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Guideline Value for Maruthu Pandi Street (Maruthu Pandi Nagar)

₹550/sq.ft.

The guideline value for Maruthu Pandi Street (maruthu Pandi Nagar) in Attanthangal village (Redhills SRO, Chennai zone) is Rs 550 per sq.ft, effective 1 July 2024. It was Rs 500 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:

Chennai

Zone

Attanthangal

Village

Redhills

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹300 /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 Maruthu Pandi Street (maruthu Pandi Nagar)

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Maruthu Pandi Street (Maruthu Pandi Nagar) guideline value

The current guideline value of Maruthu Pandi Street (Maruthu Pandi Nagar) is Rs 550 per sq.ft, effective from 1 July 2024. This street is located in Attanthangal village under the Redhills SRO, classified as Residential Class II Type - I.

How the guideline value of Maruthu Pandi Street (Maruthu Pandi Nagar) has changed

The guideline value for Maruthu Pandi Street has undergone several revisions over the years. In 2007, the guideline value was Rs 300 per sq.ft, which increased to Rs 500 per sq.ft in 2012. However, there was a significant drop to Rs 335 per sq.ft in 2017. The value then rose to Rs 500 per sq.ft in 2023, before reaching the current value of Rs 550 per sq.ft in 2024, reflecting a 10% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 83%. The revisions for the years 2002 and 2003 do not have any figures recorded for this street in the register.

Guideline values in Attanthangal

In Attanthangal, there are 80 streets under the Redhills SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 880 per sq.ft, with a median value of Rs 880 per sq.ft. Maruthu Pandi Street's 2024 figure of Rs 550 per sq.ft is below this median.

Stamp duty and registration fee for property in Maruthu Pandi Street (Maruthu Pandi Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value amounts to Rs 5,50,000. The stamp duty at 7% would be Rs 38,500, and the registration fee at 2% would be Rs 11,000, bringing the total fees to Rs 49,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Maruthu Pandi Street (Maruthu Pandi Nagar)?

Maruthu Pandi Street 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 more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Attanthangal. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that these fees are based on the official valuation of the property.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the overall cost of the transaction. This value is updated periodically, reflecting changes in the local real estate market.

Frequently asked questions

What is the current guideline value of Maruthu Pandi Street?

The current guideline value of Maruthu Pandi Street (Maruthu Pandi Nagar) is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, increasing from Rs 300 per sq.ft in 2007 to Rs 550 per sq.ft in 2024, which is an overall increase of 83% since 2007.

What are the stamp duty and registration fees for property in Maruthu Pandi Street?

For a property valued at Rs 5,50,000, the stamp duty would be Rs 38,500, and the registration fee would be Rs 11,000, totaling Rs 49,500.

Which Sub Registrar Office covers Maruthu Pandi Street?

The Redhills Sub Registrar Office covers Maruthu Pandi Street, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

What is the land classification of Maruthu Pandi Street?

Maruthu Pandi Street is classified as Residential Class II Type - I, indicating its suitability for residential development.