Guideline Value for N.T.Krishnan Street, Pasumpon Nagar

N.T.Krishnan Street, Pasumpon Nagar guideline value

The current guideline value of N.T.Krishnan Street, Pasumpon Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Pammal village and falls under the Pammal SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of N.T.Krishnan Street, Pasumpon Nagar has changed

The guideline value register for N.T.Krishnan Street shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only revision available is from 2024, which is set at Rs 1,980 per sq.ft.

There have been no changes between the revisions available, as the register does not provide figures for the previous years listed. Therefore, the current guideline value remains unchanged since the 2024 revision.

Guideline values in Pammal

In Pammal, there are 926 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 3,300 per sq.ft, with a median value of Rs 2,090 per sq.ft. N.T.Krishnan Street's 2024 figure is below this median.

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

Stamp duty and registration fee for property in N.T.Krishnan Street, Pasumpon Nagar

For a 1,000 sq.ft plot at the current rate of Rs 1,980 per sq.ft, the guideline value would be Rs 19,80,000. The stamp duty at 7% would amount to Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, totaling Rs 1,78,200. It is important to note that 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 details.

Which Sub Registrar Office covers N.T.Krishnan Street, Pasumpon Nagar?

The Sub Registrar Office that covers N.T.Krishnan Street, Pasumpon Nagar is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor in property transactions in Pammal. It is used to determine the stamp duty and registration fees that need to be paid during the registration process.

When buying or selling property, the guideline value serves as a benchmark for the transaction value, ensuring that the appropriate fees are calculated based on the higher of the guideline value or the actual sale price.

Frequently asked questions

What is the current guideline value of N.T.Krishnan Street, Pasumpon Nagar?

The current guideline value of N.T.Krishnan Street, Pasumpon Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024.

What is the land classification for N.T.Krishnan Street?

N.T.Krishnan Street is classified as Residential Class II Type - II.

What are the other streets in Pammal with their guideline values?

Other streets in Pammal include N.S.K. Street (Muthamazhi Nagar) at Rs 2,475 per sq.ft, N.S.K. Street (Mungli Ari) at Rs 2,475 per sq.ft, and N.S.K Street, Easwaran Nagar at Rs 2,750 per sq.ft, among others.

How is the stamp duty calculated for properties in N.T.Krishnan Street?

Stamp duty for properties in N.T.Krishnan Street is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur a stamp duty of Rs 1,38,600.

Where can I find the Pammal Sub Registrar Office?

The Pammal Sub Registrar Office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.