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Guideline Value

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Guideline Value for NSK 1st Street, Dr.Ambedhar Nagar

₹1980/sq.ft.

The guideline value for Nsk 1st Street, Dr.ambedhar Nagar in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Pammal

Village

Pammal

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1980 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
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 Nsk 1st Street, Dr.ambedhar Nagar

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NSK 1st Street, Dr.Ambedhar Nagar guideline value

The current guideline value of NSK 1st Street, Dr.Ambedhar 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 NSK 1st Street, Dr.Ambedhar Nagar has changed

The guideline value for NSK 1st Street, Dr.Ambedhar Nagar has seen significant changes over the years. In the 2017 revision, the guideline value was Rs 1,206 per sq.ft. This increased to Rs 1,800 per sq.ft in the 2023 revision, marking a 49% rise. The most recent 2024 revision set the value at Rs 1,980 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, there has been a 64% increase in the guideline value. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

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. NSK 1st Street, Dr.Ambedhar Nagar's 2024 figure is below this median.

Stamp duty and registration fee for property in NSK 1st Street, Dr.Ambedhar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total 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, bringing the total fees to Rs 1,78,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers NSK 1st Street, Dr.Ambedhar Nagar?

The NSK 1st Street, Dr.Ambedhar Nagar is covered by the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is an essential factor during property transactions in Pammal, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations and to calculate the applicable stamp duty and registration fees.

When a property is bought or sold, the guideline value helps in assessing the financial obligations associated with the transaction. It serves as a reference point for both parties involved in the sale, ensuring transparency and adherence to legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of NSK 1st Street, Dr.Ambedhar Nagar?

The current guideline value of NSK 1st Street, Dr.Ambedhar Nagar is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,206 per sq.ft in 2017 to Rs 1,800 per sq.ft in 2023, and then to Rs 1,980 per sq.ft in 2024. This represents an overall increase of 64% from 2017 to 2024.

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

Other streets in Pammal include N.S.K. Street (Anna Salai) at Rs 2,475 per sq.ft, NSK Street, Dr. Ambedhkar Nagar at Rs 1,980 per sq.ft, and several others, with values ranging up to Rs 2,750 per sq.ft.

Where can I find the stamp duty and registration fees for my property?

You can calculate the stamp duty and registration fees using the stamp duty and registration fee calculator. This tool will help you understand your financial obligations based on the guideline value.

Which Sub Registrar Office covers NSK 1st Street, Dr.Ambedhar Nagar?

The NSK 1st Street, Dr.Ambedhar Nagar is covered by the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.