Guideline Value for N.S.K. Street (Anna Salai)

N.S.K. Street (Anna Salai) guideline value

The current guideline value of N.S.K. Street (Anna Salai) in Pammal village is Rs 2,475 per sq.ft, effective from 1 July 2024. This street falls under the Pammal Sub Registrar Office (SRO) and is classified as Residential Class I Type - II.

How the guideline value of N.S.K. Street (Anna Salai) has changed

The guideline value of N.S.K. Street has undergone several revisions since 2002. In 2002, the guideline value was Rs 201 per sq.ft, which increased to Rs 228 per sq.ft in 2003, marking a change of +13%. By 2007, the value rose to Rs 470 per sq.ft, representing a significant increase of +106% from the previous revision. The most recent revision in 2024 set the guideline value at Rs 2,475 per sq.ft, reflecting a substantial increase of +427% from 2007. Overall, from 2002 to 2024, the guideline value has increased by +1131%.

It is important to note that there are no recorded figures for the years 2012, 2017, and 2023 for N.S.K. Street in the register.

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 for these streets is Rs 2,090 per sq.ft, placing N.S.K. Street's 2024 figure above this median.

• NSK Street, Dr. Ambedhkar Nagar: Rs 1,980 per sq.ft (2024)
• N.S.K Street, Easwaran Nagar: Rs 2,750 per sq.ft (2024)
• N.S.K. Street (Mungli Ari): Rs 2,475 per sq.ft (2024)
• N.S.K. Street (Muthamazhi Nagar): Rs 2,475 per sq.ft (2024)
• NSK 1st Street, Dr.Ambedhar Nagar: Rs 1,980 per sq.ft (2024)
• N.T.Krishnan Street, Pasumpon Nagar: Rs 1,980 per sq.ft (2024)

Stamp duty and registration fee for property in N.S.K. Street (Anna Salai)

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 fees to Rs 2,22,750. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers N.S.K. Street (Anna Salai)?

The N.S.K. Street (Anna Salai) falls under the jurisdiction of 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 plays a crucial role in the registration process when buying or selling property in Pammal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the buyer must pay these fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of N.S.K. Street (Anna Salai)?

The current guideline value of N.S.K. Street (Anna Salai) is Rs 2,475 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2002, the guideline value has increased from Rs 201 per sq.ft to Rs 2,475 per sq.ft in 2024, representing an overall increase of +1131% over this period.

Which Sub Registrar Office covers N.S.K. Street (Anna Salai)?

The Pammal Sub Registrar Office covers N.S.K. Street (Anna Salai), located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What are the stamp duty and registration fees for a property in N.S.K. Street (Anna Salai)?

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.

Are there any revisions with no figures for N.S.K. Street?

Yes, there are no recorded figures for N.S.K. Street in the years 2012, 2017, and 2023 in the guideline value register.