Guideline Value for N.S.K. Salai

₹2200/sq.ft.

The guideline value for N.s.k. Salai in Thiruneermalai village (Pammal SRO, Chengalpattu zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 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

Thiruneermalai

Village

Pammal

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 ₹350 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹238 /sq.ft.
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 N.s.k. Salai

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N.S.K. Salai guideline value

The current guideline value of N.S.K. Salai is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Thiruneermalai village under the Pammal SRO, classified as Residential Class I Type - II.

How the guideline value of N.S.K. Salai has changed

The guideline value of N.S.K. Salai has undergone several revisions over the years. In 2003, the value was Rs 238 per sq.ft, which increased to Rs 350 per sq.ft in 2007. This was a significant change of 47%. The value then saw a substantial rise to Rs 1,340 per sq.ft in 2017, marking an increase of 283%. Following this, the 2023 revision set the value at Rs 2,000 per sq.ft, reflecting a 49% increase from the previous revision. The latest revision in 2024 has raised the guideline value to Rs 2,200 per sq.ft, a 10% increase from 2023.

There are no figures available for the revisions in 2002 and 2012 for N.S.K. Salai. Overall, from 2003 to 2024, the guideline value has increased by 824%.

Guideline values in Thiruneermalai

In Thiruneermalai, there are 316 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 1,320 to Rs 6,240 per sq.ft, with a median value of Rs 2,420 per sq.ft. The guideline value of N.S.K. Salai is below this median.

Stamp duty and registration fee for property in N.S.K. Salai

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total to Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers N.S.K. Salai?

The Sub Registrar Office that covers N.S.K. Salai is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone. To locate your SRO, you can find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Thiruneermalai. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official records.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the costs associated with property registration. Understanding the guideline value helps in making informed decisions during property transactions.

Frequently asked questions

What is the current guideline value of N.S.K. Salai?

The current guideline value of N.S.K. Salai is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, starting from Rs 238 per sq.ft in 2003 to Rs 2,200 per sq.ft in 2024, marking an overall increase of 824% over this period.

What is the registration office for N.S.K. Salai?

The registration office for N.S.K. Salai is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How is stamp duty calculated for properties in N.S.K. Salai?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000 at a rate of 7%.

What are the other streets with the same guideline value in Thiruneermalai?

Other streets in Thiruneermalai with the same guideline value of Rs 2,200 per sq.ft include North Mada Street, North Kulakarai Street, Neervannan Street 1st Cross Street, and Neervannan Street 2nd Cross Street.