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Guideline Value

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Guideline Value for Muthamiaz Nagar,7th Cross Astreet,

₹2475/sq.ft.

The guideline value for Muthamiaz Nagar,7th Cross Astreet, 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 N/A
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 Muthamiaz Nagar,7th Cross Astreet,

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Muthamiaz Nagar,7th Cross Astreet, guideline value

The current guideline value for Muthamiaz Nagar,7th Cross Astreet, is Rs 2,475 per sq.ft, effective from 1 July 2024. This street is located in Pammal village, under the Pammal SRO, and is classified as Residential Class I Type - II.

How the guideline value of Muthamiaz Nagar,7th Cross Astreet, has changed

The guideline value for Muthamiaz Nagar,7th Cross Astreet, has undergone several revisions over the years. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was set at Rs 2,250 per sq.ft. The most recent revision in 2024 increased this value by 10% to Rs 2,475 per sq.ft.

This represents a significant change from the previous year. The increase from Rs 2,250 per sq.ft in 2023 to Rs 2,475 per sq.ft in 2024 reflects the adjustments made in the guideline values for properties in the area.

Guideline values in Pammal

Pammal village has a total of 926 streets under the Pammal SRO, with guideline values ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value in Pammal is Rs 2,090 per sq.ft, placing Muthamiaz Nagar,7th Cross Astreet, above this median.

Stamp duty and registration fee for property in Muthamiaz Nagar,7th Cross Astreet,

For a 1,000 sq.ft plot at the current guideline value of Rs 2,475 per sq.ft, the total guideline value would be Rs 24,75,000. The stamp duty at 7% would amount to Rs 1,73,250, and the registration fee at 2% would be Rs 49,500, bringing the total cost to Rs 2,22,750. It is important to note that stamp duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Muthamiaz Nagar,7th Cross Astreet,?

The Sub Registrar Office that covers Muthamiaz Nagar,7th Cross Astreet, is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the 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 a crucial factor when buying or selling property in Pammal. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official records.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for the legal transfer of ownership. Buyers should be aware that these costs can significantly impact the overall expense of purchasing a property.

Frequently asked questions

What is the current guideline value for Muthamiaz Nagar,7th Cross Astreet?

The current guideline value for Muthamiaz Nagar,7th Cross Astreet, is Rs 2,475 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen revisions, with the most recent increase from Rs 2,250 per sq.ft in 2023 to Rs 2,475 per sq.ft in 2024, reflecting a 10% change.

What is the median guideline value in Pammal?

The median guideline value in Pammal is Rs 2,090 per sq.ft, with Muthamiaz Nagar,7th Cross Astreet, being above this median.

What are the stamp duty and registration fees for a property in Muthamiaz Nagar,7th Cross Astreet?

For a property valued at Rs 24,75,000, the stamp duty would be Rs 1,73,250, and the registration fee would be Rs 49,500, totaling Rs 2,22,750.

Which office handles registrations for Muthamiaz Nagar,7th Cross Astreet?

The Pammal Sub Registrar Office handles registrations for Muthamiaz Nagar,7th Cross Astreet, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.