Guideline Value

Corporate

Guideline Value for P.A. Jaganathan Lane

₹3850/sq.ft.

The guideline value for P.a. Jaganathan Lane in Cantonment Pallavaram village (Pallavaram SRO, Chengalpattu zone) is Rs 3850 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Cantonment Pallavaram

Village

Pallavaram

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹3850 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹329 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044
044-22413425
[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 P.a. Jaganathan Lane

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

P.A. Jaganathan Lane guideline value

The current guideline value of P.A. Jaganathan Lane is Rs 3,850 per sq.ft, effective from 1 July 2024. This street is located in Cantonment Pallavaram village, under the Pallavaram SRO, and is classified as Residential Class I Type - I.

How the guideline value of P.A. Jaganathan Lane has changed

The guideline value for P.A. Jaganathan Lane has seen significant changes over the years. In 2003, the value was Rs 329 per sq.ft, which increased to Rs 500 per sq.ft in 2007. The value then rose dramatically to Rs 3,500 per sq.ft in 2012, before dropping to Rs 2,345 per sq.ft in 2017. The most recent revision in 2023 set the value at Rs 3,500 per sq.ft, which increased to Rs 3,850 per sq.ft in 2024, marking a 10% increase from the previous year.

From 2017 to 2023, there was a significant increase of 49%. The 2012 to 2017 period saw a decrease of 33%, while the 2007 to 2012 period experienced a remarkable increase of 600%. Overall, from 2003 to 2024, the guideline value has increased by 1070%. The register has no figure for this street in 2002.

Guideline values in Cantonment Pallavaram

Cantonment Pallavaram has a total of 81 streets under the Pallavaram SRO, with 2024 guideline values ranging from Rs 1,650 to Rs 11,000 per sq.ft. The median value is Rs 2,700 per sq.ft, placing P.A. Jaganathan Lane above this median.

Stamp duty and registration fee for property in P.A. Jaganathan Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 3,850 per sq.ft, the total guideline value amounts to Rs 38,50,000. The stamp duty, charged at 7%, would be Rs 2,69,500, while the registration fee at 2% would be Rs 77,000, bringing the total costs to Rs 3,46,500. It is important to note that duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers P.A. Jaganathan Lane?

The Sub Registrar Office that covers P.A. Jaganathan Lane is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, in the Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in the registration process of property transactions in Cantonment Pallavaram. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is conducted at a fair value as per government regulations.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value or the actual sale price of the property.

Frequently asked questions

What is the current guideline value of P.A. Jaganathan Lane?

The current guideline value of P.A. Jaganathan Lane is Rs 3,850 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, starting from Rs 329 per sq.ft in 2003 to Rs 3,850 per sq.ft in 2024, reflecting an overall increase of 1070% over the years.

What is the registration office for P.A. Jaganathan Lane?

The registration office for P.A. Jaganathan Lane is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044.

How is stamp duty calculated for properties in P.A. Jaganathan Lane?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at the current guideline value, the stamp duty would be Rs 2,69,500.

What are the guideline values of other streets in Cantonment Pallavaram?

Other streets in Cantonment Pallavaram have varying guideline values, ranging from Rs 1,650 to Rs 11,000 per sq.ft. P.A. Jaganathan Lane is currently valued at Rs 3,850 per sq.ft, which is above the median value of Rs 2,700 per sq.ft.