniammai Street / Thiruvalluvar Nagar in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 2475 per sq.ft, effective 1 July 2024. It was Rs 2250 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

Pammal

Village

Pammal

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹2475 /sq.ft.
From 1-4-2023 ₹2250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1507 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 ₹360 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹260 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹230 /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 Maniammai Street / Thiruvalluvar Nagar

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Maniammai Street / Thiruvalluvar Nagar guideline value

The current guideline value of Maniammai Street / Thiruvalluvar Nagar is Rs 2,475 per sq.ft, effective from 1 July 2024. This street is located in Pammal village and falls under the Pammal SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of Maniammai Street / Thiruvalluvar Nagar has changed

The guideline value for Maniammai Street / Thiruvalluvar Nagar has seen significant changes over the years. In 2002, the value was Rs 230 per sq.ft, which increased to Rs 260 per sq.ft in 2003, marking a 13% rise. The value then rose to Rs 360 per sq.ft in 2007, a 38% increase from the previous revision. Following that, in 2017, the value jumped to Rs 1,507 per sq.ft, reflecting a substantial 319% increase. The 2023 revision set the value at Rs 2,250 per sq.ft, which was a 49% increase from 2017. The most recent revision in 2024 has raised the value to Rs 2,475 per sq.ft, a 10% increase from the previous year. It is important to note that the register has no figure for this street in 2012.

Guideline values in Pammal

In Pammal, there are 926 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value for these streets is Rs 2,090 per sq.ft, placing Maniammai Street / Thiruvalluvar Nagar above this median.

Stamp duty and registration fee for property in Maniammai Street / Thiruvalluvar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,475 per sq.ft, the total guideline value comes to Rs 24,75,000. The stamp duty at 7% would be Rs 1,73,250, and the registration fee at 2% would be Rs 49,500, making the total cost Rs 2,22,750. Please note that the duty is charged on the higher of the guideline value or the sale price. You can also use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Maniammai Street / Thiruvalluvar Nagar?

The Sub Registrar Office that covers Maniammai Street / Thiruvalluvar Nagar is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is an essential factor during the registration of property in Pammal. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that the taxes paid are aligned with the official valuation of the property.

When buying or selling property, the guideline value helps both parties understand the minimum value at which the property can be registered. This ensures a transparent process and helps in determining the legal obligations regarding taxes and fees associated with the transaction.

Frequently asked questions

What is the current guideline value of Maniammai Street / Thiruvalluvar Nagar?

The current guideline value of Maniammai Street / Thiruvalluvar Nagar is Rs 2,475 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 230 per sq.ft in 2002 to Rs 2,475 per sq.ft in 2024, marking an overall increase of 976% over the years.

What are the other streets with similar guideline values in Pammal?

Other streets in Pammal with guideline values around Rs 2,475 per sq.ft include Manimegalai Street / Thiruvalluvar Nagar, which also has the same value, while others like Mani 2nd Street and Mani 1st Street are valued at Rs 2,750 per sq.ft.

How is the stamp duty calculated for properties in Maniammai Street?

The stamp duty for properties in Maniammai Street is calculated at 7% of the guideline value. For a property valued at Rs 24,75,000, the stamp duty would be Rs 1,73,250.

Where can I find more information about the Pammal Sub Registrar Office?

The Pammal Sub Registrar Office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075. More information can be found by visiting the find your SRO link.