Guideline Value

Corporate

Guideline Value for Nehru Nagar ,1st Street,

₹1980/sq.ft.

The guideline value for Nehru Nagar ,1st Street, 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 Nehru Nagar ,1st Street,

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Nehru Nagar ,1st Street, guideline value

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

How the guideline value of Nehru Nagar ,1st Street, has changed

Since the 2017 revision, the guideline value has seen significant changes. In 2017, the value was Rs 1,206 per sq.ft, which increased to Rs 1,800 per sq.ft in the 2023 revision, marking a 49% rise. The current 2024 revision shows a further increase to Rs 1,980 per sq.ft, reflecting a 10% change from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for Nehru Nagar ,1st Street. The only revisions that specify a guideline value for this street are from 2017, 2023, and the current 2024 revision.

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 Pammal is Rs 2,090 per sq.ft, placing Nehru Nagar ,1st Street's current value below this median.

Stamp duty and registration fee for property in Nehru Nagar ,1st Street,

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 together 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.

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

Which Sub Registrar Office covers Nehru Nagar ,1st Street,?

The Sub Registrar Office that covers Nehru Nagar ,1st Street, is 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 is a crucial factor during property registration in Pammal. It serves as a benchmark for determining the minimum value at which a property can be sold or purchased. When a property is registered, the guideline value is used to calculate the applicable stamp duty and registration fees.

Buyers and sellers should be aware that the guideline value may differ from the actual sale price. In cases where the sale price exceeds the guideline value, the stamp duty and registration fees will be calculated based on the higher amount, ensuring compliance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Nehru Nagar ,1st Street?

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

How has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 1,206 per sq.ft to Rs 1,980 per sq.ft in 2024, marking a total increase of 64% over the years.

What is the median guideline value in Pammal?

The median guideline value in Pammal is Rs 2,090 per sq.ft, which is above the current value of Nehru Nagar ,1st Street.

What are the stamp duty rates for property in Nehru Nagar ,1st Street?

The stamp duty for property in Nehru Nagar ,1st Street, is charged at 7% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Nehru Nagar ,1st Street located?

The Sub Registrar Office for Nehru Nagar ,1st Street, is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.