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Guideline Value

Corporate

Guideline Value for Nallathambi Road, Muthamiaz Nagar

₹2750/sq.ft.

The guideline value for Nallathambi Road, Muthamiaz Nagar in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 2750 per sq.ft, effective 1 July 2024. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Pammal

Village

Pammal

SRO

Commercial Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹1675 /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 Nallathambi Road, Muthamiaz Nagar

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Nallathambi Road, Muthamiaz Nagar guideline value

The current guideline value of Nallathambi Road, Muthamiaz Nagar is Rs 2,750 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 Commercial Class I Type - II.

How the guideline value of Nallathambi Road, Muthamiaz Nagar has changed

The guideline value for Nallathambi Road, Muthamiaz Nagar has undergone several revisions. The 2017 revision set the guideline value at Rs 1,675 per sq.ft. This figure was then revised to Rs 2,750 per sq.ft in 2024, marking an increase of 64% over the seven-year period.

There are no figures available for the revisions in 2023, 2012, 2007, 2003, and 2002 for this street. Therefore, the only registered figures relevant to Nallathambi Road, Muthamiaz Nagar are from the 2017 and 2024 revisions.

Guideline values in Pammal

In Pammal, there are 926 streets under the Pammal SRO that have a 2024 guideline value ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value in this area is Rs 2,090 per sq.ft, which means that Nallathambi Road, Muthamiaz Nagar's current guideline value is above this median.

Stamp duty and registration fee for property in Nallathambi Road, Muthamiaz Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be Rs 27,50,000. The stamp duty at 7% would amount to Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, leading to a total of Rs 2,47,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Nallathambi Road, Muthamiaz Nagar?

The Sub Registrar Office that covers Nallathambi Road, Muthamiaz 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 a crucial factor in the registration process for property transactions in Pammal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is sold, the guideline value is used to assess the applicable fees, ensuring that the correct amount is collected based on the registered value of the property or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Nallathambi Road, Muthamiaz Nagar?

The current guideline value of Nallathambi Road, Muthamiaz Nagar is Rs 2,750 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value changed from Rs 1,675 per sq.ft in 2017 to Rs 2,750 per sq.ft in 2024, which is an increase of 64%.

What is the median guideline value in Pammal?

The median guideline value in Pammal is Rs 2,090 per sq.ft, making the guideline value of Nallathambi Road, Muthamiaz Nagar higher than this median.

What are the stamp duty and registration fees for property transactions?

Stamp duty is charged at 7% and the registration fee at 2% of the guideline value or sale price, whichever is higher. For example, on a 1,000 sq.ft plot at the current guideline value, the total fees would be Rs 2,47,500.

Which office handles property registrations for Nallathambi Road?

The Pammal Sub Registrar Office handles property registrations for Nallathambi Road, Muthamiaz Nagar, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.