Guideline Value

Corporate

Guideline Value for PAKKAM CITY PHASE I

₹330/sq.ft.

The guideline value for Pakkam City Phase I in Alathur village (Avadi SRO, Chennai zone) is Rs 330 per sq.ft, effective 1 July 2024. It was Rs 300 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:

Chennai

Zone

Alathur

Village

Avadi

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹330 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]

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Pakkam City Phase I guideline value

The current guideline value of Pakkam City Phase I is Rs 330 per sq.ft, effective from 1 July 2024. This area is located in Alathur village under the Avadi SRO and is classified as Residential Class I Type - I.

How the guideline value of Pakkam City Phase I has changed

The guideline value for Pakkam City Phase I has undergone several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In 2023, the guideline value was Rs 300 per sq.ft, which increased to Rs 330 per sq.ft in the 2024 revision, reflecting a change of +10%.

Prior to the 2023 revision, there were no recorded figures for the years mentioned. The 2024 revision marks a significant update, bringing the guideline value in line with the median value for the seven streets in Alathur under the Avadi SRO.

Guideline values in Alathur

In Alathur, there are seven streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 420 per sq.ft. The median value is Rs 330 per sq.ft, which is the same as the guideline value for Pakkam City Phase I.

Stamp duty and registration fee for property in Pakkam City Phase I

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value amounts to Rs 3,30,000. The stamp duty at 7% would be Rs 23,100, and the registration fee at 2% would be Rs 6,600, bringing the total to Rs 29,700. It is important to note that 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 Pakkam City Phase I?

Pakkam City Phase I falls under the jurisdiction of the Avadi Sub Registrar Office. The address is Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Alathur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both buyers and sellers are aware of the costs involved in the transaction. It is essential to refer to the latest guideline values to ensure compliance with the registration requirements.

Frequently asked questions

What is the current guideline value for Pakkam City Phase I?

The current guideline value for Pakkam City Phase I is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2023 to Rs 330 per sq.ft in 2024, reflecting a 10% increase. There are no recorded figures for the years 2002, 2003, 2007, 2012, and 2017.

What are the stamp duty and registration fees for properties in Pakkam City Phase I?

The stamp duty is calculated at 7% and the registration fee at 2% of the guideline value. For a 1,000 sq.ft plot, the total fees would amount to Rs 29,700 based on the current guideline value.

Which Sub Registrar Office covers Pakkam City Phase I?

Pakkam City Phase I is covered by the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

Where can I find more information about guideline values in Alathur?

For more information about guideline values in Alathur and other streets, you can refer to the Registration Department's guideline value register (TNReginet) or check the respective links for each street.