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Guideline Value

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Guideline Value for PALLAVARAM DURAIPAKKAM LINK ROAD (200 FEET ROAD)

₹3300/sq.ft.

The guideline value for Pallavaram Duraipakkam Link Road (200 Feet Road) in Kilkattalai village (Pallavaram SRO, Chengalpattu zone) is Rs 3300 per sq.ft, effective 1 July 2024. It was Rs 3000 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kilkattalai

Village

Pallavaram

SRO

Mixed Type - II
History
Period Guideline Value
From 1-7-2024 ₹3300 /sq.ft.
From 1-4-2023 ₹3000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2010 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3000 /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)

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 Pallavaram Duraipakkam Link Road (200 Feet Road)

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Pallavaram Duraipakkam Link Road (200 Feet Road) guideline value

The current guideline value of Pallavaram Duraipakkam Link Road (200 Feet Road) is Rs 3,300 per sq.ft, effective from 1 July 2024. This road is located in Kilkattalai village, under the Pallavaram SRO, and is classified as Mixed Type - II land.

How the guideline value of Pallavaram Duraipakkam Link Road (200 Feet Road) has changed

Over the years, the guideline value for Pallavaram Duraipakkam Link Road has seen several revisions. The 2012 revision set the value at Rs 3,000 per sq.ft, which was a decrease of 33% from the 2017 revision of Rs 2,010 per sq.ft. The 2023 revision increased the value to Rs 3,000 per sq.ft, and the latest revision in 2024 has raised it to Rs 3,300 per sq.ft, marking a 10% increase from the previous year.

From the 2017 revision to the 2023 revision, there was a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. Notably, there are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Kilkattalai

Kilkattalai village has a total of 194 streets under the Pallavaram SRO that carry a 2024 guideline value, ranging from Rs 1,080 to Rs 5,500 per sq.ft. The median guideline value is Rs 2,530 per sq.ft, placing Pallavaram Duraipakkam Link Road's 2024 value above this median.

Stamp duty and registration fee for property in Pallavaram Duraipakkam Link Road (200 Feet Road)

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total cost to Rs 2,97,000. 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 details.

Which Sub Registrar Office covers Pallavaram Duraipakkam Link Road (200 Feet Road)?

The Pallavaram Duraipakkam Link Road (200 Feet Road) falls under the jurisdiction of the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Kilkattalai. It serves as a reference point for determining the stamp duty and registration fees applicable during the registration process. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is registered, the guideline value is used to calculate the applicable fees, which are based on the higher of the guideline value or the sale price. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Pallavaram Duraipakkam Link Road?

The current guideline value of Pallavaram Duraipakkam Link Road (200 Feet Road) is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,000 per sq.ft in 2023 to Rs 3,300 per sq.ft in 2024, an increase of 10%. In 2017, the value was Rs 2,010 per sq.ft, showing a 49% increase to 2023.

What is the land classification for Pallavaram Duraipakkam Link Road?

Pallavaram Duraipakkam Link Road is classified as Mixed Type - II land, which affects its guideline value and potential uses.

Where can I find the registration office for this area?

The registration office for Pallavaram Duraipakkam Link Road 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 this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For instance, a property valued at Rs 33,00,000 incurs a stamp duty of Rs 2,31,000 at 7%.