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Guideline Value

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Guideline Value for N.S.K. Street (Muthamazhi Nagar)

₹2475/sq.ft.

The guideline value for N.s.k. Street (muthamazhi Nagar) in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 2475 per sq.ft, effective 1 July 2024. 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 N/A
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 ₹360 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹274 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹242 /sq.ft.
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. Street (muthamazhi Nagar)

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N.S.K. Street (Muthamazhi Nagar) guideline value

The current guideline value of N.S.K. Street (Muthamazhi Nagar) 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 N.S.K. Street (Muthamazhi Nagar) has changed

The guideline value for N.S.K. Street (Muthamazhi Nagar) has seen significant changes over the years. In 2002, the guideline value was Rs 242 per sq.ft, which increased to Rs 274 per sq.ft in 2003, marking a 13% rise. By 2007, the value further increased to Rs 360 per sq.ft, reflecting a 31% change from the previous revision. However, there are no figures available for the years 2012, 2017, and 2023.

From 2007 to 2024, the guideline value surged to Rs 2,475 per sq.ft, representing an increase of 588%. Overall, from the 2002 figure to the 2024 figure, there has been a remarkable increase of 923% in the guideline value.

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 as per the 2024 revision. The median guideline value in this area is Rs 2,090 per sq.ft, placing N.S.K. Street (Muthamazhi Nagar) above this median.

Stamp duty and registration fee for property in N.S.K. Street (Muthamazhi Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,475 per sq.ft, the total guideline value amounts to Rs 24,75,000. The stamp duty at 7% would be 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 or the sale price.

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

Which Sub Registrar Office covers N.S.K. Street (Muthamazhi Nagar)?

N.S.K. Street (Muthamazhi Nagar) falls under the jurisdiction of the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role when buying or selling property in Pammal. It is used to determine the stamp duty and registration fees applicable during the registration process. Buyers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

When a property is registered, the guideline value ensures that the transaction is recorded at a fair value, which helps maintain transparency in property dealings. It is essential for both buyers and sellers to understand how this value affects their financial obligations during property transactions.

Frequently asked questions

What is the current guideline value of N.S.K. Street (Muthamazhi Nagar)?

The current guideline value of N.S.K. Street (Muthamazhi Nagar) 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 increased significantly from Rs 242 per sq.ft in 2002 to Rs 2,475 per sq.ft in 2024, marking an overall increase of 923%.

Which Sub Registrar Office covers N.S.K. Street (Muthamazhi Nagar)?

N.S.K. Street (Muthamazhi Nagar) is covered by the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the stamp duty on property in N.S.K. Street (Muthamazhi Nagar)?

The stamp duty on property in N.S.K. Street (Muthamazhi Nagar) is 7% of the guideline value or the sale price, whichever is higher.

Are there other streets with similar guideline values in Pammal?

Yes, there are other streets in Pammal with similar guideline values. For instance, N.S.K. Street (Mungli Ari) also has a guideline value of Rs 2,475 per sq.ft, while N.S.K Street, Easwaran Nagar has a higher value of Rs 2,750 per sq.ft.