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Guideline Value

Corporate

Guideline Value for Mariamman Koil Street (ward 2)

₹990/sq.ft.

The guideline value for Mariamman Koil Street (ward 2) in Thandalam village (Pammal SRO, Chengalpattu zone) is Rs 990 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Thandalam

Village

Pammal

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹990 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /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 Mariamman Koil Street (ward 2)

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Mariamman Koil Street (ward 2) guideline value

The current guideline value of Mariamman Koil Street (ward 2) is Rs 990 per sq.ft, effective from 1 July 2024. This street is located in Thandalam village under the Pammal Sub Registrar Office (SRO). The land classification for this area is Residential Class II Type - I.

How the guideline value of Mariamman Koil Street (ward 2) has changed

The guideline value for Mariamman Koil Street (ward 2) has undergone several revisions over the years. The 2017 revision set the rate at Rs 603 per sq.ft, which increased to Rs 900 per sq.ft in 2023. The latest revision in 2024 saw a further increase to Rs 990 per sq.ft, marking a change of 10% from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

It is important to note that the register has no figures for this street for the years 2002, 2003, 2007, and 2012. The significant changes observed between the revisions include a 49% increase from 2017 to 2023 and a 10% increase from 2023 to 2024.

Guideline values in Thandalam

In Thandalam, there are 56 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 3,300 per sq.ft, with a median value of Rs 1,210 per sq.ft. The guideline value of Mariamman Koil Street (ward 2) is below this median.

Stamp duty and registration fee for property in Mariamman Koil Street (ward 2)

For a 1,000 sq.ft plot at the current guideline value of Rs 990 per sq.ft, the total guideline value would be Rs 9,90,000. The stamp duty at 7% would amount to Rs 69,300, and the registration fee at 2% would be Rs 19,800, making the total cost for these fees Rs 89,100. It is important to note that the 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 more details.

Which Sub Registrar Office covers Mariamman Koil Street (ward 2)?

The Sub Registrar Office that covers Mariamman Koil Street (ward 2) is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone. You can find your SRO for additional information.

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

The guideline value plays a crucial role in the registration process of property transactions in Thandalam. When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees, which are mandatory for legal documentation.

It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with local regulations and to accurately estimate the total costs involved in the property transaction.

Frequently asked questions

What is the current guideline value of Mariamman Koil Street (ward 2)?

The current guideline value of Mariamman Koil Street (ward 2) is Rs 990 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 603 per sq.ft in 2017 to Rs 900 per sq.ft in 2023, and then to Rs 990 per sq.ft in 2024. This represents a total increase of 64% from 2017 to 2024.

What is the land classification for Mariamman Koil Street (ward 2)?

The land classification for Mariamman Koil Street (ward 2) is Residential Class II Type - I, indicating its suitability for residential development.

Where can I find the Pammal Sub Registrar Office?

The Pammal Sub Registrar Office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone.

How is stamp duty calculated for properties in Thandalam?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, a property with a guideline value of Rs 9,90,000 would incur a stamp duty of Rs 69,300 at a rate of 7%.