Guideline Value for P.M.D. Nagar 1St Street
₹1650/sq.ft.
The guideline value for P.m.d. Nagar 1st Street in Peerklankaranai village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 1650 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Peerklankaranai
Village
Tambaram Joint 1
SRO
Residential Class I Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1650 /sq.ft. |
| From 1-4-2023 | ₹1500 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹1005 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1500 /sq.ft. |
| 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)
No.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[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]
Records for a plot on P.m.d. Nagar 1st Street
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Tambaram Joint 1 sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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P.M.D. Nagar 1St Street guideline value
The current guideline value of P.M.D. Nagar 1St Street is Rs 1,650 per sq.ft, effective from 1 July 2024. This street is located in Peerklankaranai village and falls under the Tambaram Joint 1 SRO. The land classification for this area is Residential Class I Type - II.
How the guideline value of P.M.D. Nagar 1St Street has changed
The guideline value for P.M.D. Nagar 1St Street has undergone several revisions over the years. The 2012 revision set the value at Rs 1,500 per sq.ft, which was a decrease from Rs 1,005 per sq.ft in the 2017 revision. The 2023 revision increased the value to Rs 1,500 per sq.ft, and the current 2024 revision has raised it further to Rs 1,650 per sq.ft.
From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased significantly by 49%. The overall change from the 2012 revision to the current 2024 revision shows a modest increase of 10%.
Guideline values in Peerklankaranai
Peerklankaranai village has a total of 322 streets under the Tambaram Joint 1 SRO, with the 2024 guideline values ranging from Rs 880 to Rs 4,400 per sq.ft. The median value for these streets is Rs 1,650 per sq.ft, which matches the current guideline value for P.M.D. Nagar 1St Street.
- P.M.D. Nagar 2St Street: Rs 1,650 per sq.ft (2024)
- P.M.D. Nagar: Rs 1,650 per sq.ft (2024)
- Perumal Koil Street: Rs 1,320 per sq.ft (2024)
- Perarinjar Anna Street: Rs 1,320 per sq.ft (2024)
- Pathmanaban Street: Rs 1,320 per sq.ft (2024)
- Parijadham Street: Rs 1,100 per sq.ft (2024)
Stamp duty and registration fee for property in P.M.D. Nagar 1St Street
For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value amounts to Rs 16,50,000. The stamp duty charged at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total to Rs 1,48,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price.
You can use the stamp duty and registration fee calculator for more accurate calculations based on your specific property details.
Which Sub Registrar Office covers P.M.D. Nagar 1St Street?
The Sub Registrar Office that covers P.M.D. Nagar 1St Street is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Peerklankaranai
The guideline value is essential for property registration in Peerklankaranai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction process.
When buying or selling property, the guideline value helps ensure that the transaction is recorded accurately and that the appropriate fees are collected based on the established rates. This process aids in maintaining transparency in real estate transactions.
Frequently asked questions
What is the current guideline value of P.M.D. Nagar 1St Street?
The current guideline value of P.M.D. Nagar 1St Street is Rs 1,650 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,650 per sq.ft in 2024, with various revisions in between. Notably, there was a significant increase of 49% from 2017 to 2023.
What is the land classification for P.M.D. Nagar 1St Street?
P.M.D. Nagar 1St Street is classified as Residential Class I Type - II, which indicates its suitability for residential purposes.
Where can I find the Sub Registrar Office for P.M.D. Nagar 1St Street?
The Sub Registrar Office for P.M.D. Nagar 1St Street is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.
How is stamp duty calculated for properties in P.M.D. Nagar 1St Street?
Stamp duty for properties in P.M.D. Nagar 1St Street is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 16,50,000 incurs a stamp duty of Rs 1,15,500 at 7%.
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